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Property profile & analytics
OFF-MARKET Estimated value $1,400,000
Retail space

704 Clay Aly Mount Joy, PA 17552-1912

16,401 SF 0.6 ac lot Built 1940
Individually Owned ~ Est. High Equity
Property ID
US73-1361431
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,401 SF
Lot 0.6 ac (26,136 SF)
Zoning code MDR
APN 450-03913-0-0000
UPID US73-1361431
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
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.40M
Owner & transaction history
Jere L Ober
Jere L Ober
1 recorded transaction
1969
Price N/A
Zoning & alternative use
MDR · Mount Joy, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

MDR Medium Density Residential District: to provide for a range of densities of residential neighborhoods with a mix of housing types; to protect these areas from incompatible uses; to encourage "one home, one lot" development in order to promote home ownership and neighborhood stability; to make sure that "infill" development is consistent with neighboring…

Zone name Medium Density Residential
General category RESIDENTIAL
Zone area 395.72 ac
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