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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
407 Main St Mountville, PA 17554-1733
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-0322581
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Construction
FRAME
Total area
3,240 SF
Lot
2.2 ac (95,832 SF)
Zoning code
C-1
APN
470-71157-0-0000
UPID
US73-0322581
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
-
Kimber Accounting Tax Preparation
-
Kimber Express Tax Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$438k
Blend (final)
Blend
$540k
Owner & transaction history
Mkm Real Estate · 17 yrs held
Mkm Real Estate
since 2009
2 recorded transactions
Zoning & alternative use
C-1 · Mountville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-1 Commercial Zoning District § 310 I-1 Industrial Zoning District § 311 2. Purposes of Each Zoning District. In addition to serving the overall purposes and objectives of this chapter and the Comprehensive Plan, each zoning district is intended to serve the following purposes: A. Open Space Zoning District: to preserve existing recreational and open spaces…
Zone name
Commercial
General category
COMMERCIAL
Zone area
7.26 ac
Top alternative use upside
Commercial (general)
$790,000
+51.5%
Medical building
$655,000
+25.0%
Auto repair, garage
$540,000
+3.3%
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 Mountville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountville 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
$335,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
RETAIL STORES
$520,000
Current use
COMMERCIAL (GENERAL)
$790,000
Change: +51% · Conversion: Easy
MEDICAL BUILDING
$655,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$540,000
Change: +3% · 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
$167 / 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
$10,604
Tax year 2024
Assessed value
$454,500
Assessed 2024
Previous assessed
$454,500
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$163,200
Assessed improvement
$291,300
Land market value
$163,200
Improvement market value
$291,300
Total market value
$454,500
Applied tax rate
470.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Rooms
10
Bathrooms
4
Total area
3,240 SF
Lot
2.2 ac (95,832 SF)
Zoning code
C-1
APN
470-71157-0-0000
UPID
US73-0322581
Jurisdiction
LANCASTER
Zoning & alternative use
C-1 · Mountville, PAZoning C-1 · permitted uses
C-1 · Mountville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-1 Commercial Zoning District § 310 I-1 Industrial Zoning District § 311 2. Purposes of Each Zoning District. In addition to serving the overall purposes and objectives of this chapter and the Comprehensive Plan, each zoning district is intended to serve the following purposes: A. Open Space Zoning District: to preserve existing recreational and open spaces, and institutional and public uses. This zoning district is intended to encourage those land uses and activities which maintain the Borough's small-town character and enhance the quality of life for residents, property owners and visitors. B.
Zone name
Commercial
General category
COMMERCIAL
Zone area
7.26 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$790,000
MEDICAL BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$540,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1963
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Rooms
10
Bathrooms
4
Lot
2.2 ac
Current owner
From public records · entity-resolved
Mkm Real Estate
Individual
Mailing address
2801 COLUMBIA AVE, LANCASTER, PA 17603-4118
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2009
$2,125,000
Mkm Real Estate
Martin Earl & Verna Trust
Grant Deed
$1,554,000 · Northwest Savings Bank
Dec 13, 2002
$450,000
E V Martin Properties
Reno,samuel C
Grant Deed
$450,000 · Fulton Bank
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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