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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Motels
904 Main St Ephrata, PA 17522
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-0306758
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1763
Construction
FRAME
Total area
6,757 SF
Lot
0.52 ac (22,651 SF)
Zoning code
RLD
APN
260-22731-0-0000
UPID
US73-0306758
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
$800k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
David Gallagher · 17 yrs held
David Gallagher
since 2009
5 recorded transactions
Zoning & alternative use
RLD · Ephrata, 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 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%
$865,000
6.5%
$800,000
7%
$745,000
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$108 / 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
$13,638
Tax year 2024
Assessed value
$568,700
Assessed 2024
Previous assessed
$568,700
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$61,300
Assessed improvement
$507,400
Land market value
$61,300
Improvement market value
$507,400
Total market value
$568,700
Applied tax rate
260.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1763
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
3
Units
5
Total area
6,757 SF
Lot
0.52 ac (22,651 SF)
Zoning code
RLD
APN
260-22731-0-0000
UPID
US73-0306758
Jurisdiction
LANCASTER
Zoning & alternative use
RLD · Ephrata, PA
Zoning RLD · permitted uses
RLD · 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.
Building & site characteristics
From public records
Year built
1763
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
3
Units
5
Lot
0.52 ac
Current owner
From public records · entity-resolved
David Gallagher
Individual
Mailing address
900 W MAIN ST, EPHRATA, PA 17522-1328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
—
900 W Main Street LLC
—
Deed
related
$910,000 · Belco Community Cu
Jun 25, 2009
$240,000
David Gallagher
Graybill,dorothy R
Grant Deed
—
—
—
David Gallagher
—
Deed Of Trust
related
$425,000 · Ephrata National Bank
—
—
Dorothy R Graybill-smith
—
Deed Of Trust
related
$125,000 · Ephrata National Bank
—
—
David Gallagher
—
Deed Of Trust
related
$357,000 · 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.
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