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Property profile & analytics
OFF-MARKET
Estimated value
$5,790,000
Hotels
550 Main St Hummelstown, PA 17036-1812
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-1054150
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Total area
50,786 SF
Lot
4.37 ac (190,357 SF)
APN
24-030-011
UPID
US73-1054150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hilton Garden Grille Restaurant
-
Hilton Garden Inn Hershey Hotel & Motel
-
Historic Acres of Hersey Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.88M
Comparable Approach
Comparable
$5.34M
Blend (final)
Blend
$5.79M
Owner & transaction history
550 East Main LLC · 7 yrs held
550 East Main LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.4M
+1.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hummelstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hummelstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,370,000
6.5%
$5,880,000
7%
$5,460,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,285,000
Current use
MEDICAL BUILDING
$8,410,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,255,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$7,370,000
Change: -11% · Conversion: Difficult
RESTAURANT
$7,160,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.79M
Range $5.21M – $6.37M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$124,668
Tax year 2023
Assessed value
$4,321,400
Assessed 2024
Previous assessed
$4,321,400
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$981,800
Assessed improvement
$3,339,600
Land market value
$981,800
Improvement market value
$3,339,600
Total market value
$4,321,400
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1999
Heating
YES
Cooling
YES
Stories
2
Total area
50,786 SF
Lot
4.37 ac (190,357 SF)
APN
24-030-011
UPID
US73-1054150
Jurisdiction
DAUPHIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$8.4M
AUTO REPAIR, GARAGE
Est. value
$8.3M
RETAIL STORES
Est. value
$7.4M
RESTAURANT
Est. value
$7.2M
HOTEL/MOTEL Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
2
Lot
4.37 ac
Current owner
From public records · entity-resolved
550 East Main LLC
Entity
Mailing address
44 HERSHA DR, HARRISBURG, PA 17102-2241
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
—
550 East Main LLC
—
Deed
related
$12,400,000 · Western Alliance Bank
Feb 28, 2019
$11,820,800
550 East Main LLC
Main & Walton Development Company L
Special Warranty Deed
$11,750,000 · Western Alliance Bank
Feb 4, 2015
—
Main & Walton Dev Co LLC
Main & Walton Dev Co LLC
Quit Claim Deed
related
$7,500,000 · Santander Bk NA
Sep 2, 2011
—
Main & Walton Dev Co LLC
—
Deed Of Trust
related
$6,160,000 · Sovereign Bank
Feb 6, 2002
—
Main & Walton Dev Co
Main & Walton Dev Co
Quit Claim Deed
related
—
—
—
Main & Walton Dev Co LLC
—
Deed Of Trust
related
$500,000 · Sovereign Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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