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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Warehouses
2884 State Rte 22 Fredericksburg, PA 17026
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-3257388
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Total area
14,588 SF
Lot
7.57 ac (329,749 SF)
APN
19-2342112-408309-0000
UPID
US73-3257388
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
$1.43M
CAP Approach
CAP
$1.93M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.40M
Owner & transaction history
Collins Self Storage LLC · 2 yrs held
Collins Self Storage LLC
since 2023
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+111.0%
Auto repair, garage
$1.8M
+70.9%
Medical building
$1.7M
+60.5%
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 Fredericksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fredericksburg 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
$1,515,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
$2,090,000
6.5%
$1,930,000
7%
$1,790,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,055,000
Current use
RESTAURANT
$2,225,000
Change: +111% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,800,000
Change: +71% · Conversion: Easy
MEDICAL BUILDING
$1,690,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$1,355,000
Change: +28% · Conversion: Moderate
OFFICE BUILDING
$1,140,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,095,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$965,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.38M (Dec 18 2023)
Last sale anchor
$1.38M
Dec 18 2023
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
$96 / 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
$12,615
Tax year 2024
Assessed value
$634,700
Assessed 2024
Previous assessed
$634,700
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$389,300
Assessed improvement
$245,400
Land market value
$399,691
Improvement market value
$251,950
Total market value
$651,641
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Units
138
Total area
14,588 SF
Lot
7.57 ac (329,749 SF)
APN
19-2342112-408309-0000
UPID
US73-3257388
Jurisdiction
LEBANON
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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$965,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2000
Heating
NONE
Stories
1
Units
138
Lot
7.57 ac
Current owner
From public records · entity-resolved
Collins Self Storage LLC
Entity
Mailing address
2884 STATE RTE 22, FREDERICKSBURG, PA 17026
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Dec 18, 2023
$1,375,000
Collins Self Storage LLC
Preseverance Fire Co Investments In
Deed
$1,200,000 · First Citizens Community Bank
Dec 17, 2019
—
Perseverance Fire Co Invs INC
—
Deed
related
$300,000 · Northern Lebanon Fire & Emerge
Oct 16, 2019
—
Perseverance Fire Co Invs INC
—
Deed
related
$341,000 · Jonestown Bk&tr
—
—
Perseverance Fire Co Invs INC
—
Deed Of Trust
related
$341,000 · Jonestown Bk&tr
—
—
Perseverance Fire Co Invs INC
—
Deed Of Trust
related
$300,000 · Northern Lebanon Fire & Emerge
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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