Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Medical Office Space
15 Constitution Ave Shrewsbury, PA 17361-1709
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-0613360
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
9,240 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C
APN
84-000-03-0012.K0-00000
UPID
US73-0613360
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
-
John D O'Brien, MD Pediatrician Medical Clinic
-
Mowrey David C MD Physician
-
Pediatric Care of York: Ventura Melencio C MD Pediatrician Medical Clinic
-
Hafiz M Muslim, MD Pediatrician Medical Clinic
-
Jacqueline C LeGrand, DO Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$695k
Owner & transaction history
Wellspan Properties INC · 9 yrs held
Wellspan Properties INC
since 2017
5 recorded transactions
Zoning & alternative use
C · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide reasonable standards for the development of commercial uses which serve the needs of the local residents
Zone name
Commercial
General category
COMMERCIAL
Zone area
106.25 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.1M
+8.2%
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%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,015,000
Current use
RESTAURANT
$1,100,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$945,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$825,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$75 / 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
$20,943
Tax year 2024
Assessed value
$734,590
Assessed 2024
Previous assessed
$734,590
+0.0% YoY
Effective rate
2.85%
On assessed value
Assessed land
$104,050
Assessed improvement
$630,540
Land market value
$104,050
Improvement market value
$630,540
Total market value
$734,590
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Total area
9,240 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C
APN
84-000-03-0012.K0-00000
UPID
US73-0613360
Jurisdiction
YORK
Zoning & alternative use
C · Shrewsbury, PAZoning C · permitted uses
C · Shrewsbury, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide reasonable standards for the development of commercial uses which serve the needs of the local residents
Zone name
Commercial
General category
COMMERCIAL
Zone area
106.25 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$825,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2007
Heating
FORCED AIR
Cooling
Yes
Lot
1.45 ac
Current owner
From public records · entity-resolved
Wellspan Properties INC
Entity
Mailing address
PO BOX 2767, YORK, PA 17405-2767
Ownership since
2017
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
Apr 19, 2017
$2,120,000
Wellspan Properties INC
A & Z Land LLC
Warranty Deed
—
Apr 7, 2017
—
A & Z Land LLC
A & Z Land Ptshp LP
Quit Claim Deed
related
—
Nov 8, 2012
—
A LP
A & Z Land Ptshp LP
Quit Claim Deed
related
$839,000 · Pnc Bank
Nov 30, 2006
—
A & Z Land Ptshp
Owner Name Unavailable
Grant Deed
related
—
Jun 20, 2006
$185,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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 15 Constitution Ave?
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.
