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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Warehouses
548 Trout Run Rd Ephrata, PA 17522-9604
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-2142975
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
STEEL FRAME
Total area
6,570 SF
Lot
12.4 ac (540,144 SF)
Zoning code
C-2
APN
270-33803-0-0000
UPID
US73-2142975
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
$565k
CAP Approach
CAP
$970k
Comparable Approach
Comparable
$536k
Blend (final)
Blend
$860k
Owner & transaction history
Ryan E Horst · 8 yrs held
Ryan E Horst
since 2018
7 recorded transactions
Zoning & alternative use
C-2 · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+59.5%
Medical building
$1.3M
+58.6%
Auto repair, garage
$1.1M
+31.1%
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 Ephrata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ephrata 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
$565,000
CAP Approach
CAP Return
Estimation
6%
$1,050,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$835,000
Current use
RESTAURANT
$1,330,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$1,325,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,095,000
Change: +31% · Conversion: Easy
RETAIL STORES
$780,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$131 / 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
$24,928
Tax year 2024
Assessed value
$1,083,800
Assessed 2024
Previous assessed
$1,083,800
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$226,900
Assessed improvement
$856,900
Land market value
$226,900
Improvement market value
$856,900
Total market value
$1,083,800
Applied tax rate
270.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
2
Stories
2
Rooms
9
Bathrooms
6
Total area
6,570 SF
Lot
12.4 ac (540,144 SF)
Zoning code
C-2
APN
270-33803-0-0000
UPID
US73-2142975
Jurisdiction
LANCASTER
Zoning & alternative use
C-2 · Ephrata, PA
Zoning C-2 · permitted uses
C-2 · Ephrata, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ephrata. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$835,000
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$780,000
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2000
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
2
Rooms
9
Bathrooms
6
Lot
12.4 ac
Current owner
From public records · entity-resolved
Ryan E Horst
Individual
Mailing address
548 W TROUT RUN RD, EPHRATA, PA 17522-9604
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2020
—
Ryan E Horst
—
Deed
related
$1,200,000 · Univest Bk & Tr Co
Aug 24, 2020
—
Ryan E Horst
—
Deed
related
$450,000 · Univest Bk & Tr Co
Aug 23, 2019
—
Ryan E Horst
—
Deed
related
$450,000 · Univest Bk & Tr Co
May 3, 2018
$1,450,000
Ryan E Horst
The Rodney S Martin And Sarah E Mar
Deed
$780,000 · Univest Bank & Trust Co
Mar 28, 2011
—
Martin Rodney S & S E L Trust
Martin,rodney S & Sarah E
Quit Claim Deed
related
—
Dec 28, 2001
—
Rodney S Martin
Martin,elmer Z & Ellen W
Quit Claim Deed
related
$115,000 · Ephrata National Bank
—
—
Martin R S & S E Living Trust
—
Deed Of Trust
related
$600,000 · Pnc Bank
—
—
Ryan E Horst
—
Loan Modification
related
$450,000 · Univest Bk & Tr Co
—
—
Rodney S Martin
—
Deed Of Trust
related
$300,000 · Ephrata National Bank
—
—
Rodney S Martin
—
Deed Of Trust
related
$150,000 · Ephrata National Bank
—
—
Elmer Z Martin
—
Deed Of Trust
related
$60,000 · Ephrata National Bank
—
—
Rodney S Martin
—
Deed Of Trust
related
$150,000 · Ephrata National Bank
—
—
Rodeny S Martin
—
Deed Of Trust
related
$150,000 · Ephrata National Bank
—
—
Rodney S Martin
—
Deed Of Trust
related
$150,000 · Ephrata National Bank
—
—
Ryan E Horst
—
Loan Modification
related
$450,000 · Univest Bk & Tr Co
—
—
Ryan E Horst
—
Loan Modification
related
$1,200,000 · Univest Bk & Tr Co
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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