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Property profile & analytics
OFF-MARKET
Auto shops
248 Mdw Vly Rd, Ephrata, PA 17522-9574
Individually Owned
10-yr Hold
Property ID
US73-2432052
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,480 SF
Lot
15.6 ac (679,536 SF)
Zoning code
A
APN
270-83205-0-0000
UPID
US73-2432052
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
-
Edwin Horning LLC Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edwin W Horning JR · 10 yrs held
Edwin W Horning JR
since 2016
7 recorded transactions
Zoning & alternative use
A · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ephrata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ephrata 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$23,509
Tax year 2024
Assessed value
$1,022,100
Assessed 2024
Previous assessed
$1,022,100
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$318,000
Assessed improvement
$704,100
Land market value
$318,000
Improvement market value
$704,100
Total market value
$1,022,100
Applied tax rate
270.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
2
Stories
1
Rooms
5
Bathrooms
6
Total area
3,480 SF
Lot
15.6 ac (679,536 SF)
Zoning code
A
APN
270-83205-0-0000
UPID
US73-2432052
Jurisdiction
LANCASTER
Zoning & alternative use
A · Ephrata, PA
Zoning A · permitted uses
A · Ephrata, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ephrata. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
2
Rooms
5
Bathrooms
6
Lot
15.6 ac
Current owner
From public records · entity-resolved
Edwin W Horning JR
Individual
Mailing address
248 MDW VLY RD, EPHRATA, PA 17522-9574
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
—
Edwin W Horning
—
Deed
related
$650,000 · Fulton Bank NA
Apr 21, 2021
—
Edwin K Horning JR
—
Deed
related
$450,000 · Fulton Bank NA
Nov 14, 2018
—
Edwin W Horning JR
—
Deed
related
$125,000 · Fulton Bank NA
May 16, 2016
—
Edwin W Horning JR
Edwin W Horning JR
Intrafamily Transfer
related
$1,060,000 · Fulton Bank NA
Mar 16, 2012
$445,000
Edwin W Horning JR.
Horning,edwin Z & Etta S
Grant Deed
related
$220,000 · Edwin Z & Etta S Horning
—
—
Edwin W Horning JR
—
Loan Modification
related
$550,000 · Fulton Bk
—
—
Edwin W Horning JR.
—
Deed Of Trust
related
$100,000 · 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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