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Property profile & analytics
OFF-MARKET Estimated value $550,000
Office Spaces

18 Crk Dr Millersville, PA 17551

2,860 SF 3.2 ac lot Built 1967
Entity Owned Free & Clear
Property ID
US73-2354802
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1967
Construction BRICK
Total area 2,860 SF
Lot 3.2 ac (139,392 SF)
Zoning code R1A
APN 440-85779-0-0000
UPID US73-2354802
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
$390k
CAP Approach CAP
$545k
Comparable Approach Comparable
$756k
Blend (final) Blend
$550k
Owner & transaction history
COMMONWEALTH PENNA
COMMONWEALTH PENNA
Zoning & alternative use
R1A · Millersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R1A Residential/University District: to provide for residential uses, in addition to a range of higher education uses; and to serve as the primary location in the Borough for housing of university students. (4) R2 Medium-Density Residential District: to provide for medium-density residential neighborhoods; to protect these areas from incompatible uses; to en…

Zone name Residential University
General category CIVIC_INSTITUTIONAL
Zone area 209.64 ac
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