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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Office Spaces
241 George St York, PA 17401-1115
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0692578
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Total area
11,380 SF
Lot
0.21 ac (8,973 SF)
APN
07-124-02-0012.00-C0002
UPID
US73-0692578
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
-
Codo 241 Apartment Building Real Estate
-
TRT Peptides Sky center Medical Clinic
-
Peirson Sanders Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
231 Warehaus LLC · 3 yrs held
231 Warehaus LLC
since 2022
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+200.2%
Medical building
$1.2M
+58.7%
Auto repair, garage
$1.1M
+38.6%
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
$1,460,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,345,000
Change: +200% · Conversion: Moderate
MEDICAL BUILDING
$1,240,000
Change: +59% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,080,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$1,025,000
Change: +31% · Conversion: Moderate
WAREHOUSE, STORAGE
$980,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10% · vs last sale $1.45M (Oct 27 2022)
Last sale anchor
$1.45M
Oct 27 2022
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
$129 / 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
$37,693
Tax year 2024
Assessed value
$607,130
Assessed 2024
Previous assessed
$607,130
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$46,700
Assessed improvement
$560,430
Land market value
$46,700
Improvement market value
$560,430
Total market value
$607,130
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2009
Heating
YES
Cooling
CENTRAL
Total area
11,380 SF
Lot
0.21 ac (8,973 SF)
APN
07-124-02-0012.00-C0002
UPID
US73-0692578
Jurisdiction
YORK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$980,000
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2009
Heating
YES
Cooling
Yes
Lot
0.21 ac
Current owner
From public records · entity-resolved
231 Warehaus LLC
Entity
Mailing address
231 N GEORGE ST, YORK, PA 17401-1107
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
—
Codo 241 Holdings LLC
—
Deed
related
$3,000,000 · Finanta FCU
Jun 14, 2023
—
Codo 241 Holdings LLC
—
Deed
related
$2,000,000 · Community First Fund
Oct 27, 2022
$1,450,000
231 Warehaus LLC
Wagman 231 LP
Deed
$1,232,500 · Acnb Bank
Nov 4, 2021
$3,500,000
Codo 241 Holdings LLC
Codo 241 LP
Deed
$2,800,000 · Linkbank
Feb 13, 2009
$828,623
231 Wagman
Codo 241
Grant Deed
$673,494 · Integrity 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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