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Property profile & analytics
FOR LEASE
Hotels
148 Sheraton Dr New Cumberland, PA 17070
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1929084
For Lease
1 / 30
$8 SF/Yr
148 Sheraton Dr, New Cumberland, PA 17070
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1971
Total area
128,582 SF
Lot
8.37 ac (364,597 SF)
Zoning code
CH
APN
27-000-SF-0002.C0-00000
UPID
US73-1929084
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
$5.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$5.28M
Owner & transaction history
Php Pa Limited Partnership · 3 yrs held
Php Pa Limited Partnership
since 2022
Last sale
$5.4M
5 recorded transactions
Zoning & alternative use
CH · New Cumberland, 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 New Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Cumberland 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
$4,965,000
ML approach
$5,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,925,000
Current use
RETAIL STORES
$7,815,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$5.28M
Range $4.75M – $5.81M · ±10% · vs last sale $5.40M (Sep 12 2022)
Last sale anchor
$5.40M
Sep 12 2022
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
$41 / 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
$71,068
Tax year 2024
Assessed value
$2,866,500
Assessed 2024
Previous assessed
$2,866,500
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$1,151,390
Assessed improvement
$1,715,110
Land market value
$1,151,390
Improvement market value
$1,715,110
Total market value
$2,866,500
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
Hotels
Use group
HOTEL/MOTEL
Status
For Lease
Year built
1971
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
128,582 SF
Lot
8.37 ac (364,597 SF)
Zoning code
CH
APN
27-000-SF-0002.C0-00000
UPID
US73-1929084
Jurisdiction
YORK
Zoning & alternative use
CH · New Cumberland, PA
Zoning CH · permitted uses
CH · New Cumberland, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Cumberland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.9M
RETAIL STORES
Est. value
$7.8M
HOTEL/MOTEL Current
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
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
8.37 ac
Current owner
From public records · entity-resolved
Php Pa Limited Partnership
Entity
Mailing address
51 PENNWOOD PL STE #200, WARRENDALE, PA 15086-6506
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
—
Php New Cumberland Limited Partners
—
Deed
related
$12,200,000 · Rmwc Wa Capital LLC
Apr 17, 2023
—
Php New Cumberland Limited Partners
—
Deed
related
$11,000,000 · Psof Wa Holdings LLC
Oct 19, 2022
—
Php Pa Limited Partnership
—
Deed
related
$6,200,000 · John M Hess
Sep 12, 2022
$5,400,000
Php Pa Limited Partnership
Golden Arch Management INC
Special Warranty Deed
—
Jun 9, 2017
$3,232,448
Golden Arch Management INC E
1244 Associates R
Deed
$3,100,000 · Republic First 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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