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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Commercial land
341 Cherry Aly Denver, PA 17517
Individually Owned
6-yr Hold
Free & Clear
Property ID
US73-2342588
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,378 SF
Lot
0.87 ac (37,897 SF)
Zoning code
B
APN
140-34078-0-0000
UPID
US73-2342588
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
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.03M
Owner & transaction history
Borough Denver · 6 yrs held
Borough Denver
since 2019
1 recorded transaction
Zoning & alternative use
B · Denver, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ations § 200-14 Low-Density Residential District (R-1). § 200-15 Medium-Density Residential District (R-2). § 200-16 Village Residential District (R-3). § 200-17 Institutional District (INS). § 200-18 Business District (B). § 200-19 Industrial District (I). § 200-19.1 Wellhead Protection Overlay District (WP). § 200-19.2 Historic Resource Overlay District (H…
Zone name
Business
General category
COMMERCIAL
Zone area
32.42 ac
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$99 / 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
$1,938
Tax year 2024
Assessed value
$72,300
Assessed 2024
Previous assessed
$72,300
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$72,300
Land market value
$72,300
Total market value
$72,300
Applied tax rate
140.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
10,378 SF
Lot
0.87 ac (37,897 SF)
Zoning code
B
APN
140-34078-0-0000
UPID
US73-2342588
Jurisdiction
LANCASTER
Zoning & alternative use
B · Denver, PAZoning B · permitted uses
B · Denver, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ations § 200-14 Low-Density Residential District (R-1). § 200-15 Medium-Density Residential District (R-2). § 200-16 Village Residential District (R-3). § 200-17 Institutional District (INS). § 200-18 Business District (B). § 200-19 Industrial District (I). § 200-19.1 Wellhead Protection Overlay District (WP). § 200-19.2 Historic Resource Overlay District (HR). Article VI Supplementary District Regulations § 200-20 Provisions applicable
Zone name
Business
General category
COMMERCIAL
Zone area
32.42 ac
Building & site characteristics
From public records
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
0.87 ac
Current owner
From public records · entity-resolved
Borough Denver
Individual
Free & Clear · 6 yrs held
Mailing address
501 MAIN ST, DENVER, PA 17517-1427
Ownership since
2019
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
Aug 29, 2019
—
Borough Denver
Bk NA Fulton
Grant Deed
—
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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