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Property profile & analytics
FOR LEASE
Commercial real estate
220 Riv St Plains, PA 18705-1137
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1209410
For Lease
1 / 3
$1,500/Mo
220 Riv St, Plains, PA 18705-1137
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.42 ac (18,295 SF)
APN
50-G10SW2-017-007
UPID
US73-1209410
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. Michael P. Banas, MD Physician
-
Dr. George Ritz, MD Physician
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Terry Kristine PHD Physician Medical Clinic
-
Eugene Daewhan Kim, MD Physician
-
Ellman Leon DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Cairde Properties II · 1 yrs held
Cairde Properties II
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
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 Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plains 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,859
Tax year 2023
Assessed value
$742,200
Assessed 2024
Previous assessed
$742,200
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$66,800
Assessed improvement
$675,400
Land market value
$66,800
Improvement market value
$675,400
Total market value
$742,200
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Lot
0.42 ac (18,295 SF)
APN
50-G10SW2-017-007
UPID
US73-1209410
Jurisdiction
LUZERNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
Cairde Properties II
Entity
Mailing address
17 S CREEKSIDE DR, WILKES BARRE, PA 18702-7260
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 17, 2024
$900,000
Cairde Properties II
Riverside Realty Associates LLC
Deed
$720,000 · The Honesdale National Bank
Apr 14, 2009
$764,600
Riverside Realty Associates Ll
Riverside Realty Associates
Grant Deed
related
—
—
—
Riverside Realty Assocs LLC
—
Deed Of Trust
related
$175,000 · Judith Giovanelli
—
—
Riverside Realty Associates Ll
—
Deed Of Trust
related
$475,000 · Landmark Community Bank
—
—
Riverside Realty Assocs LLC
—
Deed Of Trust
related
$350,000 · Judith Giovanelli
—
—
Riverside Realty Assocs LLC
—
Deed Of Trust
related
$175,000 · Maria Compagnino
—
—
Ptshp Bartoli
—
Deed Of Trust
related
$320,000 · Landmark Community Bank
—
—
Eugene Bartoli
—
Deed Of Trust
related
$296,180 · Landmark Community 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?”
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