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Property profile & analytics
OFF-MARKET Estimated value $590,000
Office Spaces

431 George St Millersville, PA 17551-9800

2,964 SF 1.01 ac lot Built 1952
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US73-0164147
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1952
Construction BRICK
Total area 2,964 SF
Lot 1.01 ac (43,996 SF)
Zoning code RP
APN 440-27658-0-0000
UPID US73-0164147
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
$400k
CAP Approach CAP
$565k
Comparable Approach Comparable
$560k
Blend (final) Blend
$590k
Owner & transaction history
431 North George Street LLC · 19 yrs held
431 North George Street LLC
since 2007
4 recorded transactions
2007
Price N/A
2007
$251,190
2006
Price N/A
1969
Price N/A
Zoning & alternative use
RP · Millersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RP Residential/Professional Office District: to provide for a mix of homes, offices and related light business uses that will reuse older buildings and be compatible with nearby homes; and to prohibit heavier commercial uses that are most likely to cause demolition and conflicts with homes. (7) NC Neighborhood Commercial District: to promote pedestrian-orien…

Zone name Residential Professional Office
General category COMMERCIAL
Zone area 39.67 ac
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