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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail space
431 Main St Shrewsbury, PA 17361-1705
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2176957
Property summary
AI-generated overview
This exceptional commercial storage opportunity is located in the heart of Shrewsbury, Pennsylvania, at 431 S Main St, 17361. Each unit offers ample space, measuring 17 feet by 23 feet, totaling 390 square feet. The units are situated under a commercial barn, providing a secure and weather-protected environment for your storage needs. The concrete floor ensures durability and easy cleaning, while off-street parking provides convenient access. Electricity is available within each unit, adding further convenience. Multiple units are available, catering to a range of storage requirements. This prime location in downtown Shrewsbury offers easy access to major roadways and local amenities, making it an ideal solution for businesses or individuals seeking secure and accessible storage. The property is a single-tenancy space, perfect for those seeking a dedicated and private storage solution. This is a special purpose property specifically designed for storage needs. Contact us to schedule a viewing and secure your storage space today.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
12,366 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CM
APN
84-000-03-0048.A0-00000
UPID
US73-2176957
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
-
Country Home Decor Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$635k
Owner & transaction history
Pbx Realty LLC · 5 yrs held
Pbx Realty LLC
since 2021
Last sale
$639,000
2 recorded transactions
Zoning & alternative use
CM · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+9.9%
Office building
$1.0M
+6.7%
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 Shrewsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shrewsbury 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
$655,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$945,000
Current use
COMMERCIAL (GENERAL)
$1,035,000
Change: +10% · Conversion: Easy
OFFICE BUILDING
$1,010,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $639k (Jun 7 2021)
Last sale anchor
$639k
Jun 7 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
$51 / 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
$13,089
Tax year 2024
Assessed value
$459,100
Assessed 2024
Previous assessed
$459,100
+0.0% YoY
Effective rate
2.85%
On assessed value
Assessed land
$89,670
Assessed improvement
$369,430
Land market value
$89,670
Improvement market value
$369,430
Total market value
$459,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Heating
HOT WATER
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
12,366 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CM
APN
84-000-03-0048.A0-00000
UPID
US73-2176957
Jurisdiction
YORK
Zoning & alternative use
CM · Shrewsbury, PA
Zoning CM · permitted uses
CM · Shrewsbury, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shrewsbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1930
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
4
Lot
0.72 ac
Current owner
From public records · entity-resolved
Pbx Realty LLC
Entity
Mailing address
52 12TH FREDERICK ST, HANOVER, PA 17331-3501
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2021
$639,000
Pbx Realty LLC
Charles J Fader
Deed
—
—
—
Charles J Fader
—
Deed Of Trust
related
$60,000 · Susquehanna 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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