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Property profile & analytics
OFF-MARKET
Estimated value
$4,485,000
Hotels
990 Eisenhower Blvd, Harrisburg, PA 17111-2311
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5756633
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Total area
48,393 SF
Lot
2.39 ac (104,108 SF)
APN
63-027-066
UPID
US73-5756633
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
-
La Quinta Inn & Suites by Wyndham Harrisburg Airport Hershey Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.60M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.49M
Owner & transaction history
Hershey Lodging LLC · 5 yrs held
Hershey Lodging LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Harrisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisburg 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%
$6,070,000
6.5%
$5,600,000
7%
$5,200,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,105,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$6,830,000
Change: -13% · Conversion: Difficult
RESTAURANT
$6,670,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.49M
Range $4.04M – $4.93M · ±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
$93 / 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
$88,911
Tax year 2023
Assessed value
$3,137,600
Assessed 2024
Previous assessed
$3,137,600
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$1,183,100
Assessed improvement
$1,954,500
Land market value
$1,183,100
Improvement market value
$1,954,500
Total market value
$3,137,600
Applied tax rate
63.0000
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
1990
Heating
YES
Cooling
YES
Stories
3
Total area
48,393 SF
Lot
2.39 ac (104,108 SF)
APN
63-027-066
UPID
US73-5756633
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
MEDICAL BUILDING
Est. value
$7.1M
RETAIL STORES
Est. value
$6.8M
RESTAURANT
Est. value
$6.7M
MEDICAL BUILDING
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
1990
Heating
YES
Cooling
Yes
Stories
3
Lot
2.39 ac
Current owner
From public records · entity-resolved
Hershey Lodging LLC
Entity
Mailing address
1011 PEGGY DR, HUMMELSTOWN, PA 17036-9030
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
—
Hershev Lodging LLC
—
Deed
related
$2,473,073 · Bank Of Bird In Hand
May 25, 2021
—
Hershey Lodging LLC
Cplg Properties LLC
Special Warranty Deed
$3,280,000 · Bank Of Bird In Hand
Jun 13, 2018
—
Corepoint Trust LLC
—
Grant Deed
related
$1,035,000,000 · Jpmorgan Chase Bk NA
Jul 25, 2007
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
—
Mar 13, 2006
—
Bre Of Lq Properties LLC
La Quinta Properties INC
Grant Deed
$2,075,000,000 · Mortgage Electronic Reg Sys
Sep 14, 2004
$4,095,443
La Quinta Properties INC
Marcus Consid LLC
Warranty Deed
—
Jul 26, 2004
—
Marcus Consid LLC
B & G Realty INC
Warranty Deed
related
—
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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