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Property profile & analytics
OFF-MARKET
Estimated value
$12,070,000
Strip malls
305 Gln Dr Manchester, PA 17345
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1397221
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Total area
62,664 SF
Lot
10.68 ac (465,221 SF)
Zoning code
RS
APN
26-000-MI-0127.00-00000
UPID
US73-1397221
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
$9.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.07M
Owner & transaction history
East Manchester Village LLC · 5 yrs held
East Manchester Village LLC
since 2021
Last sale
$14.8M
4 recorded transactions
Zoning & alternative use
RS · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$15,145,000
ML approach
$9,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.07M
Range $10.86M – $13.28M · ±10% · vs last sale $14.75M (Jan 12 2021)
Last sale anchor
$14.75M
Jan 12 2021
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
$193 / 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
$121,946
Tax year 2024
Assessed value
$3,499,170
Assessed 2024
Previous assessed
$3,499,170
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$413,390
Assessed improvement
$3,085,780
Land market value
$413,390
Improvement market value
$3,085,780
Total market value
$3,499,170
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
6
Bathrooms
1
Total area
62,664 SF
Lot
10.68 ac (465,221 SF)
Zoning code
RS
APN
26-000-MI-0127.00-00000
UPID
US73-1397221
Jurisdiction
YORK
Zoning & alternative use
RS · Manchester, PA
Zoning RS · permitted uses
RS · Manchester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
1
Lot
10.68 ac
Current owner
From public records · entity-resolved
East Manchester Village LLC
Entity
Mailing address
44 S BAYLES AVE STE #210, PORT WASHINGTON, NY 11050-3765
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2021
$14,750,000
East Manchester Village LLC
Cole Mt East Manchester Pa LLC
Special Warranty Deed
$20,000,000 · Wells Fargo Bank NA
Jan 30, 2014
$16,000,000
Cole Mt East Manchester Pa LLC
Sadg-2 INC
Grant Deed
—
Dec 31, 2012
—
Richard Dreher
Sadg-11 Associates LP
Grant Deed
—
—
—
Cole Mt East Manchester Pa LLC
—
Deed Of Trust
related
$50,000,000 · Barclays Bk/plc
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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