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    Property profile & analytics

    823 Reese Ave Hershey, PA 17033-2233

    • Medical offices
    • 1,528 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    Aug 26, 2024
    $360,000
    Location Intelligence
    Property ID
    US73-2530880
    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

    • Crosstown Dental Group Hershey / Periodontist / Dental Clinic
    • Crosstown Dental Group Hershey, LLC / Dentist

    Property Details for 823 Reese Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    1,528 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    24-033-006
    APU
    24033006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $410,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $375,000
      Mixed-Use
      $430,000
      Hospitality
      $360,000
      Educational
      $420,000
      Residential Income
      $430,000
      Energy
      $385,000
      Income-Based Land
      $395,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Hershey
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.6663
    Latitude
    40.2771
    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
    $3,499
    $28,100
    $93,200
    $121,300
    -
    $28,100
    $93,200
    $121,300

    Comparable in this City

    • Value Estimation by Request
      1,771 SF

      650 Governor Rd

      MEDICAL BUILDING • 1,771 SF
      650 Governor Rd, Hershey, PA 17033
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    • Value Estimation
      $1,240,000
      6,996 SF

      71 Cedar Ave

      MEDICAL BUILDING • 6,996 SF
      71 Cedar Ave, Hershey, PA 17033
      View Details
    • Value Estimation
      $200,000
      2,086 SF

      158 Caracas Ave

      MEDICAL BUILDING • 2,086 SF
      158 Caracas Ave, Hershey, PA 17033-1510
      View Details
    • Value Estimation by Request
      3,358 SF

      1220 Chocolate Ave

      MEDICAL BUILDING • 3,358 SF
      1220 Chocolate Ave, Hershey, PA 17033-1221
      View Details
    • Value Estimation
      $270,000
      2,964 SF

      1044 Cocoa Ave

      MEDICAL BUILDING • 2,964 SF
      1044 Cocoa Ave, Hershey, PA 17033-1709
      View Details
    • Value Estimation
      $435,000
      3,276 SF

      1016 Cocoa Ave

      MEDICAL BUILDING • 3,276 SF
      1016 Cocoa Ave, Hershey, PA 17033-1709
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $1,380,000
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      Hershey Office Building - Prime Location

      Turn-key office/medical building, excellent condition.
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      Hershey Office Building For Lease

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    • $1,500,000
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      Hershey Commercial Land - 7.87 Acres

      Prime Hershey location, commercial zoning, high visibility.
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    • $3,000,000

      Hershey Retail Bank Building For Sale

      Prime Hershey location, ±3,661 SF bank building.
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      Land Near Hershey Attractions

      2+ acre lot with views near Hersheypark and highways.
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    Similar Nearby for Lease

    • $19 SF/Yr
      41,070 SF

      Hershey Medical Office Suites

      Prime Hershey location, flexible suites.
      1135 Chocolate Ave, Hershey, PA 17033
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    • Contact for pricing
      19,100 SF

      Hershey Office Building for Lease

      Modern medical & executive suites available
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      View Details
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    823 Reese Ave
    Hershey, PA 17033-2233
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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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