Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office Spaces
184 Cocalico Crk Rd Stevens, PA 17578-9501
Entity Owned
2-yr Hold
Property ID
US73-2153155
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Construction
FRAME
Total area
3,236 SF
Lot
1.7 ac (74,052 SF)
Zoning code
C-1
APN
080-10433-0-0000
UPID
US73-2153155
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
$960k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$865k
Owner & transaction history
M & R Properties Of Ephrata LLC · 2 yrs held
M & R Properties Of Ephrata LLC
since 2023
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
C-1 · Stevens, 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 Stevens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stevens 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
$970,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$790,000
Current use
MEDICAL BUILDING
$650,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $675k (Nov 16 2023)
Last sale anchor
$675k
Nov 16 2023
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
$267 / 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
$11,416
Tax year 2024
Assessed value
$458,300
Assessed 2024
Previous assessed
$458,300
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$151,300
Assessed improvement
$307,000
Land market value
$151,300
Improvement market value
$307,000
Total market value
$458,300
Applied tax rate
80.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
2
Rooms
6
Bathrooms
2
Total area
3,236 SF
Lot
1.7 ac (74,052 SF)
Zoning code
C-1
APN
080-10433-0-0000
UPID
US73-2153155
Jurisdiction
LANCASTER
Zoning & alternative use
C-1 · Stevens, PAZoning C-1 · permitted uses
C-1 · Stevens, PA
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
COMMERCIAL (GENERAL) Current
Est. value
$790,000
MEDICAL BUILDING
Est. value
$650,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
2
Lot
1.7 ac
Current owner
From public records · entity-resolved
M & R Properties Of Ephrata LLC
Entity
Mailing address
133 SPRUCE ST, EPHRATA, PA 17522-2146
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
$675,000
M & R Properties Of Ephrata LLC
Wabash Center LLC
Deed
—
Dec 18, 2020
—
Wabash Center LLC
—
Deed
related
$286,701 · Lanco Federal Cu
Jul 24, 2017
—
Wabash Center LLC
—
Deed
related
$315,000 · Lanco Federal Cu
Jun 16, 2006
$400,000
Wabash Center LLC
Callian Corp INC
Grant Deed
$320,000 · Susquehanna Bank Pa
Oct 10, 2000
$386,000
Callian Corp INC
Plowfield,frederick B
Grant Deed
$1,078,000 · Heller First Capital
—
—
Wabash Center LLC
—
Deed Of Trust
related
$35,000 · Susquehanna Bank Pa
—
—
Wabash Center LLC
—
Deed Of Trust
related
$1,474,750 · Ephrata National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 184 Cocalico Crk Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
