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Property profile & analytics
OFF-MARKET
Retail space
15 Market Sq, Manheim, PA 17545-2413
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-5868232
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1902
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,576 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CBD
APN
400-08722-0-0000
UPID
US73-5868232
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blue Rock Enterprises LLC · 6 yrs held
Blue Rock Enterprises LLC
since 2020
Last sale
$340,000
7 recorded transactions
Zoning & alternative use
CBD · Manheim, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,419
Tax year 2024
Assessed value
$266,400
Assessed 2024
Previous assessed
$266,400
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$52,300
Assessed improvement
$214,100
Land market value
$52,300
Improvement market value
$214,100
Total market value
$266,400
Applied tax rate
400.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1902
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Total area
5,576 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CBD
APN
400-08722-0-0000
UPID
US73-5868232
Jurisdiction
LANCASTER
Zoning & alternative use
CBD · Manheim, PA
Zoning CBD · permitted uses
CBD · 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.
Building & site characteristics
From public records
Year built
1902
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Blue Rock Enterprises LLC
Entity
Mailing address
1055 HEARTHSTONE RD, LANCASTER, PA 17603-9452
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
$340,000
Blue Rock Enterprises LLC
Bhk Enterprises LLC
Deed
$272,000 · Fulton Bank NA
Oct 2, 2007
$365,000
Bhk Ents LLC
Mcelwee,thomas P JR & Ann M
Grant Deed
$292,000 · Fulton Bank
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$127,000 · Bank Of Lancaster County NA
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$116,714 · Bank Of Lancaster County NA
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$146,616 · Bank Of Lancaster County NA
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$175,000 · Bank Of Lancaster County NA
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$25,000 · Maria M Cook
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$30,000 · Harris Savings Bank
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$150,132 · Bank Of Lancaster County NA
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$152,973 · Bank Of Lancaster County NA
—
—
Thomas P Mcelwee
—
Deed Of Trust
related
$152,789 · Bank Of Lancaster County NA
—
—
Bhk Ents LLC
—
Deed Of Trust
related
$25,000 · Fulton 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.
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