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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Medical Office Space
2161 Market St, York, PA 17402-2848
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2203510
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1962
Total area
3,743 SF
Lot
0.38 ac (16,553 SF)
Zoning code
N-C/H
APN
46-000-02-0195.00-00000
UPID
US73-2203510
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
-
Dr. Brian E. Bowser, DMD Dental Office
-
Moyer Z Moyer-Hazen Physician
-
Yealy Eye Care Physician
-
Allison Cramer Brun Physician
-
Integrity Optical Ophthalmologist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$501k
Blend (final)
Blend
$520k
Owner & transaction history
Megan Elaine Mcjhale · 5 yrs held
Megan Elaine Mcjhale
since 2021
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
N-C/H · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$585,000
+43.1%
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
$525,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$410,000
Current use
RETAIL STORES
$585,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$355,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $550k (Jun 2 2021)
Last sale anchor
$550k
Jun 2 2021
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
$139 / 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
$10,669
Tax year 2024
Assessed value
$363,010
Assessed 2024
Previous assessed
$363,010
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$96,880
Assessed improvement
$266,130
Land market value
$96,880
Improvement market value
$266,130
Total market value
$363,010
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,743 SF
Lot
0.38 ac (16,553 SF)
Zoning code
N-C/H
APN
46-000-02-0195.00-00000
UPID
US73-2203510
Jurisdiction
YORK
Zoning & alternative use
N-C/H · York, PA
Zoning N-C/H · permitted uses
N-C/H · 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
MEDICAL BUILDING Current
Est. value
$410,000
RETAIL STORES
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$355,000
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1962
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Megan Elaine Mcjhale
Individual
Mailing address
1151 GREENBRIAR RD, YORK, PA 17404-1205
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
—
Megan Elaine Mchale
—
Deed
related
$139,700 · Peoples Bank
Jun 2, 2021
$550,000
Megan Elaine Mcjhale
Robria Holdings LLC
Deed
$440,000 · Peoples Bank
Feb 20, 2020
—
Robria Holdings LLC
—
Deed
related
$450,510 · Truist Bank
Feb 28, 2014
$425,000
Robria Holdings LLC
Bowser,carl E & Maryellen F
Grant Deed
$425,000 · Carl E & Maryellen F Bowser
—
—
Carl E Bowser
—
Deed Of Trust
related
$165,000 · Metropolitan Bank
—
—
Carl E Bowser
—
Deed Of Trust
related
$130,000 · Metropolitan 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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