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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Motels
84 Ronks Rd Ronks, PA 17572-9615
Entity Owned
15-yr Hold
Free & Clear
Property ID
US73-0322817
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
FRAME
Total area
14,746 SF
Lot
1.25 ac (54,450 SF)
Zoning code
R-2
APN
310-55785-0-0000
UPID
US73-0322817
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
-
Cherry Lane Motor Inn 84 N. Ronks Road, Ronks PA Restaurant
-
Cherry Lane Motor Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Mahashiv LLC · 15 yrs held
Mahashiv LLC
since 2011
6 recorded transactions
Zoning & alternative use
R-2 · Ronks, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ronks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ronks 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$84 / 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
$17,956
Tax year 2024
Assessed value
$886,900
Assessed 2024
Previous assessed
$886,900
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$125,000
Assessed improvement
$761,900
Land market value
$125,000
Improvement market value
$761,900
Total market value
$886,900
Applied tax rate
310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
14,746 SF
Lot
1.25 ac (54,450 SF)
Zoning code
R-2
APN
310-55785-0-0000
UPID
US73-0322817
Jurisdiction
LANCASTER
Zoning & alternative use
R-2 · Ronks, PA
Zoning R-2 · permitted uses
R-2 · Ronks, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ronks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Mahashiv LLC
Entity
Free & Clear · 15 yrs held
Mailing address
84 N RONKS RD, RONKS, PA 17572-9615
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2026
—
Mahashiv LLC
—
Deed
related
$970,000 · Bank Of Bird-in-hand
May 20, 2011
$577,000
Mahashiv LLC
Sheriff Of Lancaster County
Trustees Deed
related
—
Jun 20, 2001
$1,150,000
Mukesh Patel
Arbuda Corp
Grant Deed
$600,000 · Unity Bank
—
—
Mukesh Patel
—
Deed Of Trust
related
$432,000 · South Eastern Economic Dev Pa
—
—
Mahashiv LLC
—
Deed Of Trust
related
$760,000 · Jonestown Bk&tr
—
—
Mukesh Patel
—
Deed Of Trust
related
$1,500,000 · Unity 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.
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