915 Mtn Rd Harrisburg, PA 17112-1793
Entity Owned
3-yr Hold
Free & Clear
Estimated value (blended)
$760k
Range $684k – $836k (±10%)
Implied cap rate
5.80%
In-place · NOI ÷ last sale
Property ID
US73-5977567
Property summary
AI-generated overview
This exceptional two-story, 4,730 square foot executive office building at 915 N Mountain Road, Harrisburg, PA 17112, presents a compelling investment opportunity. Boasting a 6.75% cap rate and a current NOI of $74,890, this Class B property offers significant potential for growth. Currently at 50% occupancy, the building features two spacious suites, each with ample reception/waiting areas, ideal for a variety of commercial uses. Situated on a 0.46-acre lot in a Commercial Neighborhood (CN) zone, the property benefits from a prominent corner location, providing exceptional visibility to over 21,900 vehicles daily via an electronic monument sign on N Mountain Road. The building, constructed in 2006, includes 24 parking spaces and is conveniently located near Linglestown Square, approximately ½ mile from Linglestown Road in both directions, and across from Linglestown Elementary and Middle School. The property's APN is 35-018-048. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving Harrisburg neighborhood. The asking price is $895,000.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
3,630 SF
Lot
0.45 ac (19,602 SF)
APN
35-018-048
UPID
US73-5977567
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alternative Medicine Practice
-
Alternative Medicine Practice
-
Alternative Medicine Practice Spa & Massage Center
-
Law Firm Child Welfare Organization
-
Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$760k
Owner & transaction history
since 2023
Last sale
$680,000
2 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$680,000
+26.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$760k
Value range
$684k – $836k
±10% around blend
Estimated value / SF
$209 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$684k
blend $760k
$836k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,630 SF
Lot area
0.45 ac
Year built
2006
Stories
1
APN
35-018-048
Assessed value
$305,200
Annual tax
$8,216
3
Income approach: direct capitalization
Partial preview
Income approach indication
$680k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$735k
@ 6.5% CAP return
$680k
@ 7% CAP return
$630k
4
Sales comparison
Partial preview
Sales approach indication
$413k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.6 mi away · 3,322 SF
4.0 mi away · 2,756 SF
4.3 mi away · 4,449 SF
5.4 mi away · 2,966 SF
5.4 mi away · 3,456 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$760k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 38 sales
$148
+42%
Submarket 304 sales
$84
+148%
County 424 sales
$87
+140%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $209/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+27%
vs current-use indication
Commercial (general) · current use
Medical Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
5.80%
Implied, in-place cap rate for this office spaces
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.80%
9.0%
NOI (est.)
$48k *
Last sale · May 2023
$680k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$821k
Move the market yield to see immediate price impact.
Value / SF
$226
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.30%5.80%6.30%
$43k
$808k
$739k
$680k
$48k
$898k
$821k
$756k
$52k
$988k
$903k
$831k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$775k
2.4 mi · Feb 2026 · $247/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,216
Tax year 2023
Assessed value
$305,200
Assessed 2024
Previous assessed
$305,200
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$77,000
Assessed improvement
$228,200
Land market value
$77,000
Improvement market value
$228,200
Total market value
$305,200
Applied tax rate
35.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Total area
3,630 SF
Lot
0.45 ac (19,602 SF)
APN
35-018-048
UPID
US73-5977567
Jurisdiction
DAUPHIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
YES
Cooling
Yes
Stories
1
Lot
0.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 915 Mtn Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
