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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Warehouses
5551 Meadeville Rd Gap, PA 17527-9761
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1573898
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
STEEL FRAME
Total area
5,841 SF
Lot
23.8 ac (1,036,728 SF)
Zoning code
OS
APN
560-17509-0-0000
UPID
US73-1573898
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
$1.30M
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$975k
Owner & transaction history
Levi B Fisher · 3 yrs held
Levi B Fisher
since 2022
Last sale
$985,000
7 recorded transactions
Zoning & alternative use
OS · Gap, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+92.3%
Restaurant
$1.2M
+59.5%
Medical building
$1.2M
+58.6%
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 Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gap 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
$1,180,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$740,000
Current use
COMMERCIAL (GENERAL)
$1,425,000
Change: +92% · Conversion: Difficult
RESTAURANT
$1,185,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$1,175,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$975,000
Change: +31% · Conversion: Easy
RETAIL STORES
$940,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $985k (Sep 14 2022)
Last sale anchor
$985k
Sep 14 2022
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
$167 / 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
$20,680
Tax year 2024
Assessed value
$1,076,600
Assessed 2024
Previous assessed
$1,076,600
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$534,700
Assessed improvement
$541,900
Land market value
$534,700
Improvement market value
$541,900
Total market value
$1,076,600
Applied tax rate
560.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
RADIANT
Cooling
NONE
Buildings
10
Stories
1
Rooms
10
Bathrooms
16
Total area
5,841 SF
Lot
23.8 ac (1,036,728 SF)
Zoning code
OS
APN
560-17509-0-0000
UPID
US73-1573898
Jurisdiction
LANCASTER
Zoning & alternative use
OS · Gap, PAZoning OS · permitted uses
OS · Gap, PA
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
WAREHOUSE, STORAGE Current
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$975,000
RETAIL STORES
Est. value
$940,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
1971
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
10
Rooms
10
Bathrooms
16
Lot
23.8 ac
Current owner
From public records · entity-resolved
Levi B Fisher
Individual
Mailing address
5551 MEADEVILLE RD, GAP, PA 17527-9761
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
Levi B Fisher
—
Deed
related
$250,000 · Mid Penn Bank
Sep 14, 2022
—
Levi B Fisher
Sadie M Fisher
Intrafamily Transfer
related
—
Aug 10, 2022
—
Levi B Fisher
—
Deed
related
$250,000 · Mid Penn Bank
May 23, 2018
—
Levi B Fisher
—
Deed
related
$175,000 · Branch Bk&tr
May 3, 2013
—
Levi B Fisher
Fisher,stephen S & Sadie M
Quit Claim Deed
related
—
Jul 17, 2008
—
Stephen S Fisher
Fisher,john S
Quit Claim Deed
related
—
Apr 3, 2008
—
John S Fisher
Fisher,john S
Quit Claim Deed
related
—
Nov 15, 2007
$985,000
John S Fisher
Conference Of Capitol Royal Dynas
Grant Deed
$960,000 · Hometowne Heritage Bank
May 30, 2006
—
Conference Of Capitol Royal Dynas
Capitol Worship Centre
Quit Claim Deed
$633,000 · Ephrata National Bank
Aug 21, 2001
$310,000
Capitol Worship Centre
Stoltzfus,raymond F & Ruth Ann
Grant Deed
$433,000 · Blue Ball National Bank
—
—
Levi B Fisher
—
Deed Of Trust
related
$20,000 · National Penn Bank
—
—
Stephen S Fisher
—
Deed Of Trust
related
$165,000 · Hometowne Heritage Bank
—
—
Praise Dome Tabernacle
—
Deed Of Trust
related
$150,000 · Blue Ball National Bank
—
—
Levi B Fisher
—
Deed Of Trust
related
$175,000 · Branch Bk&tr
—
—
Capitol Worship Centre
—
Deed Of Trust
related
$60,000 · Blue Ball National Bank
—
—
Stephen S Fisher
—
Deed Of Trust
related
$140,000 · National Penn Bank
—
—
Stephen S Fisher
—
Deed Of Trust
related
$25,000 · Hometowne Heritage Bank
—
—
Stephen S Fisher
—
Deed Of Trust
related
$230,000 · Hometowne Heritage 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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