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Property profile & analytics
OFF-MARKET
Estimated value
$26,280,000
Warehouses
150 Ft Motel Dr Myerstown, PA 17067-1832
Entity Owned
5-yr Hold
Free & Clear
Property ID
US73-1113087
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
280,032 SF
Lot
27.97 ac (1,218,373 SF)
APN
3491-00-55-2880
UPID
US73-1113087
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
$30.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.28M
Owner & transaction history
Central Logistics Park LP · 5 yrs held
Central Logistics Park LP
since 2021
Last sale
$24.6M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$30.0M
+52.2%
Office building
$27.3M
+38.6%
Restaurant
$25.0M
+27.2%
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 Myerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myerstown 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
$25,405,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$33,070,000
6.5%
$30,525,000
7%
$28,345,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,680,000
Current use
AUTO REPAIR, GARAGE
$29,950,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$27,265,000
Change: +39% · Conversion: Difficult
RESTAURANT
$25,030,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$21,595,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$18,540,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$26.28M
Range $23.65M – $28.91M · ±10% · vs last sale $24.60M (Apr 27 2021)
Last sale anchor
$24.60M
Apr 27 2021
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
$94 / 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
$52,326
Tax year 2024
Assessed value
$5,058,100
Assessed 2024
Previous assessed
$14,222,800
-64.4% YoY
Effective rate
1.03%
On assessed value
Assessed land
$4,039,800
Assessed improvement
$1,018,300
Land market value
$4,039,800
Improvement market value
$1,018,300
Total market value
$5,058,100
Applied tax rate
30.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Total area
280,032 SF
Lot
27.97 ac (1,218,373 SF)
APN
3491-00-55-2880
UPID
US73-1113087
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$19.7M
AUTO REPAIR, GARAGE
Est. value
$30.0M
OFFICE BUILDING
Est. value
$27.3M
RESTAURANT
Est. value
$25.0M
COMMERCIAL (GENERAL)
Est. value
$21.6M
RETAIL STORES
Est. value
$18.5M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
2022
Lot
27.97 ac
Current owner
From public records · entity-resolved
Central Logistics Park LP
Entity
Free & Clear · 5 yrs held
Mailing address
17304 PRESTON RD, DALLAS, TX 75252-5618
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Central Logistics Park LP
—
Deed
related
$96,500,000 · Tpg Re Finance 24, Ltd
Dec 1, 2021
—
Central Logistics Park LP
—
Deed
related
$76,074,000 · Bank Of America NA
Apr 27, 2021
$24,600,000
Central Logistics Park LP
Vesper At Berks LP
Special Warranty Deed
—
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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