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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Office buildings
2351 Freedom Way, York, PA 17402-9282
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0877919
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
23,008 SF
Lot
2.29 ac (99,752 SF)
Zoning code
CS
APN
54-000-IJ-0272.A0-00000
UPID
US73-0877919
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. Valentins F. Krecko, MD Physician
-
National Institute For Safety Research Association / Organization
-
Anita Torres Counselor Psychologist
-
Robert Anderson Physician
-
Camden's Plumbing Services Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.13M
Owner & transaction history
2351 Freedom Way LLC · 1 yrs held
2351 Freedom Way LLC
since 2024
Last sale
$2.1M
6 recorded transactions
Zoning & alternative use
CS · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+26.4%
Auto repair, garage
$2.2M
+10.4%
Warehouse, storage
$2.0M
+0.2%
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
$2,125,000
ML approach
$2,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,980,000
Current use
MEDICAL BUILDING
$2,505,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,190,000
Change: +10% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,985,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,760,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.13M (Aug 22 2024)
Last sale anchor
$2.13M
Aug 22 2024
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
$92 / 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
$65,146
Tax year 2024
Assessed value
$1,925,920
Assessed 2024
Previous assessed
$1,925,920
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$372,610
Assessed improvement
$1,553,310
Land market value
$372,610
Improvement market value
$1,553,310
Total market value
$1,925,920
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
2002
Heating
FORCED AIR
Cooling
CENTRAL
Total area
23,008 SF
Lot
2.29 ac (99,752 SF)
Zoning code
CS
APN
54-000-IJ-0272.A0-00000
UPID
US73-0877919
Jurisdiction
YORK
Zoning & alternative use
CS · York, PA
Zoning CS · permitted uses
CS · 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
$2.0M
MEDICAL BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2002
Heating
FORCED AIR
Cooling
Yes
Lot
2.29 ac
Current owner
From public records · entity-resolved
2351 Freedom Way LLC
Entity
Mailing address
3528 S CONCORD RD, YORK, PA 17402-8626
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2025
—
2351 Freedom Way LLC
—
Deed
related
$2,200,000 · M & T Bank
Aug 22, 2024
$2,125,000
2351 Freedom Way LLC
Freedom Way Partners LLC
Deed
—
May 8, 2024
—
Freedom Way Partners LLC
—
Deed
related
$1,450,000 · Members 1st FCU
Jan 28, 2020
—
Freedom Way Partners LLC
—
Deed
related
$425,000 · Fulton Bank
Mar 20, 2019
$1,525,000
Freedom Way Partners LLC
Hogg Farm LP
Deed
$1,220,000 · Fulton Bank NA
—
—
Hogg Farm LP
—
Deed Of Trust
related
$1,552,000 · Fulton 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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