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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Manufacturing properties
980 Loucks Ml Rd York, PA 17402-1973
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-2077980
Property profile
Verified
Property type
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built
2014
Total area
25,561 SF
Lot
4.42 ac (192,535 SF)
Zoning code
ID
APN
48-000-02-0002.00-00000
UPID
US73-2077980
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
-
F S Seeds Seed Warehouse Department Store
-
Seedway Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.35M
Owner & transaction history
Commonwealth Of Pa Dept Of Trans · 3 yrs held
Commonwealth Of Pa Dept Of Trans
since 2023
3 recorded transactions
Zoning & alternative use
ID · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
current zoning ordinance
Top alternative use upside
Warehouse, storage
$2.2M
+83.9%
Office building
$2.2M
+83.6%
Commercial (general)
$2.0M
+63.0%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,200,000
Current use
WAREHOUSE, STORAGE
$2,205,000
Change: +84% · Conversion: Easy
OFFICE BUILDING
$2,200,000
Change: +84% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,955,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$53 / 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
$76,886
Tax year 2024
Assessed value
$2,085,010
Assessed 2024
Previous assessed
$2,085,010
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$153,460
Assessed improvement
$1,931,550
Land market value
$153,460
Improvement market value
$1,931,550
Total market value
$2,085,010
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
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Status
Off-Market
Year built
2014
Heating
YES
Cooling
NONE
Buildings
5
Stories
1
Total area
25,561 SF
Lot
4.42 ac (192,535 SF)
Zoning code
ID
APN
48-000-02-0002.00-00000
UPID
US73-2077980
Jurisdiction
YORK
Zoning & alternative use
ID · York, PAZoning ID · permitted uses
ID · York, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
current zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2014
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
4.42 ac
Current owner
From public records · entity-resolved
Commonwealth Of Pa Dept Of Trans
Entity
Free & Clear · 3 yrs held
Mailing address
308 NE FRNT ST, MILFORD, DE 19963-1434
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
—
Commonwealth Of Pa Dept Of Trans
Grownark Fs LLC
Deed
—
Apr 17, 2014
$315,496
Growmark Fs LLC
Seedway LLC
Grant Deed
—
Sep 27, 2007
$1,837,432
Seedway INC
Seedway INC
Grant 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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