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    815 Eisenhower Blvd Middletown, PA 17057-5502
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    Property profile & analytics

    815 Eisenhower Blvd, Middletown, PA 17057-5502

    View on Map
    • Hotels
    • 96,991 SF
    • 3.89 lot acres
    Off-Market
    Property ID
    US73-1662340
    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.
    Value Estimations
    $6,275,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 815 Eisenhower Blvd

    Year built
    1989
    Construction
    FRAME
    Lot size
    3.89 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    36-007-081
    APU
    36007081

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 17, 2017 — Shri Sai Middletown LLC — Deed · related $11.9M · Miscellaneous Ins Co
    Jul 12, 2010 — Shri Sai Middletown LLC — Deed Of Trust · related $11.2M · Lb-ubs Com'l M Tr 2008-c1 (ct)
    Nov 7, 2007 $9,875,000 Shri Sai Middletown LLC Middletown Realty Group I Warranty Deed $11.2M · Ubs Real Estate Securities INC
    May 17, 2004 $4,400,000 Middletown Realty Group INC Highspire Hospitality Deed Of Trust · related $6.7M · Adams County National Bank
    — — Shri Sai Middletown LLC — Loan Modification · related $4.3M · Access Pt Fin'l INC
    — — Shri Sai Middletown LLC — Deed Of Trust · related $10.7M · Miscellaneous Ins Co
    — — Shri Sai Middletown LLC — Deed Of Trust · related $11.9M · Miscellaneous Ins Co
    — — Highspire Hospitality — Deed Of Trust · related $6.7M · Adams Cnty Nat'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,788,000
      Market price range: $1.76M - $15.3M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7918
    Latitude
    40.2179
    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
    $106,357
    $807,400
    $2,258,000
    $3,065,400
    -
    $807,400
    $2,258,000
    $3,065,400

    Comparable in this City

    • Value Estimation
      $915,000
      2,072 SF

      1368 Harrisburg Pike

      HOTEL/MOTEL
      1368 Harrisburg Pike, Middletown, PA 17057-3816
      View Details
    • Value Estimation by Request
      2,280 SF

      1350 Eisenhower Blvd

      HOTEL/MOTEL
      1350 Eisenhower Blvd, Middletown, PA 17057
      View Details
    • Value Estimation
      $4,680,000
      47,348 SF

      Rte 230th Ut3d

      HOTEL/MOTEL
      Rte 230th Ut3d, Middletown, PA 17057
      View Details
    • Value Estimation by Request
      3,042 SF

      5 Pne St

      HOTEL/MOTEL
      5 Pne St, Middletown, PA 17057-1887
      View Details
    • Value Estimation by Request
      2,271 SF

      155 Richardson Rd

      HOTEL/MOTEL
      155 Richardson Rd, Middletown, PA 17057-5512
      View Details
    • Value Estimation by Request
      800 SF

      1429 Swatara Park Rd

      CAMPGROUND, RV PARK
      1429 Swatara Park Rd, Middletown, PA 17057-3087
      View Details

    Similar Nearby for Sale

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      Middletown Restaurant & Bar for Sale

      Turnkey Restaurant/Bar with Liquor License
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      Development Opportunity on Eisenhower Boulevard

      1.644-acre site with Industrial Park zoning and high visibility.
      1144 S Eisenhower Blvd, Middletown, PA 17057
      View Details
    • Contact for pricing

      High Bay Industrial Complex

      Multi-tenant industrial complex with flexible design and abundant dock loading.
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      1,460 SF

      Middletown Multifamily Investment Opportunity

      Multifamily property with renovation potential in Middletown, PA.
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      Middletown Pad Site For Sale

      0.69 acre commercially zoned pad site in Middletown, Pennsylvania.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Building Near Harrisburg Airport

      59,900 SF office building on 5.01 acres for rent.
      1201 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • Contact for pricing
      418,608 SF

      Middletown Warehouse and Distribution Facility

      418,608 SF warehouse and distribution facility in Middletown, PA.
      900 Rosedale Ave, Middletown, PA 17057
      View Details
    • Contact for pricing
      82,500 SF

      High Bay Warehouse Space Available

      Well-located warehouse for last mile delivery needs, available Q2 2022.
      310 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • $700 /Mo

      Professional Office Space Available

      Office suites for lease with convenient regional access.
      1801 Oberlin Rd, Middletown, PA 17057
      View Details
    • Contact for pricing

      Distribution Warehouse in Central PA

      Renovated distribution warehouse with convenient access to transportation hubs.
      500 Industrial Ln, Middletown, PA 17057
      View Details
    • Contact for pricing
      17,842 SF

      Middletown Flex Office Sublease

      Class A flex office space available for sublease.
      301 Fulling Mill Rd, Middletown, PA 17057
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      5.3k
    • Avg Time on site
      382 min
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    Middletown, PA 17057-5502
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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