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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Warehouses
300 Hartman Brg Rd Ronks, PA 17572-9513
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1330890
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Construction
STEEL FRAME
Total area
4,650 SF
Lot
62.37 ac (2,716,837 SF)
Zoning code
HC
APN
580-42914-0-0000
UPID
US73-1330890
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
-
Sight & Sound Theatres Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$972k
Blend (final)
Blend
$725k
Owner & transaction history
Mid Penn Bank · 2 yrs held
Mid Penn Bank
since 2024
7 recorded transactions
Zoning & alternative use
HC · Ronks, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+92.3%
Medical building
$935,000
+58.6%
Auto repair, garage
$775,000
+31.1%
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 Ronks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ronks 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
$715,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$590,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$935,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$775,000
Change: +31% · Conversion: Easy
RETAIL STORES
$750,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$156 / 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
$291,862
Tax year 2024
Assessed value
$13,620,000
Assessed 2024
Previous assessed
$13,620,000
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$1,792,600
Assessed improvement
$11,827,400
Land market value
$1,792,600
Improvement market value
$11,827,400
Total market value
$13,620,000
Applied tax rate
580.0000
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
1994
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
4,650 SF
Lot
62.37 ac (2,716,837 SF)
Zoning code
HC
APN
580-42914-0-0000
UPID
US73-1330890
Jurisdiction
LANCASTER
Zoning & alternative use
HC · Ronks, PA
Zoning HC · permitted uses
HC · Ronks, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ronks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$590,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$775,000
RETAIL STORES
Est. value
$750,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1994
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
62.37 ac
Current owner
From public records · entity-resolved
Mid Penn Bank
Entity
Mailing address
300 HARTMAN BRG RD, RONKS, PA 17572-9513
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
—
Mid Penn Bank
Millennium Partnership
Assignment Of Lease (leasehold Sale)
$10,000 · Mid Penn Bank
Sep 21, 2022
—
Mid Penn Bank
Millennium Partnership LP
Release/satis. Of Agrem. Of Sale (leasehold)
related
—
Nov 20, 2020
—
Millennum Partnership LP
—
Deed
related
$10,000,000 · Mid Penn Bank
Nov 16, 2016
—
Millennium Partnrship LP
—
Trustees Deed
related
$5,000,000 · Branch Bk&tr
Jan 10, 2014
—
Millennium Partnership LP
Glenn M Eshelman
Deed
—
Oct 31, 2011
—
Glenn M Eshelman
—
Deed Of Trust
related
$4,000,000 · Pnc Bank
Jul 5, 2006
—
Glenn M Eshelman
Eshelman,glenn M & Shirley R
Quit Claim Deed
related
—
—
—
Glenn M Eshelman
—
Deed Of Trust
related
$5,000,000 · Bank Of Lancaster County NA
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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