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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
High-rise multifamily apartments
238 George St York, PA 17401-1108
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-1391558
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1910
Total area
15,456 SF
Lot
0.12 ac (5,140 SF)
Zoning code
CM
APN
03-042-01-0014.00-00000
UPID
US73-1391558
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
-
Leadership York Charitable Organization Social Service Agency
-
Walking Olive Animal Training
-
ATM Atm
-
Jackson Hewitt Tax Service Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.26M
Owner & transaction history
242 N George Partners LLC · 10 yrs held
242 N George Partners LLC
since 2016
7 recorded transactions
Zoning & alternative use
CM · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+30.8%
Auto repair, garage
$1.3M
+28.4%
Medical building
$1.3M
+28.3%
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
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
APARTMENT HOUSE (5+ UNITS)
$1,015,000
Current use
OFFICE BUILDING
$1,325,000
Change: +31% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,300,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$1,300,000
Change: +28% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,295,000
Change: +28% · Conversion: Difficult
RESTAURANT
$895,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$860,000
Change: -15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$850,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$82 / 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
$27,898
Tax year 2024
Assessed value
$449,350
Assessed 2024
Previous assessed
$449,350
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$29,800
Assessed improvement
$419,550
Land market value
$29,800
Improvement market value
$419,550
Total market value
$449,350
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1910
Heating
STEAM
Cooling
CENTRAL
Stories
4
Total area
15,456 SF
Lot
0.12 ac (5,140 SF)
Zoning code
CM
APN
03-042-01-0014.00-00000
UPID
US73-1391558
Jurisdiction
YORK
Zoning & alternative use
CM · York, PA
Zoning CM · permitted uses
CM · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.3M
RESTAURANT
Est. value
$895,000
RETAIL STORES
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
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
1910
Heating
STEAM
Cooling
Yes
Stories
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
242 N George Partners LLC
Entity
Mailing address
2701 N FRNT ST, HARRISBURG, PA 17110-1221
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
—
242 N Gerge Partners LLC
—
Deed
related
$3,000,000 · The Kennedy Family Trrevocable Trust
Mar 10, 2025
—
242 N George Partners LLC
—
Deed
related
$3,000,000 · Finanta FCU
Jun 14, 2023
—
242 N George Partners LLC
—
Deed
related
$2,000,000 · Community First Fund
Sep 30, 2021
—
242 N George Partenrs LLC
—
Deed
related
$2,202,107 · The Gratz Bank
Sep 5, 2019
—
242 N George Partners LLC
—
Deed
related
$500,000 · Fulton Bk NA
Nov 28, 2018
—
242 N George Partners LLC
—
Deed
related
$1,000,000 · Fulton Bank NA
Dec 4, 2017
—
242 N George Partners LLC
—
Deed
related
$1,011,500 · Farmers & Merchants Tr/chamber
Feb 4, 2016
$238,000
242 N George Partners LLC
Redevelopment Authority Of City/y
Grant Deed
—
Nov 1, 2012
—
Redevelopment Authority Of City/y
City Of York
Quit Claim Deed
—
—
—
242 N George Partners LLC
—
Deed Of Trust
related
$500,000 · Fulton Bk NA
—
—
242 N George Partners LLC
—
Deed Of Trust
related
$252,000 · York Redevelopment Assocs LLC
—
—
242 N George Partners LLC
—
Deed Of Trust
related
$1,011,500 · Farmers & Merchants Tr/chamber
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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