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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Strip malls
14635 Mt Airy Rd Shrewsbury, PA 17361-1433
Entity Owned
7-yr Hold
Free & Clear
Property ID
US73-1044288
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
86,664 SF
Lot
18.13 ac (789,743 SF)
Zoning code
C
APN
84-000-CJ-0061.C0-00000
UPID
US73-1044288
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
-
Sweet Frog Cafe & Coffee Shop Take-out & Catering
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
GIANT Grocery & Convenience Store Food Market
-
higi Physician
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$4.35M
Owner & transaction history
Department Of Transportation · 7 yrs held
Department Of Transportation
since 2019
3 recorded transactions
Zoning & alternative use
C · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.8M
+126.8%
Office building
$6.8M
+124.8%
Apartment house (5+ units)
$6.2M
+105.5%
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 Shrewsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shrewsbury 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
NEIGHBORHOOD: SHOPPING CENTER
$3,005,000
Current use
MEDICAL BUILDING
$6,815,000
Change: +127% · Conversion: Difficult
OFFICE BUILDING
$6,755,000
Change: +125% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,175,000
Change: +105% · Conversion: Difficult
RETAIL STORES
$5,565,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±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
$50 / 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
$190,364
Tax year 2024
Assessed value
$6,677,110
Assessed 2024
Previous assessed
$6,571,940
+1.6% YoY
Effective rate
2.85%
On assessed value
Assessed land
$905,480
Assessed improvement
$5,771,630
Land market value
$905,480
Improvement market value
$5,771,630
Total market value
$6,677,110
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
86,664 SF
Lot
18.13 ac (789,743 SF)
Zoning code
C
APN
84-000-CJ-0061.C0-00000
UPID
US73-1044288
Jurisdiction
YORK
Zoning & alternative use
C · Shrewsbury, PA
Zoning C · permitted uses
C · Shrewsbury, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shrewsbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
RETAIL STORES
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2003
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Lot
18.13 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 7 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2019
—
Department Of Transportation
Shrewsbury S 1070 Busn Trust
Quit Claim Deed
—
Dec 8, 2014
$1,500,000
Members First FCU
Shrewsbury Center LLC
Grant Deed
—
Jan 22, 2014
$23,093,760
Shrewsbury Square 1070 Busn Trust
Shrewsbury Center LLC
Grant Deed
—
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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