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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
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, 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
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.
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