New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,155,000
Industrial properties
1055 Wellspring Rd, New Freedom, PA 17349-8402
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-2982995
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
2005
Total area
45,000 SF
Lot
5.08 ac (221,415 SF)
Zoning code
I
APN
32-000-CJ-0038.L0-00000
UPID
US73-2982995
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
$3.70M
CAP Approach
CAP
$4.04M
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$4.16M
Owner & transaction history
Macdal Associates LLC · 1 yrs held
Macdal Associates LLC
since 2024
Last sale
$4.5M
2 recorded transactions
Zoning & alternative use
I · New Freedom, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.4M
+119.8%
Medical building
$5.0M
+103.2%
Auto repair, garage
$4.6M
+89.2%
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 New Freedom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Freedom 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
$3,980,000
ML approach
$3,700,000
CAP Approach
CAP Return
Estimation
6%
$4,375,000
6.5%
$4,040,000
7%
$3,750,000
Alternative Use
Use
Estimation
RESTAURANT
$5,355,000
Change: +120% · Conversion: Difficult
MEDICAL BUILDING
$4,950,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,610,000
Change: +89% · Conversion: Easy
WAREHOUSE, STORAGE
$4,025,000
Change: +65% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,775,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$3,665,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$3,435,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$4.16M
Range $3.74M – $4.57M · ±10% · vs last sale $4.53M (Apr 15 2024)
Last sale anchor
$4.53M
Apr 15 2024
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
$92 / 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
$38,557
Tax year 2024
Assessed value
$1,313,230
Assessed 2024
Previous assessed
$1,313,230
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$171,320
Assessed improvement
$1,141,910
Land market value
$171,320
Improvement market value
$1,141,910
Total market value
$1,313,230
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
2005
Heating
YES
Cooling
NONE
Total area
45,000 SF
Lot
5.08 ac (221,415 SF)
Zoning code
I
APN
32-000-CJ-0038.L0-00000
UPID
US73-2982995
Jurisdiction
YORK
Zoning & alternative use
I · New Freedom, PA
Zoning I · permitted uses
I · New Freedom, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Freedom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.7M
RETAIL STORES
Est. value
$3.4M
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE 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
2005
Heating
YES
Cooling
Yes
Lot
5.08 ac
Current owner
From public records · entity-resolved
Macdal Associates LLC
Entity
Mailing address
1055 E WELLSPRING RD, NEW FREEDOM, PA 17349-8402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
$4,530,000
Macdal Associates LLC
1055 Wellspring LLC
Special Warranty Deed
$3,620,000 · M & T Bank
Aug 28, 2023
$3,500,000
1055 Wellspring LLC
Most Properties LLC
Deed
$1,340,700 · Most Properties LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1055 Wellspring Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
