Property profile

515 Chocolate Ave Hershey, PA 17033

OFF-MARKET
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Property ID
US73-4310873
71,317 SF 1.81 ac Built 2017
Last sale Mar 2016·$2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Hershey, Pennsylvania commercial property, located at 515 W Chocolate Ave, offers a unique blend of retail, office, and industrial spaces. The 6.41-acre lot encompasses seven buildings, totaling 31,758 square feet, spread across two stories. Built in 1940, the property is zoned C25 - Commercial/Industrial: Hershey Mixed Use with Downtown Core 9.1 Overlay District, providing flexibility for a variety of businesses. The property features multiple tenancy options, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$178k
Tax billed · 2023
Assessed value · 2024$6.17M
Assessed land$801k
Assessed improvement$5.37M
Effective rate2.88%

Value estimate

· Nov 2026
$7.28M
$6.55M – $8.01M
CAP approach$8.26M
Submarket $/SF estimate$7.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$163/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$93 – $250

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAUPHIN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.8
HVAC Service10.0
Pharmacy9.8

Location

515 Chocolate Ave Hershey, PA 17033-1325
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Mae, Hershey, PA 17033 $5,300,000 Nov 2025 61,200 SF
204 Hillcrest, Hershey, PA 17033-1659 $18,800,000 Oct 2023 51,130 SF
905 Chocolate, Hershey, PA 17033-1216 $255,000 Jul 2022 3,084 SF
Ml, Hershey, PA 17033 $17,600,000 Mar 2022 5,120 SF
8 Governor, Hershey, PA 17033-1722 $671,480 Sep 2021 2,993 SF
749 Chocolate, Hershey, PA 17033-1212 $15,784,865 May 2019 66,128 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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