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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Car washes
100 Glenview Rd Spring Grove, PA 17362-1502
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-2795410
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
1989
Total area
7,102 SF
Lot
0.74 ac (32,234 SF)
Zoning code
CM
APN
85-000-03-0001.P0-00000
UPID
US73-2795410
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
-
Spring Grove Area Historical Preservation Society Historical Society
-
FedEx Drop Box Postal Service Courier Service
-
Spring Grove Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$855k
Blend (final)
Blend
$790k
Owner & transaction history
Raymond L Hoffman · 18 yrs held
Raymond L Hoffman
since 2008
3 recorded transactions
Zoning & alternative use
CM · Spring Grove, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$845,000
+16.2%
Medical building
$780,000
+7.4%
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 Spring Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Grove 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$730,000
Current use
RESTAURANT
$845,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: -13% · Conversion: Easy
COMMERCIAL (GENERAL)
$595,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$111 / 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
$14,336
Tax year 2024
Assessed value
$387,540
Assessed 2024
Previous assessed
$387,540
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$104,610
Assessed improvement
$282,930
Land market value
$104,610
Improvement market value
$282,930
Total market value
$387,540
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
7,102 SF
Lot
0.74 ac (32,234 SF)
Zoning code
CM
APN
85-000-03-0001.P0-00000
UPID
US73-2795410
Jurisdiction
YORK
Zoning & alternative use
CM · Spring Grove, PA
Zoning CM · permitted uses
CM · Spring Grove, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$730,000
RESTAURANT
Est. value
$845,000
MEDICAL BUILDING
Est. value
$780,000
WAREHOUSE, STORAGE
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$595,000
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Raymond L Hoffman
Individual
Mailing address
370 TAPEWORM RD, NEW OXFORD, PA 17350-9002
Ownership since
2008
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 5, 2008
$575,000
Raymond L Hoffman
Deanna M Hildebrand
Deed
$400,000 · Bank Of Hanover
Oct 21, 2005
$725,000
Hildebrand,lester E & Deanna M
Owner Name Unavailable
Grant Deed
related
—
—
—
Raymond L Hoffman
—
Deed Of Trust
related
$359,000 · Acnb 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.
Try Rey
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