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    Property profile & analytics

    5418 Locust Ln Harrisburg, PA 17109-5526

    • Medical offices
    • 2,280 SF
    • 1.96 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Aug 26, 2020
    $345,000
    Location Intelligence
    Property ID
    US73-1536971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ranck Chiropractic Clinic / Chiropractor
    • Meditation Science / Meditation Instructor / Recreation
    • Angel At Home Care LLC / Home Health Care Service
    • William Ranck / Chiropractor

    Property Details for 5418 Locust Ln

    Year built
    1973
    Construction
    FRAME
    Lot size
    1.96 lot acres
    Property size
    2,280 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    35-061-083
    APU
    35061083

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $305,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $295,000
      Mixed-Use
      $300,000
      Hospitality
      $330,000
      Educational
      $295,000
      Residential Income
      $320,000
      Energy
      $295,000
      Income-Based Land
      $375,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7948
    Latitude
    40.2935
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,959
    $191,100
    $141,700
    $332,800
    -
    $191,100
    $141,700
    $332,800

    Comparable in this City

    • Value Estimation by Request
      5,285 SF

      3940 Locust Ln

      MEDICAL BUILDING • 5,285 SF
      3940 Locust Ln, Harrisburg, PA 17109-4023
      View Details
    • Value Estimation by Request
      7,011 SF

      4301 Londonderry Rd

      MEDICAL BUILDING • 7,011 SF
      4301 Londonderry Rd, Harrisburg, PA 17109-5318
      View Details
    • Value Estimation
      $400,000
      4,104 SF

      49 Prince St

      MEDICAL BUILDING • 4,104 SF
      49 Prince St, Harrisburg, PA 17109-3113
      View Details
    • Value Estimation
      $225,000
      2,511 SF

      3320 Ridgeway Rd

      MEDICAL BUILDING • 2,511 SF
      3320 Ridgeway Rd, Harrisburg, PA 17109-1023
      View Details
    • Value Estimation
      $420,000
      8,678 SF

      4601 Devonshire Rd

      MEDICAL BUILDING • 8,678 SF
      4601 Devonshire Rd, Harrisburg, PA 17109-1547
      View Details
    • Value Estimation
      $285,000
      3,920 SF

      4300 Devonshire Rd

      MEDICAL BUILDING • 3,920 SF
      4300 Devonshire Rd, Harrisburg, PA 17109-1540
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,662 SF

      Medical Office Space Near UPMC

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      Olde Liberty Square Medical Offices

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      Harrisburg Office Suites for Lease

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      Versatile Commercial Space in Harrisburg

      Functional commercial space with private offices, break room, and ample parking.
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      View Details
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    Harrisburg, PA 17109-5526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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