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Property profile & analytics
OFF-MARKET
Estimated value
$3,210,000
Flex space
4601 Susquehanna Trl York, PA 17406-8496
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2838719
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1989
Total area
60,900 SF
Lot
14.95 ac (651,222 SF)
Zoning code
I
APN
23-000-MH-0092.B0-00000
UPID
US73-2838719
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
-
Adept Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$3.21M
Owner & transaction history
Walter E Gropp · 7 yrs held
Walter E Gropp
since 2018
2 recorded transactions
Zoning & alternative use
I · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
current zoning ordinance
Top alternative use upside
Warehouse, storage
$5.3M
+83.9%
Office building
$5.2M
+81.0%
Commercial (general)
$4.7M
+63.0%
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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,860,000
Current use
WAREHOUSE, STORAGE
$5,255,000
Change: +84% · Conversion: Easy
OFFICE BUILDING
$5,175,000
Change: +81% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,660,000
Change: +63% · Conversion: Difficult
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
$53 / 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
$138,735
Tax year 2024
Assessed value
$3,949,180
Assessed 2024
Previous assessed
$3,949,180
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$373,160
Assessed improvement
$3,576,020
Land market value
$373,160
Improvement market value
$3,576,020
Total market value
$3,949,180
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
1989
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
60,900 SF
Lot
14.95 ac (651,222 SF)
Zoning code
I
APN
23-000-MH-0092.B0-00000
UPID
US73-2838719
Jurisdiction
YORK
Zoning & alternative use
I · York, PAZoning I · permitted uses
I · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
current zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.9M
WAREHOUSE, STORAGE
Est. value
$5.3M
OFFICE BUILDING
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$4.7M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1989
Heating
YES
Cooling
Yes
Stories
1
Lot
14.95 ac
Current owner
From public records · entity-resolved
Walter E Gropp
Individual
Mailing address
4601 N SUSQUEHANNA TRL, YORK, PA 17406-8496
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Oct 16, 2018
—
Walter E Gropp
—
Grant Deed
related
$5,900,000 · York Traditions Bk
—
—
Walter E Gropp
—
Deed Of Trust
related
$340,000 · Sovereign 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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