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Property profile & analytics
OFF-MARKET
Estimated value
$36,365,000
Industrial properties
601 Memory Ln, York, PA 17402-2231
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-2983748
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1953
Total area
779,291 SF
Lot
95.61 ac (4,164,772 SF)
Zoning code
I
APN
46-000-JI-0020.00-00000
UPID
US73-2983748
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
-
One Stop Mailing Llc Postal Service Courier Service
-
Equity Industrial A York LP Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$49.77M
Blend (final)
Blend
$36.37M
Owner & transaction history
Owner Name Unavailable · 18 yrs held
Owner Name Unavailable
since 2008
6 recorded transactions
Zoning & alternative use
I · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$59.6M
+63.0%
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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$36,570,000
Current use
COMMERCIAL (GENERAL)
$59,625,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$36.37M
Range $32.73M – $40.00M · ±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
$47 / 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
$988,777
Tax year 2024
Assessed value
$33,643,313
Assessed 2024
Previous assessed
$33,643,313
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$4,273,010
Assessed improvement
$29,370,303
Land market value
$4,273,010
Improvement market value
$29,370,303
Total market value
$33,643,313
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1953
Heating
YES
Cooling
NONE
Buildings
8
Total area
779,291 SF
Lot
95.61 ac (4,164,772 SF)
Zoning code
I
APN
46-000-JI-0020.00-00000
UPID
US73-2983748
Jurisdiction
YORK
Zoning & alternative use
I · York, PA
Zoning I · permitted uses
I · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$36.6M
COMMERCIAL (GENERAL)
Est. value
$59.6M
INDUSTRIAL (GENERAL) Current
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
1953
Heating
YES
Cooling
Yes
Buildings
8
Lot
95.61 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 18 yrs held
Mailing address
4 RADNOR CORPORATE CTR STE #105, WAYNE, PA 19087-4578
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2021
—
Eip York I LLC
—
Deed
related
$50,000,000 · Duke Realty Limited Partnership
Jun 10, 2010
—
Equity Industrial A-york LLC
—
Deed Of Trust
related
$294,466,000 · Anglo Irish Bank Corp
May 8, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Feb 5, 2008
$70,000,000
Equity Industrial A-york LLC
York Butterfly
Grant Deed
related
$290,146,387 · Anglo Irish Bank Corp Plc
Jan 14, 2008
—
York Butterfly
—
Deed Of Trust
related
$33,005,587 · Citicorp USA Corp
—
—
Eip York I LLC
—
Deed Of Trust
related
$111,000,000 · Cantor Commercial Real Estate
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
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