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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Drive through restaurants
804 Main St, Ephrata, PA 17522
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5884070
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2004
Construction
WOOD FRAME
Total area
3,327 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C
APN
190-58850-0-0000
UPID
US73-5884070
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
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$860k
Owner & transaction history
Red Hubs Liv LLC · 5 yrs held
Red Hubs Liv LLC
since 2021
Last sale
$717,000
7 recorded transactions
Zoning & alternative use
C · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$815,000
+20.5%
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
$870,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$675,000
Current use
COMMERCIAL (GENERAL)
$815,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$670,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $717k (Apr 22 2021)
Last sale anchor
$717k
Apr 22 2021
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
$258 / 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
$12,031
Tax year 2024
Assessed value
$700,000
Assessed 2024
Previous assessed
$700,000
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$160,000
Assessed improvement
$540,000
Land market value
$160,000
Improvement market value
$540,000
Total market value
$700,000
Applied tax rate
190.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
3,327 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C
APN
190-58850-0-0000
UPID
US73-5884070
Jurisdiction
LANCASTER
Zoning & alternative use
C · Ephrata, PA
Zoning C · permitted uses
C · Ephrata, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ephrata. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$815,000
MEDICAL BUILDING
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$555,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2004
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Red Hubs Liv LLC
Entity
Mailing address
305 W BROADWAY, NEW YORK, NY 10013-5306
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2022
—
Red Hubs Liv LLC
—
Deed
related
$35,100,000 · The Northern Trust Co
Apr 22, 2021
—
Red Hubs Liv LLC
Quality Burgers INC
Quit Claim Deed
related
$66,400 · Lake Forest Bank & Trust Co NA
Jun 17, 2020
—
Npc Quality Burgers INC
—
Deed
related
$160,000,000 · Deutsche Bank Trust Company Americas
Apr 6, 2020
—
Npc Quality Burgers INC
—
Deed
related
$755,000,000 · Deutsche Bank Trust Co Americas
Apr 28, 2017
$717,000
Npc Qb II LP
Valenti Mid-atlantic Realty II
Grant Deed
—
Jun 7, 2013
$2,590,110
Valenti Mid-atlantic Realty II
Wendco Of Central Pa INC
Grant Deed
$47,774,453 · Bank Of America
May 12, 2004
—
Wendco Central Pa INC
—
Deed Of Trust
related
$1,000,000 · Fulton Bank
Nov 14, 2003
—
Wendco Of Central Pa INC
Real Places LP
Grant Deed
$296,250 · Real Places LP
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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