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Property profile & analytics
FOR SALE
Warehouses
60 Central Blvd Myerstown, PA 17067
Individually Owned
3-yr Hold
Free & Clear
Property ID
US73-2356308
For Sale
$43,785,000
60 Central Blvd, Myerstown, PA 17067
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
425,126 SF
Lot
61.57 ac (2,681,989 SF)
APN
3491-00-54-7163
UPID
US73-2356308
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
by Request
CAP Approach
CAP
$46.34M
Comparable Approach
Comparable
$50.06M
Blend (final)
Blend
$43.79M
Owner & transaction history
Bethel Township · 3 yrs held
Bethel Township
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$68.4M
+128.9%
Auto repair, garage
$45.5M
+52.2%
Office building
$41.4M
+38.6%
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 Myerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myerstown 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%
$50,200,000
6.5%
$46,340,000
7%
$43,030,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$29,875,000
Current use
MEDICAL BUILDING
$68,380,000
Change: +129% · Conversion: Difficult
AUTO REPAIR, GARAGE
$45,465,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$41,395,000
Change: +39% · Conversion: Difficult
RESTAURANT
$38,000,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$32,780,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$28,150,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$43.79M
Range $39.41M – $48.16M · ±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
$103 / 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
$253,326
Tax year 2024
Assessed value
$23,903,700
Assessed 2024
Previous assessed
$23,903,700
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$8,309,300
Assessed improvement
$15,594,400
Land market value
$8,309,300
Improvement market value
$15,594,400
Total market value
$23,903,700
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
2021
Heating
YES
Stories
2
Rooms
7
Bathrooms
1
Total area
425,126 SF
Lot
61.57 ac (2,681,989 SF)
APN
3491-00-54-7163
UPID
US73-2356308
Jurisdiction
BERKS
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
WAREHOUSE, STORAGE Current
Est. value
$29.9M
MEDICAL BUILDING
Est. value
$68.4M
AUTO REPAIR, GARAGE
Est. value
$45.5M
OFFICE BUILDING
Est. value
$41.4M
RESTAURANT
Est. value
$38.0M
COMMERCIAL (GENERAL)
Est. value
$32.8M
RETAIL STORES
Est. value
$28.2M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
2021
Heating
YES
Stories
2
Rooms
7
Bathrooms
1
Lot
61.57 ac
Current owner
From public records · entity-resolved
Bethel Township
Individual
Free & Clear · 3 yrs held
Mailing address
1800 WAZEE ST, DENVER, CO 80202-1577
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
—
Bethel Township
Duke Realty Limited Partnership
Deed
—
Apr 27, 2021
$24,600,000
Central Logistics Park LP
Vesper At Berks LP
Special Warranty Deed
—
Mar 25, 2021
$150,000
Vesper At Berks LP
Duke Realty Limited Partnership
Special Warranty Deed
—
Jan 23, 2019
$23,685,210
Duke Realty LP
Vesper At Berks LP
Grant Deed
—
Jan 22, 2019
—
Vesper At Berks LP
Vesper At Berks LP
Quit Claim Deed
related
—
Oct 26, 2017
—
Vesper At Berks LP
Deanin,alice A
Quit Claim Deed
related
—
Oct 24, 2017
$1,500,000
Vesper At Berks LP
Deanin,alice A
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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