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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Automotive properties
1335 Manheim Pike Lancaster, PA 17601-3123
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-1549923
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1983
Construction
STEEL FRAME
Total area
20,396 SF
Lot
3.6 ac (156,816 SF)
Zoning code
C3
APN
339-65024-0-0000
UPID
US73-1549923
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
-
Jones Buick GMC Service Center Auto Repair Shop Vehicle Inspection Center
-
Jones Dealerships Car Dealership
-
Jones Buick GMC Sales Car Dealership
-
Jones GM Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$2.40M
Owner & transaction history
Jones Dealerships INC · 6 yrs held
Jones Dealerships INC
since 2020
7 recorded transactions
Zoning & alternative use
C3 · Lancaster, PA
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
AUTO REPAIR, GARAGE
$3,130,000
Current use
WAREHOUSE, STORAGE
$2,765,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±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
$118 / 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
$86,895
Tax year 2024
Assessed value
$2,196,000
Assessed 2024
Previous assessed
$2,196,000
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$549,700
Assessed improvement
$1,646,300
Land market value
$549,700
Improvement market value
$1,646,300
Total market value
$2,196,000
Applied tax rate
339.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
20,396 SF
Lot
3.6 ac (156,816 SF)
Zoning code
C3
APN
339-65024-0-0000
UPID
US73-1549923
Jurisdiction
LANCASTER
Zoning & alternative use
C3 · Lancaster, PA
Zoning C3 · permitted uses
C3 · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.8M
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
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
1983
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
3.6 ac
Current owner
From public records · entity-resolved
Jones Dealerships INC
Entity
Mailing address
1335 MANHEIM PIKE, LANCASTER, PA 17601-3123
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2020
—
Jones Dealerships INC
—
Deed
related
$5,176,000 · Mark R Jones
Nov 21, 2011
—
Jones Dealerships INC
—
Deed Of Trust
related
$1,200,000 · Fulton Bank
—
—
Jones Dealerships INC
—
Deed Of Trust
$850,000 · Fulton Bank
—
—
Jones Pontiac-gmc Truck Co
—
Deed Of Trust
related
$250,000 · Fulton Bank
—
—
Jones Dealerships INC
—
Deed Of Trust
related
$500,000 · Fulton Bank
—
—
Jones Pontiac-gmc Truck Co
—
Deed Of Trust
related
$250,000 · Fulton Bank
—
—
Jones Dealerships INC
—
Deed Of Trust
related
$5,176,000 · Mark R Jones
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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