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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Bed & breakfasts
318 Main St Mechanicsburg, PA 17055-3201
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-2378276
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1900
Total area
5,939 SF
Lot
0.74 ac (32,234 SF)
APN
19-23-0567-069
UPID
US73-2378276
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
by Request
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$490k
Blend (final)
Blend
$540k
Owner & transaction history
Jeffrey R Costello · 9 yrs held
Jeffrey R Costello
since 2017
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+84.3%
Apartment house (5+ units)
$645,000
+59.3%
Medical building
$640,000
+57.9%
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 Mechanicsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mechanicsburg 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%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$405,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: +84% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$645,000
Change: +59% · Conversion: Difficult
MEDICAL BUILDING
$640,000
Change: +58% · Conversion: Difficult
RESTAURANT
$575,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$540,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: +29% · Conversion: Difficult
WAREHOUSE, STORAGE
$455,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$91 / 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
$9,627
Tax year 2024
Assessed value
$423,700
Assessed 2024
Previous assessed
$423,700
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$187,500
Assessed improvement
$236,200
Land market value
$187,500
Improvement market value
$236,200
Total market value
$423,700
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1900
Heating
STEAM
Cooling
YES
Stories
3
Rooms
12
Bathrooms
3
Total area
5,939 SF
Lot
0.74 ac (32,234 SF)
APN
19-23-0567-069
UPID
US73-2378276
Jurisdiction
CUMBERLAND
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
HOTEL/MOTEL Current
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$745,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$645,000
MEDICAL BUILDING
Est. value
$640,000
RESTAURANT
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$540,000
OFFICE BUILDING
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$455,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1900
Heating
STEAM
Cooling
Yes
Stories
3
Rooms
12
Bathrooms
3
Lot
0.74 ac
Current owner
From public records · entity-resolved
Jeffrey R Costello
Individual
Mailing address
318 W MAIN ST, MECHANICSBURG, PA 17055-3201
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2017
$530,000
Jeffrey R Costello
Jackson,kevin C & Barbara S
Grant Deed
$397,500 · Caliber Hm Loans
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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