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Property profile & analytics
OFF-MARKET
Estimated value
$2,045,000
Auto shops
62 Doe Run Rd Manheim, PA 17545-9314
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1071596
Property summary
AI-generated overview
This exceptional 29,087-square-foot industrial warehouse, built in 2024, is situated in Lancaster County and offers unparalleled flexibility for businesses seeking modern space. The property, located at 62 Doe Run Rd, boasts a single-story design with a remarkable 27'6" ceiling height, ideal for various industrial uses. The building features a comprehensive sprinkler system for enhanced safety. Loading and unloading are efficient with two loading docks and two drive-in doors. A convenient restroom and shipping office are included within the main building. The property is zoned for Commercial/Light Industrial use and has an APN of 500-16783-0-0000. The entire 29,087 square feet is available, or it can be divided into two separate units. Unit A offers approximately 17,504 square feet, while Unit B provides approximately 11,583 square feet. Each unit includes its own restroom, small shipping office, and loading dock. The lease rate for the entire building is $8.50 per square foot, NNN. For the individual units, the lease rate is $9.50 per square foot, NNN. This prime location, with convenient access via West End Drive, presents a unique opportunity for businesses seeking efficient and modern warehouse space in a thriving Lancaster County location. The property is a pre-engineered steel metal building.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,760 SF
Lot
4.2 ac (182,952 SF)
Zoning code
I
APN
500-16783-0-0000
UPID
US73-1071596
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$2.05M
Owner & transaction history
Manheim Self Storage LLC · 5 yrs held
Manheim Self Storage LLC
since 2021
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
I · Manheim, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+46.7%
Restaurant
$1.8M
+21.7%
Medical building
$1.8M
+21.0%
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 Manheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manheim 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
$2,185,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,460,000
Current use
COMMERCIAL (GENERAL)
$2,140,000
Change: +47% · Conversion: Moderate
RESTAURANT
$1,775,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,765,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$1,410,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±10% · vs last sale $1.80M (Jun 1 2021)
Last sale anchor
$1.80M
Jun 1 2021
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
$233 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,856
Tax year 2024
Assessed value
$1,023,000
Assessed 2024
Previous assessed
$1,023,000
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$320,000
Assessed improvement
$703,000
Land market value
$320,000
Improvement market value
$703,000
Total market value
$1,023,000
Applied tax rate
500.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
YES
Buildings
5
Stories
1
Total area
8,760 SF
Lot
4.2 ac (182,952 SF)
Zoning code
I
APN
500-16783-0-0000
UPID
US73-1071596
Jurisdiction
LANCASTER
Zoning & alternative use
I · Manheim, PA
Zoning I · permitted uses
I · Manheim, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manheim. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RESTAURANT
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
5
Lot
4.2 ac
Current owner
From public records · entity-resolved
Manheim Self Storage LLC
Entity
Mailing address
141 W END DR, MANHEIM, PA 17545-9320
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
$1,650,000
Manheim Self Storage LLC
Christine C Shubert
Quit Claim Deed
related
$1,237,500 · Pennian Bank
Jun 1, 2021
—
Christine C Shubert
Doe Run Road LLC
Quit Claim Deed
related
—
Dec 29, 2009
$1,800,000
Doe Run Road LLC
Al Hamilton Family LP No 3
Grant Deed
$1,400,000 · Fulton 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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