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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Warehouses
152 Hershey Ave Leola, PA 17540-9711
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-5566330
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
FRAME
Total area
3,608 SF
Lot
83.27 ac (3,627,241 SF)
Zoning code
A
APN
210-18181-0-0000
UPID
US73-5566330
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
-
Nolt's Produce Supplies Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
$375k
Comparable Approach
Comparable
$366k
Blend (final)
Blend
$515k
Owner & transaction history
Warren H Nolt · 18 yrs held
Warren H Nolt
since 2008
6 recorded transactions
Zoning & alternative use
A · Leola, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$725,000
+58.6%
Auto repair, garage
$600,000
+31.1%
Retail stores
$580,000
+26.9%
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 Leola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leola 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
$560,000
CAP Approach
CAP Return
Estimation
6%
$405,000
6.5%
$375,000
7%
$350,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$460,000
Current use
MEDICAL BUILDING
$725,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$600,000
Change: +31% · Conversion: Easy
RETAIL STORES
$580,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$143 / 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
$29,905
Tax year 2024
Assessed value
$1,502,500
Assessed 2024
Previous assessed
$1,502,500
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$1,186,700
Assessed improvement
$315,800
Land market value
$1,186,700
Improvement market value
$315,800
Total market value
$1,502,500
Applied tax rate
210.0000
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
1980
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Rooms
8
Bathrooms
2
Total area
3,608 SF
Lot
83.27 ac (3,627,241 SF)
Zoning code
A
APN
210-18181-0-0000
UPID
US73-5566330
Jurisdiction
LANCASTER
Zoning & alternative use
A · Leola, PA
Zoning A · permitted uses
A · Leola, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leola. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$460,000
MEDICAL BUILDING
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$600,000
RETAIL STORES
Est. value
$580,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1980
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Rooms
8
Bathrooms
2
Lot
83.27 ac
Current owner
From public records · entity-resolved
Warren H Nolt
Individual
Mailing address
152 N HERSHEY AVE, LEOLA, PA 17540-9711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2008
$51,062
Warren H Nolt
Rissler,john F & Janet
Grant Deed
—
Jul 15, 2008
—
Warren H Nolt
Nolt,warren H & Florence N
Quit Claim Deed
related
—
Jun 6, 2007
—
Leola Sewer Authority
Nolt,warren H & Florence N
Grant Deed
related
—
—
—
Warren H Nolt
—
Deed Of Trust
related
$58,920 · Fulton Bank
—
—
Warren H Nolt
—
Deed Of Trust
related
$22,476 · Fulton Bank
—
—
Warren H Nolt
—
Deed Of Trust
related
$100,000 · 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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