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Property profile & analytics
OFF-MARKET
Estimated value
$14,685,000
Industrial properties
1086 Wayne Ave Chambersburg, PA 17201-2917
Entity Owned
6-yr Hold
Free & Clear
Property ID
US73-3123240
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
10.93 ac (476,111 SF)
APN
06-1F-3
UPID
US73-3123240
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
-
Chambersburg Project Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.69M
Owner & transaction history
Iip-pa 6 LLC · 6 yrs held
Iip-pa 6 LLC
since 2020
Last sale
$14.2M
7 recorded transactions
Zoning & alternative use
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 Chambersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chambersburg 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
$15,620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.69M
Range $13.22M – $16.15M · ±10% · vs last sale $14.22M (Jan 14 2020)
Last sale anchor
$14.22M
Jan 14 2020
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
—
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
$209,400
Tax year 2024
Assessed value
$1,100,370
Assessed 2024
Previous assessed
$462,880
+137.7% YoY
Effective rate
19.03%
On assessed value
Assessed land
$32,780
Assessed improvement
$1,067,590
Land market value
$32,780
Improvement market value
$1,067,590
Total market value
$1,100,370
Applied tax rate
6.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
10.93 ac (476,111 SF)
APN
06-1F-3
UPID
US73-3123240
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
10.93 ac
Current owner
From public records · entity-resolved
Iip-pa 6 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
11440 W BERNARDO CT STE #100, SAN DIEGO, CA 92127-1642
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
$14,220,000
Iip-pa 6 LLC
Gr Properties Chambersburg LLC
Grant Deed
—
Oct 2, 2018
—
Gr Properties Chambersburg LLC
—
Deed
related
$4,000,000 · Rb Loan Portfolio I LLP
Nov 2, 2017
$370,000
Gr Properties Chambersburg LLC
Franklin County Area Dev Corp
Grant Deed
$2,000,000 · Lhj Capital Partners II LLC
May 30, 2013
$3,700,000
Franklin County Area Development Co
Bw Propertes LLC
Deed
$1,850,000 · The First National Bank Of Mercersb
Jun 30, 2011
—
Franklin County Area Development Co
Franklin County Holdings LLC
Deed
$1,000,000 · Farmers & Merchants Trust Company O
Jun 30, 2011
$2,500,000
Bw Properties LLC
Franklin County Area Development Co
Deed
$1,800,000 · Farmers & Merchants Trust Company O
Dec 28, 2007
$3,875,000
Franklin County Holdings LLC
Wcn Properties LP
Deed
$2,062,500 · Commerce Bank
—
—
Gr Properties Chambersburg LLC
—
Deed Of Trust
related
$4,000,000 · Rb Loan Portfolio I LLP
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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