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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Flex space
883 Tolna Rd New Freedom, PA 17349-9396
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1983731
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1974
Total area
57,768 SF
Lot
3.7 ac (161,172 SF)
Zoning code
ID
APN
45-000-BJ-0059.F0-00000
UPID
US73-1983731
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
$3.63M
Blend (final)
Blend
$2.95M
Owner & transaction history
Cmr Rose LLC · 9 yrs held
Cmr Rose LLC
since 2017
7 recorded transactions
Zoning & alternative use
ID · New Freedom, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.8M
+54.9%
Office building
$4.7M
+50.5%
Retail stores
$4.4M
+41.0%
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 New Freedom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Freedom 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
INDUSTRIAL (GENERAL)
$3,130,000
Current use
COMMERCIAL (GENERAL)
$4,845,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$4,710,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$4,410,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±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
$51 / 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
$44,886
Tax year 2024
Assessed value
$1,669,600
Assessed 2024
Previous assessed
$1,669,600
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$161,390
Assessed improvement
$1,508,210
Land market value
$161,390
Improvement market value
$1,508,210
Total market value
$1,669,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1974
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
57,768 SF
Lot
3.7 ac (161,172 SF)
Zoning code
ID
APN
45-000-BJ-0059.F0-00000
UPID
US73-1983731
Jurisdiction
YORK
Zoning & alternative use
ID · New Freedom, PA
Zoning ID · permitted uses
ID · New Freedom, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Freedom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1974
Heating
YES
Cooling
Yes
Stories
1
Lot
3.7 ac
Current owner
From public records · entity-resolved
Cmr Rose LLC
Entity
Mailing address
883 E TOLNA RD, NEW FREEDOM, PA 17349-9396
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
—
Cmr Rose LLC
—
Deed
related
$2,141,000 · M & T Bank
Apr 3, 2017
$1,895,000
Cmr Rose LLC
Pegasus Unlimited
Deed
$1,197,500 · Manufacturers & Traders Trust Co
Mar 2, 2010
—
Pegasus Unlimited
Ayres,ronald L & Susan C
Grant Deed
—
—
—
Ayres,ronald L & Susan C
—
Loan Modification
related
$300,000 · Susquehanna Bk
—
—
Ayres,ronald L & Susan C
—
Loan Modification
related
$500,000 · Susquehanna Bk
—
—
Ronald L Ayres
—
Deed Of Trust
related
$300,000 · Susquehanna Bank
—
—
Ronald L Ayres
—
Deed Of Trust
related
$500,000 · Susquehanna Bank Pa
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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