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Property profile & analytics
FOR LEASE
Warehouses
111 Logistics Dr Shoemakersville, PA 19555
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-4144035
For Lease
1 / 2
Contact for pricing
111 Logistics Dr, Shoemakersville, PA 19555
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
363,064 SF
Lot
34.01 ac (1,481,476 SF)
APN
4493-02-57-4784
UPID
US73-4144035
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.82M
Blend (final)
Blend
$22.10M
Owner & transaction history
Hlp Bldg 100 LLC · 8 yrs held
Hlp Bldg 100 LLC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$35.4M
+38.6%
Restaurant
$32.5M
+27.2%
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 Shoemakersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shoemakersville 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
WAREHOUSE, STORAGE
$25,515,000
Current use
OFFICE BUILDING
$35,350,000
Change: +39% · Conversion: Difficult
RESTAURANT
$32,450,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$24,040,000
Change: -6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$23,640,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$22.10M
Range $19.89M – $24.31M · ±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
$61 / 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
$144,522
Tax year 2024
Assessed value
$15,803,400
Assessed 2024
Previous assessed
$16,636,000
-5.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$4,204,800
Assessed improvement
$11,598,600
Land market value
$4,204,800
Improvement market value
$11,598,600
Total market value
$15,803,400
Applied tax rate
70.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2018
Heating
NONE
Stories
3
Total area
363,064 SF
Lot
34.01 ac (1,481,476 SF)
APN
4493-02-57-4784
UPID
US73-4144035
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$25.5M
OFFICE BUILDING
Est. value
$35.4M
RESTAURANT
Est. value
$32.5M
RETAIL STORES
Est. value
$24.0M
COMMERCIAL (GENERAL)
Est. value
$23.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
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
2018
Heating
NONE
Stories
3
Lot
34.01 ac
Current owner
From public records · entity-resolved
Hlp Bldg 100 LLC
Entity
Mailing address
4999 LOUISE DR, MECHANICSBURG, PA 17055-6907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Oct 16, 2017
$604,000
Hlp Bldg 100 LLC
Perry Township Golf INC
Grant Deed
—
Nov 1, 2012
—
Perry Township Golf INC
Hamburg Logistics Park LP
Grant Deed
related
—
—
—
Perry Township Golf INC
—
Deed Of Trust
related
$640,000 · Metropolitan 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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