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Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Distribution centers
870 Main St Ephrata, PA 17522-2562
Entity Owned
1-yr Hold
Free & Clear
Property ID
US73-1125206
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1977
Construction
STEEL FRAME
Total area
16,965 SF
Lot
1.3 ac (56,628 SF)
Zoning code
C
APN
190-27805-0-0000
UPID
US73-1125206
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
$2.82M
CAP Approach
CAP
$1.77M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$2.43M
Owner & transaction history
Jemar Enterprises Management LLC · 1 yrs held
Jemar Enterprises Management LLC
since 2025
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
C · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+59.5%
Medical building
$3.4M
+58.6%
Auto repair, garage
$2.8M
+31.1%
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
$2,675,000
ML approach
$2,820,000
CAP Approach
CAP Return
Estimation
6%
$1,910,000
6.5%
$1,765,000
7%
$1,640,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,155,000
Current use
RESTAURANT
$3,440,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$3,420,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,825,000
Change: +31% · Conversion: Easy
RETAIL STORES
$2,010,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $2.45M (Jan 26 2023)
Last sale anchor
$2.45M
Jan 26 2023
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
$143 / 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
$11,113
Tax year 2024
Assessed value
$646,600
Assessed 2024
Previous assessed
$646,600
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$109,000
Assessed improvement
$537,600
Land market value
$109,000
Improvement market value
$537,600
Total market value
$646,600
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
16,965 SF
Lot
1.3 ac (56,628 SF)
Zoning code
C
APN
190-27805-0-0000
UPID
US73-1125206
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
WAREHOUSE, STORAGE Current
Est. value
$2.2M
RESTAURANT
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.0M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1977
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Jemar Enterprises Management LLC
Entity
Free & Clear · 1 yrs held
Mailing address
110 SHORT ST, NEW HOLLAND, PA 17557-1515
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
—
Jemar Enterprises Management LLC
Jemar Enterprises Management LLC
Deed
related
—
Jan 26, 2023
$2,450,000
Jemar Enterprises
Sa Debry Holdings LLC
Deed
$2,696,000 · Premier Custom Built INC
Mar 25, 2022
$1,357,500
Sa Debry Holding LLC
Musser Properties
Deed
$1,084,000 · Orrstown Bank
Dec 22, 2009
—
Musser Properties LLC
Musser Properties LLC
Quit Claim 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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