Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Warehouses
1464 Mastersonville Rd Manheim, PA 17545-9433
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1493890
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1985
Construction
STEEL FRAME
Total area
8,760 SF
Lot
8.2 ac (357,192 SF)
Zoning code
I
APN
540-18402-0-0000
UPID
US73-1493890
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.00M
Owner & transaction history
K&k Fairview Properties LLC · 1 yrs held
K&k Fairview Properties LLC
since 2024
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
I · Manheim, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+31.1%
Retail stores
$1.4M
+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 Manheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manheim 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,400,000
6.5%
$1,290,000
7%
$1,200,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,115,000
Current use
AUTO REPAIR, GARAGE
$1,460,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,410,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Sep 16 2024)
Last sale anchor
$1.00M
Sep 16 2024
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
$114 / 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
$11,916
Tax year 2024
Assessed value
$575,500
Assessed 2024
Previous assessed
$575,500
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$180,700
Assessed improvement
$394,800
Land market value
$180,700
Improvement market value
$394,800
Total market value
$575,500
Applied tax rate
540.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Total area
8,760 SF
Lot
8.2 ac (357,192 SF)
Zoning code
I
APN
540-18402-0-0000
UPID
US73-1493890
Jurisdiction
LANCASTER
Zoning & alternative use
I · Manheim, PA
Zoning I · permitted uses
I · Manheim, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manheim. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
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
1985
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
8.2 ac
Current owner
From public records · entity-resolved
K&k Fairview Properties LLC
Entity
Mailing address
794 FAIRVIEW RD, MANHEIM, PA 17545-9615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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 16, 2024
$1,000,000
K&k Fairview Properties LLC
Alisa Sauder
Deed
$763,188 · Fulton Bank NA
Sep 13, 2024
—
Jason R Sauder
Jason R Sauder
Intrafamily Transfer
related
—
—
—
Lester E Sauder
—
Deed Of Trust
related
$80,000 · Bank Of Lancaster County NA
—
—
Lester E Sauder
—
Deed Of Trust
related
$700,000 · Bank Of Lancaster County NA
—
—
Sauder Bros Concrete INC
—
Deed Of Trust
related
$250,000 · Hometowne Heritage Bank
—
—
Sauder Bros Concrete INC
—
Deed Of Trust
related
$1,000,000 · Hometowne Heritage Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1464 Mastersonville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
