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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Flex space
255 Church Rd York, PA 17406-9731
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1556105
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Total area
60,200 SF
Lot
11.1 ac (483,516 SF)
Zoning code
I
APN
36-000-LH-0008.Q0-00000
UPID
US73-1556105
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
-
APX York Sheet Metal Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$2.69M
Owner & transaction history
Andrew V Papoutsis Family · 16 yrs held
Andrew V Papoutsis Family
since 2009
5 recorded transactions
Zoning & alternative use
I · York, PA
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
INDUSTRIAL (GENERAL)
$2,825,000
Current use
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±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
$45 / 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
$61,728
Tax year 2024
Assessed value
$2,073,490
Assessed 2024
Previous assessed
$2,073,490
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$522,080
Assessed improvement
$1,551,410
Land market value
$522,080
Improvement market value
$1,551,410
Total market value
$2,073,490
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
NONE
Total area
60,200 SF
Lot
11.1 ac (483,516 SF)
Zoning code
I
APN
36-000-LH-0008.Q0-00000
UPID
US73-1556105
Jurisdiction
YORK
Zoning & alternative use
I · York, PAZoning I · permitted uses
I · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
current zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
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
1998
Heating
FORCED AIR
Cooling
Yes
Lot
11.1 ac
Current owner
From public records · entity-resolved
Andrew V Papoutsis Family
Individual
Mailing address
9156 MOLLY PITCHER HWY, GREENCASTLE, PA 17225-9712
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Oct 25, 2021
—
Andrew V. Papoutsis Family Partners
—
Deed
related
$1,000,000 · Farmers & Merchants Trust Co
Nov 5, 2020
—
Andrew V Papoutsis Family LP
—
Deed
related
$2,250,000 · Farmers & Merchants Trust Co
Jul 21, 2020
—
Andrew V Papoutsis Family LP
—
Deed
related
$1,150,000 · Farmers & Merchants Tr/chamber
Oct 8, 2009
$2,000,000
Andrew V Papoutsis Family
York Sheet Metal INC
Deed Of Trust
related
$1,954,972 · Manufacturers Traders & Trust
—
—
Andrew V Papoutsis Family LP
—
Deed Of Trust
related
$1,150,000 · 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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