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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Manufacturing properties
1215 Rdg Ave Ephrata, PA 17522-9782
Entity Owned
4-yr Hold
Property ID
US73-0312985
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1954
Construction
FRAME
Total area
15,991 SF
Lot
5.6 ac (243,936 SF)
Zoning code
R-1
APN
080-14542-0-0000
UPID
US73-0312985
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
-
CounterTek Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.59M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.36M
Owner & transaction history
Abacus Real Property LLC · 4 yrs held
Abacus Real Property LLC
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
R-1 · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.0M
+30.9%
Retail stores
$1.9M
+22.1%
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 Ephrata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ephrata 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
$1,455,000
ML approach
$1,585,000
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,370,000
7%
$1,270,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,550,000
Current use
WAREHOUSE, STORAGE
$2,030,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,895,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $1.20M (Dec 22 2021)
Last sale anchor
$1.20M
Dec 22 2021
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
$85 / 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
$23,748
Tax year 2024
Assessed value
$953,400
Assessed 2024
Previous assessed
$953,400
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$217,600
Assessed improvement
$735,800
Land market value
$217,600
Improvement market value
$735,800
Total market value
$953,400
Applied tax rate
80.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
FORCED AIR
Buildings
4
Stories
2
Rooms
10
Bathrooms
2
Total area
15,991 SF
Lot
5.6 ac (243,936 SF)
Zoning code
R-1
APN
080-14542-0-0000
UPID
US73-0312985
Jurisdiction
LANCASTER
Zoning & alternative use
R-1 · Ephrata, PA
Zoning R-1 · permitted uses
R-1 · Ephrata, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ephrata. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1954
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
4
Rooms
10
Bathrooms
2
Lot
5.6 ac
Current owner
From public records · entity-resolved
Abacus Real Property LLC
Entity
Mailing address
1112 FAIRVIEW AVE, READING, PA 19610-2043
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Seyed A Manafi
—
Deed
related
$259,200 · Umortgage LLC
Dec 22, 2021
$1,200,000
Abacus Real Property LLC
Kar Property Management LLC
Deed
$960,000 · Orrstown Bank
Jun 28, 2016
—
Kar Property Management LLC
—
Deed
related
$820,000 · Branch Bk&tr
Feb 4, 2010
$1,050,000
Kar Property Management LLC
Martin,laverne M
Grant Deed
$1,040,000 · Laverne M Martin
Mar 3, 2000
—
Laverne M Martin
Martin,ray L & Mary J
Quit Claim Deed
related
$475,000 · Bank Of Lancaster County NA
—
—
Kar Property Management LLC
—
Deed Of Trust
related
$820,000 · Branch Bk&tr
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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