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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Medical Office Space
180 Fairview Ct, New Freedom, PA 17349-8672
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-3874007
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
5,583 SF
Lot
1 ac (43,560 SF)
Zoning code
SR
APN
45-000-13-0008.00-00000
UPID
US73-3874007
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
$590k
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$590k
Owner & transaction history
Pedersen & Co LLC · 1 yrs held
Pedersen & Co LLC
since 2025
Last sale
$675,000
2 recorded transactions
Zoning & alternative use
SR · New Freedom, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$665,000
+8.2%
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 New Freedom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Freedom 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
$590,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$425,000
7%
$395,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$615,000
Current use
RESTAURANT
$665,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$570,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$500,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $675k (Mar 3 2025)
Last sale anchor
$675k
Mar 3 2025
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
$106 / 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
$15,691
Tax year 2024
Assessed value
$583,670
Assessed 2024
Previous assessed
$583,670
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$84,940
Assessed improvement
$498,730
Land market value
$84,940
Improvement market value
$498,730
Total market value
$583,670
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Total area
5,583 SF
Lot
1 ac (43,560 SF)
Zoning code
SR
APN
45-000-13-0008.00-00000
UPID
US73-3874007
Jurisdiction
YORK
Zoning & alternative use
SR · New Freedom, PA
Zoning SR · permitted uses
SR · New Freedom, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Freedom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$615,000
RESTAURANT
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$500,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2009
Heating
FORCED AIR
Cooling
Yes
Lot
1 ac
Current owner
From public records · entity-resolved
Pedersen & Co LLC
Entity
Mailing address
180 FAIRVIEW CT, NEW FREEDOM, PA 17349-8672
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
$675,000
Pedersen & Co LLC
Oneill Property LLC
Deed
$540,000 · Fifth Third Bank NA
Oct 2, 2008
$168,875
Oneill Property LLC
Dak Properties
Grant Deed
$1,100,000 · York Traditions 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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