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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Theaters & concert halls
1875 Jct Rd Manheim, PA 17545-8853
Entity Owned
14-yr Hold
Free & Clear
Property ID
US73-1778043
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
2008
Construction
FRAME
Total area
14,552 SF
Lot
26.2 ac (1,141,272 SF)
Zoning code
HC
APN
290-13006-0-0000
UPID
US73-1778043
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Creative Ministries INC · 14 yrs held
Creative Ministries INC
since 2011
7 recorded transactions
Zoning & alternative use
HC · Manheim, 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 Manheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manheim 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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,200,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$740,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$50 / 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
$35,923
Tax year 2024
Assessed value
$1,662,300
Assessed 2024
Previous assessed
$1,662,300
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$863,200
Assessed improvement
$799,100
Land market value
$863,200
Improvement market value
$799,100
Total market value
$1,662,300
Applied tax rate
290.0000
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
14,552 SF
Lot
26.2 ac (1,141,272 SF)
Zoning code
HC
APN
290-13006-0-0000
UPID
US73-1778043
Jurisdiction
LANCASTER
Zoning & alternative use
HC · Manheim, PAZoning HC · permitted uses
HC · Manheim, 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
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$740,000
RETAIL STORES
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
2008
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
26.2 ac
Current owner
From public records · entity-resolved
Creative Ministries INC
Entity
Free & Clear · 14 yrs held
Mailing address
1875 JCT RD, MANHEIM, PA 17545-8853
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2011
$1,334,000
Creative Ministries INC
Junction Holdings LP
Grant Deed
—
Dec 8, 2010
$19,738
Junction Holdings LP
Sheriff Of Lancaster County
Trustees Deed
related
—
Mar 18, 2008
$290,558
Truck Shop Properties LLC
Grow,joseph III
Grant Deed
$2,754,000 · National Penn Bank
Aug 20, 2004
$1,000,000
Joseph Grow III
Hummer,j R
Grant Deed
$650,000 · Malvern Fsb
May 3, 2001
—
K R Hummer
—
Deed Of Trust
related
$4,450,000 · Sovereign Bank
—
—
J B Hummer
—
Deed Of Trust
related
$1,987,000 · Sovereign Bank
—
—
Junction Holdings LP
—
Deed Of Trust
related
$1,250,000 · Metropolitan Bank
—
—
Joseph Grow III
—
Deed Of Trust
related
$141,000 · Willow Financial 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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