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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Office buildings
200 Market St, York, PA 17401-1008
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0707642
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
12,700 SF
Lot
0.75 ac (32,539 SF)
Zoning code
CM
APN
04-066-01-0001.00-00000
UPID
US73-0707642
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
-
Butler Richard CPA Accounting Firm Tax Preparation
-
Community Services Group Social Service Agency Charitable Organization
-
Zakian Carpets Carpet Cleaning Service
-
Trinity United Church of Christ Church
-
Korean War Memorial War Memorial
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$728k
Blend (final)
Blend
$830k
Owner & transaction history
Sherman III LLC · 3 yrs held
Sherman III LLC
since 2023
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
CM · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+58.7%
Auto repair, garage
$1.2M
+38.6%
Retail stores
$1.1M
+31.5%
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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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
$830,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$870,000
Current use
MEDICAL BUILDING
$1,385,000
Change: +59% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,210,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$1,145,000
Change: +31% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,095,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $825k (Nov 17 2022)
Last sale anchor
$825k
Nov 17 2022
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
$65 / 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
$39,660
Tax year 2024
Assessed value
$638,810
Assessed 2024
Previous assessed
$638,810
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$277,080
Assessed improvement
$361,730
Land market value
$277,080
Improvement market value
$361,730
Total market value
$638,810
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
12,700 SF
Lot
0.75 ac (32,539 SF)
Zoning code
CM
APN
04-066-01-0001.00-00000
UPID
US73-0707642
Jurisdiction
YORK
Zoning & alternative use
CM · York, PA
Zoning CM · permitted uses
CM · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$870,000
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1982
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Sherman III LLC
Entity
Mailing address
135 N GEORGE ST, YORK, PA 17401-1132
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
—
200 West Market Street LLC
—
Deed
related
$105,000 · Linkbank
Sep 14, 2023
—
Sherman III LLC
—
Deed
related
$79,000 · Farmers And Merchants Trust Comapny Of C
Jun 9, 2023
$380,000
Sherman III LLC
Richard E Butler
Deed
$225,000 · Farmers & Merchants Trust Co
Nov 17, 2022
$825,000
200 West Market Street LLC
Codo 200 LP
Deed
$701,250 · Linkbank
Apr 1, 2008
$900,000
Codo 200
Properties Of York LLC
Grant Deed
$900,000 · Peoples Bank
Mar 22, 2007
$500,000
Owner Name Unavailable
Properties Of York LLC
Grant Deed
related
—
Mar 22, 2007
—
Properties Of York LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Codo 200 LP
—
Deed Of Trust
related
$900,000 · John D Zimmerman
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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