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Property profile & analytics
OFF-MARKET Estimated value $585,000
Retail space

61 Main St Mount Joy, PA 17552-1424

4,004 SF 0.16 ac lot Built 1961
Entity Owned 18-yr Hold Free & Clear
Property ID
US73-5482773
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,004 SF
Lot 0.16 ac (6,970 SF)
Zoning code CBD
APN 450-99698-0-0000
UPID US73-5482773
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
$725k
Comparable Approach Comparable
$428k
Blend (final) Blend
$585k
Owner & transaction history
Jacob Zuch LLC · 18 yrs held
Jacob Zuch LLC
since 2008
4 recorded transactions
2024
Price N/A
2008
$350,000
2006
$700,000
2003
Price N/A
Zoning & alternative use
CBD · Mount Joy, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Commercial Business District: to promote compact, pedestrian-oriented activities in the downtown; to promote an appropriate mix of retail, service, office, public, institutional and residential uses; to avoid auto-oriented uses that are most likely to conflict with a pedestrian orientation and which are most likely to cause demolition of historic buildin…

Zone name Commercial Business
General category CIVIC_INSTITUTIONAL
Zone area 62.06 ac
Top alternative use upside
Medical building $805,000 +25.0%
Auto repair, garage $665,000 +3.3%
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