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Property profile & analytics
OFF-MARKET
Flex space
440 Black Rock Rd Hanover, PA 17331-9355
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2830797
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1960
Total area
3,000 SF
Lot
0.32 ac (13,983 SF)
Zoning code
RS
APN
44-000-16-0005.00-00000
UPID
US73-2830797
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
-
Bealing Roofing and Exteriors, Inc. Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Grand Rock LLC · 4 yrs held
Grand Rock LLC
since 2021
Last sale
$370,000
7 recorded transactions
Zoning & alternative use
RS · Hanover, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,593
Tax year 2024
Assessed value
$106,630
Assessed 2024
Previous assessed
$106,630
+0.0% YoY
Effective rate
3.37%
On assessed value
Assessed land
$54,600
Assessed improvement
$52,030
Land market value
$54,600
Improvement market value
$52,030
Total market value
$106,630
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
3,000 SF
Lot
0.32 ac (13,983 SF)
Zoning code
RS
APN
44-000-16-0005.00-00000
UPID
US73-2830797
Jurisdiction
YORK
Zoning & alternative use
RS · Hanover, PA
Zoning RS · permitted uses
RS · Hanover, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Grand Rock LLC
Entity
Mailing address
4234 SMOKETOWN RD, GLENVILLE, PA 17329-9510
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
$370,000
Grand Rock LLC
Bhm Enterprises LLC
Deed
$250,000 · Peoples Bank
Mar 14, 2019
$325,000
Bmh Ents LLC
Cash Now LLC
Grant Deed
$260,000 · Peoplesbank/cordorus Vly
Dec 28, 2012
$65,000
Cash Now LLC
Lititz Properties LLC
Grant Deed
—
Jul 31, 2012
$2,860
Lititz Properties LLC
Sheriff Of York County
Trustees Deed
related
—
Sep 2, 2005
—
440 Blackrock Road LLC
Owner Name Unavailable
Grant Deed
related
—
Jan 24, 2005
$150,000
440 Black Rock LLC
Virtz,paul R SR & Susan J
Grant Deed
—
—
—
Cash Now LLC
—
Deed Of Trust
related
$180,000 · Northwest Savings Bank
—
—
Otis K Comstock SR.
—
Deed Of Trust
related
$200,000 · Douglas W Johnson
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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