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    Property profile & analytics

    221 Ml Ave Myerstown, PA 17067-2402

    • Manufacturing properties
    • 26,972 SF
    • 3.63 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 03, 2023
    $35,000
    Location Intelligence
    Property ID
    US73-3209330
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 221 Ml Ave

    Year built
    1910
    Lot size
    3.63 lot acres
    Property size
    26,972 SF
    Property type
    Manufacturing properties
    APN
    23-2373864-382214-0000
    APU
    2323738643822140000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Myerstown
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.2953
    Latitude
    40.3735
    CBSA code
    30140
    CBSA name
    LEBANON, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,332
    $112,600
    $671,300
    $783,900
    -
    $115,605
    $689,219
    $804,824

    Comparable in this City

    • Value Estimation
      $45,000
      3,926 SF

      7698 Lancaster Ave

      MANUFACTURING (LIGHT) • 3,926 SF
      7698 Lancaster Ave, Myerstown, PA 17067-1916
      View Details
    • Value Estimation
      $505,000
      19,694 SF

      7652 Lancaster Ave

      MANUFACTURING (LIGHT) • 19,694 SF
      7652 Lancaster Ave, Myerstown, PA 17067
      View Details
    • Value Estimation
      $245,000
      8,064 SF

      927 Lincoln Ave

      MANUFACTURING (LIGHT) • 8,064 SF
      927 Lincoln Ave, Myerstown, PA 17067-2252
      View Details
    • Value Estimation
      $355,000
      7,908 SF

      115 Martin Rd

      MANUFACTURING (LIGHT) • 7,908 SF
      115 Martin Rd, Myerstown, PA 17067-2238
      View Details
    • Value Estimation
      $410,000
      9,600 SF

      837 Railroad St Rear

      MANUFACTURING (LIGHT) • 9,600 SF
      837 Railroad St Rear, Myerstown, PA 17067-1526
      View Details
    • Value Estimation
      $360,000
      21,042 SF

      837 Railroad St

      MANUFACTURING (LIGHT) • 21,042 SF
      837 Railroad St, Myerstown, PA 17067-1526
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    Similar Nearby for Lease

    • Contact for pricing
      11,194 SF

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      Retail properties
      428 Lincoln Ave, Myerstown, PA 17067
      View Details
    • Contact for pricing
      3,920,400 SF

      Bethel Business Center: Prime Retail Land

      90 Acres, I-78 Visibility, Multiple Uses
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    • Contact for pricing
      3,920,400 SF

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      90 Acres, Mixed-Use Development Potential
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    221 Ml Ave
    Myerstown, PA 17067-2402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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