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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Residential income homes
6 Parkview Ter Ephrata, PA 17522-8201
Entity Owned
18-yr Hold
Property ID
US73-4147124
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2010
Construction
FRAME
Total area
6,432 SF
Lot
1.2 ac (52,272 SF)
Zoning code
RHD
APN
270-55830-0-0000
UPID
US73-4147124
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
$575k
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$835k
Owner & transaction history
Parkview Heights Partners LLC · 18 yrs held
Parkview Heights Partners LLC
since 2008
5 recorded transactions
Zoning & alternative use
RHD · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RHD High Density Residential District: to provide for a neighborhood with a mix of housing types, in a manner that respects and continues traditional forms of development. D. CBD Central Business District: to provide for an orderly coordinated development of varied commercial business, arts, cultural, institutional and residential development in the downtown…
Zone name
Residential High Density
General category
RESIDENTIAL
Zone area
337.79 ac
Top alternative use upside
Medical building
$840,000
+55.7%
Restaurant
$690,000
+28.1%
Commercial (general)
$660,000
+22.7%
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
$575,000
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$540,000
Current use
MEDICAL BUILDING
$840,000
Change: +56% · Conversion: Moderate
RESTAURANT
$690,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +23% · Conversion: Moderate
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$130 / 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
$34,612
Tax year 2024
Assessed value
$1,504,800
Assessed 2024
Previous assessed
$1,504,800
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$75,800
Assessed improvement
$1,429,000
Land market value
$75,800
Improvement market value
$1,429,000
Total market value
$1,504,800
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Units
4
Total area
6,432 SF
Lot
1.2 ac (52,272 SF)
Zoning code
RHD
APN
270-55830-0-0000
UPID
US73-4147124
Jurisdiction
LANCASTER
Zoning & alternative use
RHD · Ephrata, PAZoning RHD · permitted uses
RHD · Ephrata, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RHD High Density Residential District: to provide for a neighborhood with a mix of housing types, in a manner that respects and continues traditional forms of development. D. CBD Central Business District: to provide for an orderly coordinated development of varied commercial business, arts, cultural, institutional and residential development in the downtown. To promote pedestrian-friendly uses, as opposed to uses that are auto dependent. E. NCD Neighborhood Commercial District: to provide for a mix of housing types and selected types of less-intensive types of commercial uses in areas that include or are adjacent to many existing homes. The intent is to avoid uses that are most likely to generate nuisances or hazards for nearby residents, such as twenty-four-hour commercial businesses. F.
Zone name
Residential High Density
General category
RESIDENTIAL
Zone area
337.79 ac
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$540,000
MEDICAL BUILDING
Est. value
$840,000
RESTAURANT
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$660,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
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
2010
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Units
4
Lot
1.2 ac
Current owner
From public records · entity-resolved
Parkview Heights Partners LLC
Entity
Mailing address
145 E KING ST STE #200, LANCASTER, PA 17602-2811
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2009
—
Parkview Heights Partners LLC
—
Deed Of Trust
related
$1,467,000 · Fulton Bank
Aug 8, 2008
$225,000
Parkview Heights Partners LLC
Bomberger,richard K & Joyce L
Grant Deed
—
Feb 25, 2008
$155,000
Richard K Bomberger
Claar,kenneth D & Denise
Grant Deed
—
Aug 13, 2007
$155,000
Kenneth D Claar
Lausch,patricia A
Warranty Deed
—
—
—
Parkview Heights Partners LLC
—
Deed Of Trust
related
$36,000 · Fulton 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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