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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Warehouses
138 Airport Rd Marietta, PA 17547-9105
Individually Owned
20-yr Hold
Absentee Owner
Property ID
US73-2354694
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
FRAME
Total area
17,808 SF
Lot
50.47 ac (2,198,473 SF)
Zoning code
A
APN
150-08984-0-0000
UPID
US73-2354694
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
-
Hershey Ag Agricultural Service Feed Manufacturer
-
Cowbrushes.com Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.63M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.89M
Owner & transaction history
Brent L Hershey · 20 yrs held
Brent L Hershey
since 2006
7 recorded transactions
Zoning & alternative use
A · Marietta, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+31.1%
Retail stores
$2.9M
+26.9%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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%
$2,840,000
6.5%
$2,625,000
7%
$2,435,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,260,000
Current use
AUTO REPAIR, GARAGE
$2,965,000
Change: +31% · Conversion: Easy
RETAIL STORES
$2,870,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$106 / 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
$30,708
Tax year 2024
Assessed value
$1,208,900
Assessed 2024
Previous assessed
$1,208,900
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$483,600
Assessed improvement
$725,300
Land market value
$483,600
Improvement market value
$725,300
Total market value
$1,208,900
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
2
Units
1
Rooms
8
Bathrooms
7
Total area
17,808 SF
Lot
50.47 ac (2,198,473 SF)
Zoning code
A
APN
150-08984-0-0000
UPID
US73-2354694
Jurisdiction
LANCASTER
Zoning & alternative use
A · Marietta, PA
Zoning A · permitted uses
A · Marietta, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
1977
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Units
1
Rooms
8
Bathrooms
7
Lot
50.47 ac
Current owner
From public records · entity-resolved
Brent L Hershey
Individual
Mailing address
824 MUSSER RD, MOUNT JOY, PA 17552-9100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
—
Brent L Hershey
—
Deed
related
$3,700,000 · Fulton Bank NA
Feb 7, 2020
—
Brent L Hershey
—
Deed
related
$250,000 · Fulton Bank NA
Apr 5, 2019
—
Brent L Hershey
—
Deed
related
$350,000 · Fulton Bank NA
May 10, 2017
—
Brent L Hershey
—
Deed
related
$250,000 · Fulton Bk NA
Jun 6, 2016
—
Brent L Hershey
—
Deed
related
$2,200,000 · Fulton Bk
May 8, 2008
—
Brent L Hershey
—
Deed Of Trust
related
$1,140,000 · Fulton Bank
Dec 4, 2007
—
Brent L Hershey
—
Deed Of Trust
related
$2,000,000 · Fulton Bank
Jul 5, 2006
—
Brent L Hershey
Owner,record
Grant Deed
related
—
—
—
Brent L Hershey
—
Deed Of Trust
related
$800,000 · Fulton Bk
—
—
Brent L Hershey
—
Loan Modification
related
$2,200,000 · Fulton Bk
—
—
Brent L Hershey
—
Deed Of Trust
related
$250,000 · Fulton Bk NA
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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