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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Retail space
1124 Midland Ave, Midland, PA 15059-1619
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-0614503
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
10,168 SF
Lot
0.4 ac (17,424 SF)
APN
33-009-0103.000
UPID
US73-0614503
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$935k
Owner & transaction history
Msp Properties Of Pennsylvania LP · 8 yrs held
Msp Properties Of Pennsylvania LP
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$735,000
+29.9%
Auto repair, garage
$675,000
+19.2%
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 Midland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midland 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
RETAIL STORES
$565,000
Current use
RESTAURANT
$735,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$675,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$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
$18,239
Tax year 2024
Assessed value
$420,050
Assessed 2024
Previous assessed
$162,550
+158.4% YoY
Effective rate
4.34%
On assessed value
Assessed land
$21,750
Assessed improvement
$398,300
Land market value
$43,500
Improvement market value
$796,600
Total market value
$840,100
Applied tax rate
33.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
5
Bathrooms
2
Total area
10,168 SF
Lot
0.4 ac (17,424 SF)
APN
33-009-0103.000
UPID
US73-0614503
Jurisdiction
BEAVER
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
RETAIL STORES Current
Est. value
$565,000
RESTAURANT
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$675,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
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
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Msp Properties Of Pennsylvania LP
Entity
Mailing address
PO BOX 1567, BEAVER FALLS, PA 15010-6567
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2019
—
Msp Properties Of Pennsylvania LP
—
Deed
related
$250,000 · Ameriserv Financial Bank
Apr 19, 2018
—
Msp Properties Of Pa
—
Deed
related
$1,105,000 · Community Bank & Trust Co
Nov 27, 2017
—
Msp Properties Of Pennsylvania LP
—
Trustees Deed
related
$1,095,000 · Ameriserv Fin'l Bk
Aug 15, 2017
$142,000
Msp Properties Of Pennsylvania LP
Lee George R
Grant Deed
—
Aug 20, 2008
$340,000
George R Lee
Opw Land Corp
Grant Deed
$381,819 · Northern Hancock Bank & Trust
—
—
Msp Prop Of Pennsylvania LP
—
Deed Of Trust
related
$750,000 · Ameriserv Fin'l Bk
—
—
Msp Properties Of Pennsylvania LP
—
Deed Of Trust
related
$1,105,000 · Community Bk/red Riv Vly
—
—
George R Lee
—
Deed Of Trust
related
$40,000 · Patricia A O'brien
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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