Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    121 Newton Ave York, PA 17401-2005
    Back to Search
    Property profile & analytics

    121 Newton Ave, York, PA 17401-2005

    View on Map
    • Specialty properties
    • 4,144 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US73-2192812
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Old Grumpy Mark's / Food Processing Plant / Factory

    Property Details for 121 Newton Ave

    Year built
    1970
    Lot size
    0.06 lot acres
    Zone code
    CM
    Property type
    Specialty properties
    APN
    06-103-01-0070.00-00000
    APU
    61030100700000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2022 — Dyed Red Holdings LLC — Deed · related $170k · Farmers & Merchants Trust Co
    Sep 6, 2016 — Dyed Red Holdings LLC — Deed · related $221k · Louis J JR Appell
    Mar 13, 2014 $200,000 Dyed Red Holdings LLC Rosario,david A Grant Deed —
    Jul 9, 2008 $35,000 David A Rosario Tax Claim Bureau Of York Cnty Tax Deed —
    — — Dyed Red Holdings LLC — Deed Of Trust · related $209k · Susquehanna Renovations INC
    — — Dyed Red Holdings LLC — Deed Of Trust · related $221k · Louis J JR Appell

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.724
    Latitude
    39.9613
    CBSA code
    49620
    CBSA name
    YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,024
    $12,580
    $52,230
    $64,810
    -
    $12,580
    $52,230
    $64,810

    Comparable in this City

    • Value Estimation
      $515,000
      17,913 SF

      223 George St

      CHARITABLE ORGANIZATION
      223 George St, York, PA 17401-1107
      View Details
    • Value Estimation by Request
      3,276 SF

      371 Kings Ml Rd

      FUNERAL HOME
      371 Kings Ml Rd, York, PA 17401-3557
      View Details
    • Value Estimation by Request
      8,780 SF

      126 Penn St

      CHARITABLE ORGANIZATION
      126 Penn St, York, PA 17401-3830
      View Details
    • Value Estimation
      $735,000
      27,060 SF

      55 Philadelphia St

      CHARITABLE ORGANIZATION
      55 Philadelphia St, York, PA 17401-5309
      View Details
    • Value Estimation by Request
      2,900 SF

      208 George St

      CHARITABLE ORGANIZATION
      208 George St, York, PA 17401-1108
      View Details
    • Value Estimation by Request
      5,415 SF

      601 College Ave

      CHARITABLE ORGANIZATION
      601 College Ave, York, PA 17401-3870
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Zero Emissions Waste-to-Fuel System

      Patented green waste-to-fuel system for industry and community.
      Patented Sustainable Grn Waste-To-Fuel System, York, PA 17401
      View Details
    • $109,000
      1,900 SF

      York Commercial Property for Sale

      Commercial property available at the corner of E. King St.
      29 E King St, York, PA 17401
      View Details
    • Contact for pricing
      37,291 SF

      Historic Church Property in Downtown

      Iconic church with architectural details, suitable for various purposes.
      100 Lafayette St, York, PA 17401
      View Details
    • $425,000
      0.63 Acres

      Multi-Family Property with Potential

      Multi-family property in York, PA with over 6000 sq ft.
      119 N George St, York, PA 17401
      View Details
    • Contact for pricing
      27,967 SF

      Wells Fargo Bank NNN Investment

      NNN leased Wells Fargo in downtown York.
      12 E Market St, York, PA 17401
      View Details
    • Contact for pricing
      9,792 SF

      Downtown York Commercial Investment Property

      Two-unit commercial property in downtown York with strong in-place income.
      2 E Market St, York, PA 17401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Landmark Building in York

      Unique redevelopment opportunity in York's retail district.
      55 W Philadelphia St, York, PA 17401
      View Details
    • Contact for pricing

      Yorktown Mall Retail Space

      59,917 SF retail center anchored by C-Town Supermarket.
      131-139 N Duke St, York, PA 17401
      View Details
    • Contact for pricing

      Office Space in Industrial Plaza

      Office space with on-site parking and abundant natural light.
      150 Roosevelt Ave, York, PA 17401
      View Details
    • Contact for pricing
      111 SF

      Renovated Office Space Available

      Single-room office in renovated building with parking and amenities.
      515 W Market St, York, PA 17401
      View Details
    • Contact for pricing

      Restaurant/Bar Space in WeCo District

      Two-story restaurant/bar with liquor license in York City.
      220 W Philadelphia St, York, PA 17401
      View Details
    • Contact for pricing
      750 SF

      Renovated Office Space Available

      Newly renovated office space with shared conference and break rooms.
      251 Arch St, York, PA 17401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 Newton Ave
    York, PA 17401-2005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    121 Newton Ave, York, PA, 17401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!