Financial
Distress signals
Property profile

1 Mill Rd Newville, PA 17241

FOR SALE
Investment properties
Property ID
US73-2886735
21,255 SF 2.04 ac lot
Last sale Jan 2019 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail property, located at 1 Mill Road in Newville, Pennsylvania, presents a compelling investment opportunity. The single-story, 14,855 square foot shopping center sits on a 2.04-acre lot and boasts a Class B rating. Built in 2013, the property features 49 total parking spaces and is zoned for commercial use. Currently, there are 3,128 square feet of vacant space available, divisible into units ranging from a minimum of 1,365 square feet to a maximum contiguous space of

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$697k
Assessed land$82k
Assessed improvement$615k
Effective rate1.93%

Value estimate

· Sep 2026
$710k
$639k – $781k
Submarket $/SF estimate$1.79M
NOI build-up
Gross scheduled income$214k
Vacancy & credit loss−$10k
Operating expenses−$61k
NOI · 8.46% cap applied$143k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$152/SF
County average, outlier-cleaned · 274 recorded sales of this use type
Observed band · Q1–Q3$84 – $226

Cap rate analysis

How does the asset earn?
8.46%
$143k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.1
Building Supply9.9
Wholesale Shop8.9

Location

1 Mill Rd Newville, PA 17241
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 Doubling Gap, Newville, PA 17241-9448 $475,000 Dec 2024 12,396 SF
6 Big Spg, Newville, PA 17241-1302 $135,000 Apr 2024 1,916 SF
25 Broad, Newville, PA 17241-1501 $210,000 Jan 2024 2,448 SF
24 High, Newville, PA 17241-1109 $150,000 Jul 2023 2,220 SF
1040 Greenspring, Newville, PA 17241-9668 $238,000 Jan 2022 1,944 SF
21 High, Newville, PA 17241-1125 $220,000 Oct 2021 1,936 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message