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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Manufacturing properties
516 Mecklem Ln Ellwood City, PA 16117-3028
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0785055
Property profile
Verified
Property type
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Year built
1998
Total area
28,310 SF
Lot
3.29 ac (143,312 SF)
APN
61-104-0145.000
UPID
US73-0785055
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
-
Wolverine Plastics Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.53M
Owner & transaction history
Prism Holdings LLC · 5 yrs held
Prism Holdings LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+95.7%
Auto repair, garage
$1.9M
+79.5%
Retail stores
$1.4M
+29.2%
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 Ellwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellwood City 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%
$1,600,000
6.5%
$1,475,000
7%
$1,370,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,045,000
Current use
RESTAURANT
$2,045,000
Change: +96% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,880,000
Change: +80% · Conversion: Easy
RETAIL STORES
$1,350,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$1,260,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,205,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.70M (Feb 1 2021)
Last sale anchor
$1.70M
Feb 1 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
$54 / 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
$62,001
Tax year 2024
Assessed value
$795,950
Assessed 2024
Previous assessed
$301,750
+163.8% YoY
Effective rate
7.79%
On assessed value
Assessed land
$82,950
Assessed improvement
$713,000
Land market value
$165,900
Improvement market value
$1,426,000
Total market value
$1,591,900
Applied tax rate
61.0000
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
FOUNDRY, INDUSTRIAL PLANT
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
PARTIAL
Stories
1
Rooms
14
Bathrooms
3
Total area
28,310 SF
Lot
3.29 ac (143,312 SF)
APN
61-104-0145.000
UPID
US73-0785055
Jurisdiction
BEAVER
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
$1.0M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
14
Bathrooms
3
Lot
3.29 ac
Current owner
From public records · entity-resolved
Prism Holdings LLC
Entity
Mailing address
7311 GALVESTON RD #110, HOUSTON, TX 77034-1416
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
Feb 1, 2021
$1,700,000
Prism Holdings LLC
Wolverine Acquisition Company
Deed
$2,200,000 · Texan Bank
Jun 30, 2007
—
Wolverine Acquisition Co
Owner,record
Grant Deed
related
—
Jun 29, 2007
—
Beaver Cnty Corp Of Economic Dev
Wolverine Acquisition
Grant Deed
$1,140,750 · Pennsylvania Ind'l Dev Auth
Jun 20, 2006
$1,267,500
Wolverine Acquisition Co
Wolverine Plastics INC
Grant Deed
related
$2,000,000 · First Commonwealth Bank
—
—
Wolverine Acquisition Co
—
Deed Of Trust
related
$200,000 · First Commonwealth Bank
—
—
Seda-cog Local Development Cor
—
Deed Of Trust
related
$507,000 · Pennsylvania Ind'l Dev Auth
—
—
Byzantine INC
—
Deed Of Trust
related
$176,400 · E S B Bank Fsb
—
—
Wolverine Acquisition Co
—
Deed Of Trust
related
$986,000 · Seda-cog Local Dev Corp
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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