Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Warehouses
790 Glenwood Dr Ephrata, PA 17522-9357
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-0983549
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1930
Construction
STEEL FRAME
Total area
8,825 SF
Lot
2.6 ac (113,256 SF)
Zoning code
RLD
APN
270-92216-0-0000
UPID
US73-0983549
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
-
Zimmerman Excavating General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$891k
Blend (final)
Blend
$725k
Owner & transaction history
Richard Z Zimmerman · 16 yrs held
Richard Z Zimmerman
since 2010
3 recorded transactions
Zoning & alternative use
RLD · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RLD Low Density Residential District: to provide for low-density residential neighborhoods that are primarily comprised of single-family detached dwellings. B. RMD Medium Density Residential District: to provide for medium-density neighborhoods with a mix of housing types, in a manner that respects and continues traditional forms of development. C. RHD High…
Zone name
Residential Low Density
General category
RESIDENTIAL
Zone area
853.73 ac
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 Ephrata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ephrata 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
WAREHOUSE, STORAGE
$1,120,000
Current use
RETAIL STORES
$1,045,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$82 / 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
$8,448
Tax year 2024
Assessed value
$367,300
Assessed 2024
Previous assessed
$367,300
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$105,600
Assessed improvement
$261,700
Land market value
$105,600
Improvement market value
$261,700
Total market value
$367,300
Applied tax rate
270.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1930
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Stories
1
Total area
8,825 SF
Lot
2.6 ac (113,256 SF)
Zoning code
RLD
APN
270-92216-0-0000
UPID
US73-0983549
Jurisdiction
LANCASTER
Zoning & alternative use
RLD · Ephrata, PAZoning RLD · permitted uses
RLD · Ephrata, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RLD Low Density Residential District: to provide for low-density residential neighborhoods that are primarily comprised of single-family detached dwellings. B. RMD Medium Density Residential District: to provide for medium-density neighborhoods with a mix of housing types, in a manner that respects and continues traditional forms of development. C. RHD High Density Residential District: to provide for a neighborhood with a mix of housing types, in a manner that respects and continues traditional forms of development. D. CBD Central Business District: to provide for an orderly coordinated development of varied commercial business, arts, cultural, institutional and residential development in the downtown. To promote pedestrian-friendly uses, as opposed to uses that are auto dependent. E. NCD Neighborhood Commercial District: to provide for a mix of housing types and selected types of less-intensive types of commercial uses in areas that include or are adjacent to many existing homes. The intent is to avoid uses that are most likely to generate nuisances or hazards for nearby residents, such as twenty-four-hour commercial businesses. F.
Zone name
Residential Low Density
General category
RESIDENTIAL
Zone area
853.73 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE Current
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
1930
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
2.6 ac
Current owner
From public records · entity-resolved
Richard Z Zimmerman
Individual
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2016
—
Richard Z Zimmerman
—
Deed
related
$230,895 · The Ephrata National Bank
Jan 11, 2010
—
Richard Z Zimmerman
Zimmerman,romaine S
Quit Claim Deed
related
—
—
—
Richard Z Zimmerman
—
Deed Of Trust
related
$250,000 · Ephrata National Bank
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?”
You own 790 Glenwood Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
