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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
219 Ml Rd Morgantown, PA 19543-9516
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-1420771
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
FRAME
Total area
5,760 SF
Lot
9.89 ac (430,808 SF)
APN
5320-03-33-0417
UPID
US73-1420771
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
-
Masthof Press and Bookstore (Bike/Boat/Book/etc) Store Printing Service
-
Sunflower Organics Garden Center Landscaping
-
Masthof Press Marketing & Advertising Printing Service
-
Donna's hair studio Hair Salon
-
HIGGINSON BOOK COMPANY Publishing House Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$555k
Owner & transaction history
J Lemar Mast · 10 yrs held
J Lemar Mast
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$615,000
+61.5%
Office building
$560,000
+47.1%
Restaurant
$515,000
+35.0%
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 Morgantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morgantown 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$380,000
Current use
AUTO REPAIR, GARAGE
$615,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: +47% · Conversion: Easy
RESTAURANT
$515,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$405,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$375,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$96 / 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
$3,840
Tax year 2024
Assessed value
$354,700
Assessed 2024
Previous assessed
$354,700
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$66,800
Assessed improvement
$287,900
Land market value
$66,800
Improvement market value
$287,900
Total market value
$354,700
Applied tax rate
35.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
YES
Buildings
4
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
5,760 SF
Lot
9.89 ac (430,808 SF)
APN
5320-03-33-0417
UPID
US73-1420771
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
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 Current
Est. value
$380,000
AUTO REPAIR, GARAGE
Est. value
$615,000
OFFICE BUILDING
Est. value
$560,000
RESTAURANT
Est. value
$515,000
WAREHOUSE, STORAGE
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$375,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1996
Construction
FRAME
Heating
YES
Stories
1
Buildings
4
Units
1
Rooms
7
Bathrooms
2
Lot
9.89 ac
Current owner
From public records · entity-resolved
J Lemar Mast
Individual
Mailing address
219 ML RD, MORGANTOWN, PA 19543-9516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Jun 8, 2018
—
J Lemar
—
Deed
related
$90,000 · Farm Credit Svcs
Nov 23, 2015
—
J Lemar Mast
Mast,j Lemar & Lois A
Quit Claim Deed
related
—
Aug 9, 2001
$35,000
Reali,richard E & Stephanie L
Walacavage,joseph T
Grant Deed
$110,770 · Peoples Heritage Bk
—
—
J Lemar Mast
—
Deed Of Trust
related
$250,000 · Midatlantic Farm Credit Aca
—
—
J Lemar Mast
—
Deed Of Trust
related
$175,000 · Midatlantic Farm Credit Aca
—
—
J Lemar Mast
—
Deed Of Trust
related
$200,000 · Midatlantic Farm Credit Aca
—
—
J Lemar
—
Deed Of Trust
related
$90,000 · Farm Credit Svcs
—
—
J Lemar Mast
—
Deed Of Trust
related
$250,000 · Midatlantic Farm Credit Aca
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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