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Property profile & analytics
OFF-MARKET
Estimated value
$5,500,000
Manufacturing properties
258 Cherry St Manheim, PA 17545
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-1922200
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1920
Construction
STEEL FRAME
Total area
190,820 SF
Lot
12.6 ac (548,856 SF)
Zoning code
I
APN
400-82069-0-0000
UPID
US73-1922200
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
$5.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.54M
Blend (final)
Blend
$5.50M
Owner & transaction history
Manheim Industries LLC · 2 yrs held
Manheim Industries LLC
since 2024
Last sale
$5.5M
3 recorded transactions
Zoning & alternative use
I · Manheim, 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 Manheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manheim 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
$5,500,000
ML approach
$5,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.50M
Range $4.95M – $6.05M · ±10% · vs last sale $5.50M (Mar 5 2024)
Last sale anchor
$5.50M
Mar 5 2024
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
$29 / 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
$52,332
Tax year 2024
Assessed value
$2,171,900
Assessed 2024
Previous assessed
$2,171,900
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$1,008,000
Assessed improvement
$1,163,900
Land market value
$1,008,000
Improvement market value
$1,163,900
Total market value
$2,171,900
Applied tax rate
400.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
5
Stories
1
Total area
190,820 SF
Lot
12.6 ac (548,856 SF)
Zoning code
I
APN
400-82069-0-0000
UPID
US73-1922200
Jurisdiction
LANCASTER
Zoning & alternative use
I · Manheim, PA
Zoning I · permitted uses
I · Manheim, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manheim. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
5
Lot
12.6 ac
Current owner
From public records · entity-resolved
Manheim Industries LLC
Entity
Free & Clear · 2 yrs held
Mailing address
236 S CHERRY ST, MANHEIM, PA 17545-2006
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2024
$5,500,000
Manheim Industries LLC
Msc Ventures LLC
Deed
—
Jan 12, 2024
—
Msc Ventures LLC
Perron Properties LLC
Deed
$2,300,000 · Road Home LLC
Jan 8, 2024
$2,300,000
Perron Properties LLC
Flsmidth INC
Deed
—
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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