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Property profile & analytics
OFF-MARKET
Estimated value
$8,615,000
Retail space
960 Far Hls Dr, New Freedom, PA 17349-8446
Individually Owned
21-yr Hold
Free & Clear
Property ID
US73-1566486
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
103,995 SF
Lot
17.86 ac (777,982 SF)
Zoning code
C
APN
32-000-CJ-0037.U0-00000
UPID
US73-1566486
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
$7.99M
Blend (final)
Blend
$8.62M
Owner & transaction history
Owner Name Unavailable · 21 yrs held
Owner Name Unavailable
since 2005
1 recorded transaction
Zoning & alternative use
C · New Freedom, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.4M
+55.9%
Medical building
$11.4M
+44.1%
Auto repair, garage
$10.7M
+34.2%
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
RETAIL STORES
$7,940,000
Current use
RESTAURANT
$12,380,000
Change: +56% · Conversion: Easy
MEDICAL BUILDING
$11,440,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,655,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,300,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,725,000
Change: +10% · Conversion: Easy
OFFICE BUILDING
$8,475,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$8.62M
Range $7.75M – $9.48M · ±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
$83 / 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
$146,802
Tax year 2024
Assessed value
$5,000,000
Assessed 2024
Previous assessed
$5,000,000
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$1,077,630
Assessed improvement
$3,922,370
Land market value
$1,077,630
Improvement market value
$3,922,370
Total market value
$5,000,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Total area
103,995 SF
Lot
17.86 ac (777,982 SF)
Zoning code
C
APN
32-000-CJ-0037.U0-00000
UPID
US73-1566486
Jurisdiction
YORK
Zoning & alternative use
C · New Freedom, PA
Zoning C · permitted uses
C · 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
RETAIL STORES Current
Est. value
$7.9M
RESTAURANT
Est. value
$12.4M
MEDICAL BUILDING
Est. value
$11.4M
AUTO REPAIR, GARAGE
Est. value
$10.7M
WAREHOUSE, STORAGE
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$8.7M
OFFICE BUILDING
Est. value
$8.5M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2005
Heating
FORCED AIR
Cooling
Yes
Lot
17.86 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 21 yrs held
Mailing address
PO BOX 105842, ATLANTA, GA 30348-5842
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2005
$2,000,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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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