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Property profile & analytics
OFF-MARKET
Investment properties
1 Walnut St, Hanover, PA 17331-3160
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0771677
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1890
Total area
9,562 SF
Lot
0.09 ac (3,964 SF)
Zoning code
CM
APN
67-000-05-0011.00-00000
UPID
US73-0771677
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
-
Beauty and the Beat LLC Cosmetic Store
-
Downtown Hair Designs Hair Salon Nail Salon
-
John Diehl Ophthalmologist (Bike/Boat/Book/etc) Store
-
Little Journeys Speech Therapy LLC Physician
-
Renaissance Hair Designs Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Masarroni Enterprises LLC · 5 yrs held
Masarroni Enterprises LLC
since 2020
Last sale
$450,000
5 recorded transactions
Zoning & alternative use
CM · Hanover, PA
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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,053
Tax year 2024
Assessed value
$249,190
Assessed 2024
Previous assessed
$249,190
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$30,890
Assessed improvement
$218,300
Land market value
$30,890
Improvement market value
$218,300
Total market value
$249,190
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1890
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
9,562 SF
Lot
0.09 ac (3,964 SF)
Zoning code
CM
APN
67-000-05-0011.00-00000
UPID
US73-0771677
Jurisdiction
YORK
Zoning & alternative use
CM · Hanover, PA
Zoning CM · permitted uses
CM · Hanover, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
YES
Cooling
Yes
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Masarroni Enterprises LLC
Entity
Mailing address
60 FAWN HL RD, HANOVER, PA 17331-8223
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
$450,000
Masarroni Enterprises LLC
Lelynn LLC
Deed
$360,000 · Members 1st FCU
Jan 2, 2018
$400,000
Lelynn LLC
John M Diehl
Deed
—
Sep 29, 2017
—
John M Diehl
—
Deed
related
$250,000 · M & T Bank
Dec 4, 2009
$400,000
John M Diehl
Richard E Myers
Deed
$250,000 · Manufacturers & Traders Trust Co
Oct 9, 2008
$200,000
Richard E Myers
Sipe,darrell M & Susan M
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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