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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
1501 Ml Rd, Elizabethtown, PA 17022-8652
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US73-3436073
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1980
Total area
144 SF
Lot
40.44 ac (1,761,566 SF)
Zoning code
R-3
APN
460-05534-0-0000
UPID
US73-3436073
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
Bailey Family LP · 14 yrs held
Bailey Family LP
since 2011
7 recorded transactions
Zoning & alternative use
R-3 · Elizabethtown, 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 Elizabethtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethtown 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
$83,461
Tax year 2024
Assessed value
$3,296,500
Assessed 2024
Previous assessed
$3,296,500
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$2,245,600
Assessed improvement
$1,050,900
Land market value
$2,245,600
Improvement market value
$1,050,900
Total market value
$3,296,500
Applied tax rate
460.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1980
Heating
NONE
Total area
144 SF
Lot
40.44 ac (1,761,566 SF)
Zoning code
R-3
APN
460-05534-0-0000
UPID
US73-3436073
Jurisdiction
LANCASTER
Zoning & alternative use
R-3 · Elizabethtown, PA
Zoning R-3 · permitted uses
R-3 · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elizabethtown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
40.44 ac
Current owner
From public records · entity-resolved
Bailey Family LP
Entity
Mailing address
1501 ML RD, ELIZABETHTOWN, PA 17022-8652
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2011
—
Bailey Family LP
Bailey Family LP
Quit Claim Deed
—
Jan 2, 2002
—
Bailey Family LP
Bailey,charles G & Edna J
Quit Claim Deed
related
—
—
—
Bailey Family
—
Deed Of Trust
related
$50,000 · Susquehanna Bank
—
—
Bailey Family LP
—
Deed Of Trust
related
$360,000 · Susquehanna Bank
—
—
Bailey Family LP
—
Deed Of Trust
related
$50,000 · Union Cmnty Bk
—
—
Bailey Family
—
Deed Of Trust
related
$25,000 · Susquehanna Bank Pa
—
—
Bailey Family LP
—
Deed Of Trust
related
$280,000 · Union Cmnty Bk
—
—
Bailey Family
—
Deed Of Trust
related
$35,000 · Susquehanna Bank Pa
—
—
Bailey Family
—
Deed Of Trust
related
$1,000,000 · Susquehanna Bank Pa
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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