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Property profile & analytics
FOR LEASE
Strip malls
970 Loucks Rd York, PA 17404
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2817462
For Lease
1 / 2
$40 SF/Yr
970 Loucks Rd, York, PA 17404
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Total area
30,191 SF
Lot
2.5 ac (108,900 SF)
Zoning code
RS
APN
14-620-01-0001.B0-00000
UPID
US73-2817462
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
-
West Side Dental Dental Office
-
Tracy Nails Nail Salon
-
Acceptance Insurance Insurance Agency
-
Oola Bowls York Restaurant
-
Concentra Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$535k
Blend (final)
Blend
$600k
Owner & transaction history
Maple Village Holdings LP · 13 yrs held
Maple Village Holdings LP
since 2013
5 recorded transactions
Zoning & alternative use
RS · York, 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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Current use
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$20 / 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
$97,473
Tax year 2024
Assessed value
$1,570,000
Assessed 2024
Previous assessed
$1,570,000
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$774,280
Assessed improvement
$795,720
Land market value
$774,280
Improvement market value
$795,720
Total market value
$1,570,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
30,191 SF
Lot
2.5 ac (108,900 SF)
Zoning code
RS
APN
14-620-01-0001.B0-00000
UPID
US73-2817462
Jurisdiction
YORK
Zoning & alternative use
RS · York, PA
Zoning RS · permitted uses
RS · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Maple Village Holdings LP
Entity
Mailing address
3528 CONCORD RD, YORK, PA 17402-8626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jul 28, 2016
—
Maple Village Holdings LP
—
Deed
related
$3,450,000 · Fulton Bank
Nov 13, 2013
—
Maple Village Holdings LP
—
Trustees Deed
related
$431,000 · Metropolitan Bank
Mar 22, 2013
$2,239,830
Maple Village Holdings LP
Brandywine Center LP
Grant Deed
$2,275,000 · Metropolitan Bank
Sep 28, 2010
$2,500,000
Brandywine Center Limited Partnersh
York County Industrial Development
Deed
$1,400,000 · Manufacturers & Traders Trust Co
—
—
Maple Village Holdings LP
—
Deed Of Trust
related
$3,450,000 · Fulton Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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