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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Office buildings
304 Evans Dr Ellwood City, PA 16117-1477
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-4434452
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
5,987 SF
Lot
1.6 ac (69,696 SF)
Zoning code
R2
APN
15-084801
UPID
US73-4434452
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
-
David Patrick Physician Medical Clinic
-
Dr. Arshad Mahmood, MD Physician
-
Pittsburgh Medical Associates: Mc Laughlin Patty Employment Agency
-
Loukia Papatheodorou Physician
-
Valley Gastroenterology Associates Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.10M
Owner & transaction history
Ellwood Medical Ctr Real Est L · 8 yrs held
Ellwood Medical Ctr Real Est L
since 2017
5 recorded transactions
Zoning & alternative use
R2 · Ellwood City, 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 Ellwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellwood City 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%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$184 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$50,612
Tax year 2023
Assessed value
$1,382,500
Assessed 2024
Previous assessed
$1,382,500
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$139,200
Assessed improvement
$1,243,300
Land market value
$139,200
Improvement market value
$1,243,300
Total market value
$1,382,500
Applied tax rate
15.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Buildings
2
Stories
1
Total area
5,987 SF
Lot
1.6 ac (69,696 SF)
Zoning code
R2
APN
15-084801
UPID
US73-4434452
Jurisdiction
LAWRENCE
Zoning & alternative use
R2 · Ellwood City, PA
Zoning R2 · permitted uses
R2 · Ellwood City, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellwood City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Buildings
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Ellwood Medical Ctr Real Est L
Individual
Mailing address
124 TUSTIN AVE STE STE STE #200, PALM SPRINGS, CA 92263
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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 7, 2023
—
Guardian Development Group LLC
—
Deed
related
$350,000 · Lost Winds Capital INC
Jan 22, 2019
—
Ellwood Medical Ctr R & E LLC
—
Deed
related
$500,000 · Survivor's Bequer Trust (pt)
Dec 6, 2018
—
Ellwood Medical Ctr R & E LLC
—
Grant Deed
related
$2,000,000 · Bequer Survivor's Tust (pt)
Nov 3, 2017
$7,570,000
Ellwood Medical Ctr Real Est L
Ellwood City Hospital
Trustees Deed
related
$4,500,000 · Penn Med LLC
—
—
Ellwood Medical Ctr R & E LLC
—
Loan Modification
related
$500,000 · Survivor's Bequer Trust (pt)
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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