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Property profile & analytics
OFF-MARKET
Estimated value
$3,210,000
Manufacturing properties
4535 Elizabethtown Rd Manheim, PA 17545-8367
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-5133838
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2013
Construction
STEEL FRAME
Total area
39,328 SF
Lot
20.58 ac (896,465 SF)
APN
540-90494-0-0000
UPID
US73-5133838
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
$3.37M
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$3.21M
Owner & transaction history
Highland Tank Holdings LLC · 2 yrs held
Highland Tank Holdings LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.0M
+30.9%
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 Manheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manheim 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%
$3,650,000
6.5%
$3,370,000
7%
$3,130,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,815,000
Current use
WAREHOUSE, STORAGE
$4,995,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$3.21M
Range $2.89M – $3.53M · ±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
$82 / 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
$96,996
Tax year 2024
Assessed value
$4,684,700
Assessed 2024
Previous assessed
$4,684,700
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$870,700
Assessed improvement
$3,814,000
Land market value
$870,700
Improvement market value
$3,814,000
Total market value
$4,684,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
RADIANT
Buildings
7
Total area
39,328 SF
Lot
20.58 ac (896,465 SF)
APN
540-90494-0-0000
UPID
US73-5133838
Jurisdiction
LANCASTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$5.0M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2013
Construction
STEEL FRAME
Heating
RADIANT
Buildings
7
Lot
20.58 ac
Current owner
From public records · entity-resolved
Highland Tank Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1 HIGHLAND RD, STOYSTOWN, PA 15563-6456
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2023
—
Highland Tank Holdings LLC
Bigbee Steel And Tank Company
Special Warranty Deed
—
Jun 12, 2020
—
Bigbee Steel & Tank Co
—
Deed
related
$18,074,000 · Pnc Bk Natl Assn
Feb 22, 2019
—
Bigbee Steel & Tank Co
—
Deed
related
—
May 3, 2017
—
Bigbee Steel And Tank Co
—
Deed
related
$4,488,000 · Pnc Bank NA
Dec 5, 2016
—
Bigbee Steel & Tank Co
Bigbee Steel & Tank Co
Quit Claim Deed
related
—
—
—
Bigbee Steel & Tank Co
—
Loan Modification
related
—
—
—
Bigbee Steel & Tank Co
—
Loan Modification
related
$18,074,000 · Pnc Bk Natl Assn
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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