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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Flex space
650 State St York, PA 17403-1032
Entity Owned
Free & Clear
Property ID
US73-2383128
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1970
Total area
9,440 SF
Lot
2.9 ac (126,324 SF)
Zoning code
ID
APN
48-000-02-0013.A0-00000
UPID
US73-2383128
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
-
RG Group Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$603k
Blend (final)
Blend
$720k
Owner & transaction history
Graham Packaging Company LP
Graham Packaging Company LP
since 2025
2 recorded transactions
Zoning & alternative use
ID · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+132.0%
Retail stores
$965,000
+117.9%
Auto repair, garage
$900,000
+102.7%
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 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%
$920,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$445,000
Current use
MEDICAL BUILDING
$1,030,000
Change: +132% · Conversion: Difficult
RETAIL STORES
$965,000
Change: +118% · Conversion: Moderate
AUTO REPAIR, GARAGE
$900,000
Change: +103% · Conversion: Easy
OFFICE BUILDING
$870,000
Change: +97% · Conversion: Difficult
WAREHOUSE, STORAGE
$865,000
Change: +95% · Conversion: Easy
COMMERCIAL (GENERAL)
$535,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$76 / 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
$11,292
Tax year 2024
Assessed value
$306,210
Assessed 2024
Previous assessed
$306,210
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$110,420
Assessed improvement
$195,790
Land market value
$110,420
Improvement market value
$195,790
Total market value
$306,210
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
9,440 SF
Lot
2.9 ac (126,324 SF)
Zoning code
ID
APN
48-000-02-0013.A0-00000
UPID
US73-2383128
Jurisdiction
YORK
Zoning & alternative use
ID · York, PA
Zoning ID · permitted uses
ID · 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
$445,000
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$900,000
OFFICE BUILDING
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$535,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.9 ac
Current owner
From public records · entity-resolved
Graham Packaging Company LP
Entity
Free & Clear · 0 yrs held
Mailing address
650 N STATE ST, YORK, PA 17403-1032
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
—
Graham Packaging Company LP
Wg & Pg LLC
Special Warranty Deed
—
Jan 8, 2019
$355,204
Wg & Pg LLC
Gross William D Trust
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.
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