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Property profile & analytics
OFF-MARKET Estimated value $5,500,000
Warehouses

236 Cherry St Manheim, PA 17545-2006

104,553 SF 6.2 ac lot Built 1968
Entity Owned 2-yr Hold Free & Clear
Property ID
US73-1076341
Property summary
AI-generated overview

This exceptional Manheim, PA industrial property offers over 100,000 square feet of covered space, ideal for warehousing, storage, or manufacturing. Situated on a 6.2-acre lot, the building boasts multiple access points, including various drive-through roll-up doors (ranging up to 21' high and 15' wide) and an interior loading dock. Interior ceiling heights vary, from a minimum of 29 feet at the ceiling trusses to approximately 42 feet. The flooring is primarily asphalt, with concrete sections in the northern area. Translucent siding provides some natural light. A significant advantage is the on-site transformer station, ensuring ample power availability. The property's former use as a foundry is evident in its robust construction, featuring large structural I-beams and traversing wire rope winches. The landlord is open to leasing additional exterior lot space alongside the interior space. This property is zoned for industrial uses, making it a versatile option for a variety of businesses. The building's features, including its high ceilings, multiple access points, and substantial power supply, make it a highly attractive option for businesses seeking a large-scale industrial space in Manheim.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Construction STEEL FRAME
Total area 104,553 SF
Lot 6.2 ac (270,072 SF)
Zoning code I
APN 400-61766-0-0000
UPID US73-1076341
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.53M
Blend (final) Blend
$5.50M
Owner & transaction history
Manheim Industries LLC · 2 yrs held
Manheim Industries LLC
since 2024
Last sale
$5.5M
3 recorded transactions
2024
$5.5M
2024
Price N/A
2024
$2.3M
Zoning & alternative use
I · Manheim, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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