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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Residential income homes
240 Main St Denver, PA 17517-1623
Individually Owned
9-yr Hold
Property ID
US73-5957970
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1863
Construction
FRAME
Total area
14,657 SF
Lot
2.7 ac (117,612 SF)
Zoning code
I
APN
140-97187-0-0000
UPID
US73-5957970
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
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$505k
Owner & transaction history
Lancaster Hsng Oprtnty Ptrs · 9 yrs held
Lancaster Hsng Oprtnty Ptrs
since 2016
7 recorded transactions
Zoning & alternative use
I · Denver, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ntial District (R-1). § 200-15 Medium-Density Residential District (R-2). § 200-16 Village Residential District (R-3). § 200-17 Institutional District (INS). § 200-18 Business District (B). § 200-19 Industrial District (I). § 200-19.1 Wellhead Protection Overlay District (WP). § 200-19.2 Historic Resource Overlay District (HR). Article VI Supplementary Distr…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
127.02 ac
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$34 / 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
$13,764
Tax year 2024
Assessed value
$513,400
Assessed 2024
Previous assessed
$513,400
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$113,300
Assessed improvement
$400,100
Land market value
$113,300
Improvement market value
$400,100
Total market value
$513,400
Applied tax rate
140.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1863
Construction
FRAME
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
14,657 SF
Lot
2.7 ac (117,612 SF)
Zoning code
I
APN
140-97187-0-0000
UPID
US73-5957970
Jurisdiction
LANCASTER
Zoning & alternative use
I · Denver, PAZoning I · permitted uses
I · Denver, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ntial District (R-1). § 200-15 Medium-Density Residential District (R-2). § 200-16 Village Residential District (R-3). § 200-17 Institutional District (INS). § 200-18 Business District (B). § 200-19 Industrial District (I). § 200-19.1 Wellhead Protection Overlay District (WP). § 200-19.2 Historic Resource Overlay District (HR). Article VI Supplementary District Regulations § 200-20 Provisions applicable in all districts; most stringent p
Zone name
Industrial
General category
INDUSTRIAL
Zone area
127.02 ac
Building & site characteristics
From public records
Year built
1863
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Lancaster Hsng Oprtnty Ptrs
Individual
Mailing address
240 MAIN ST STE B, DENVER, PA 17517-1623
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2016
—
Lancaster Hsng Oprtnty Ptrs
Mountain Top Associates INC
Deed In Lieu Of Foreclosure
related
—
Mar 2, 2011
—
Mountain Top Associates INC
—
Trustees Deed
related
$18,366 · Charles T Treier
Jul 8, 2004
$385,000
Mountain Top Associates INC
Treier,charles L
Grant Deed
$285,000 · Charles L Treier
—
—
Real Life Community Services
—
Deed Of Trust
related
$750,000 · Ephrata Nat'l Bk
—
—
Real Life Community Services
—
Deed Of Trust
related
$500,000 · Lancaster Hsng Oprtnty Ptrs
—
—
Real Life Community Services
—
Deed Of Trust
related
$600,000 · Redevelopment Agcy
—
—
Mountain Top Associates INC
—
Deed Of Trust
related
$82,830 · Metropolitan Bank
—
—
Mountain Top Associates INC
—
Deed Of Trust
related
$245,000 · Metropolitan 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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