Espresso Way Manchester, PA 17345
Entity Owned
13-yr Hold
~
Est. High Equity
Estimated value (blended)
$67.99M
Range $61.19M – $74.79M (±10%)
Property ID
US73-0636532
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Total area
603,000 SF
Lot
56.64 ac (2,467,238 SF)
Zoning code
AG
APN
26-000-MH-0020.00-00000
UPID
US73-0636532
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$65.73M
Comparable Approach
Comparable
$89.65M
Blend (final)
Blend
$67.99M
Owner & transaction history
since 2013
7 recorded transactions
Zoning & alternative use
AG · Manchester, PA
Top alternative use upside
Restaurant
$71.8M
+33.1%
Medical building
$66.3M
+23.0%
Auto repair, garage
$61.8M
+14.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$67.99M
Value range
$61.19M – $74.79M
±10% around blend
Estimated value / SF
$113 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$61.19M
blend $67.99M
$74.79M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
603,000 SF
Lot area
56.64 ac
Year built
2010
Stories
2
APN
26-000-MH-0020.00-00000
Assessed value
$25,423,310
Annual tax
$886,002
3
Income approach: direct capitalization
Partial preview
Income approach indication
$65.73M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$71.21M
@ 6.5% CAP return
$65.73M
@ 7% CAP return
$61.04M
4
Sales comparison
Partial preview
Sales approach indication
$89.65M
Range $21.86M – $120.97M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$67.99M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 120 sales
$89
+26%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $113/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+33%
vs current-use indication
Medical Building
Auto Repair, Garage
Warehouse, Storage · current use
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$25.42M
Move the market yield to see immediate price impact.
Value / SF
$42
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.60M
$32.03M
$22.88M
$17.80M
$1.78M
$35.59M
$25.42M
$19.77M
$1.96M
$39.15M
$27.97M
$21.75M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$886,002
Tax year 2024
Assessed value
$25,423,310
Assessed 2024
Previous assessed
$19,067,930
+33.3% YoY
Effective rate
3.48%
On assessed value
Assessed land
$1,473,860
Assessed improvement
$23,949,450
Land market value
$1,473,860
Improvement market value
$23,949,450
Total market value
$25,423,310
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2010
Heating
FORCED AIR
Cooling
NONE
Stories
2
Rooms
6
Bathrooms
1
Total area
603,000 SF
Lot
56.64 ac (2,467,238 SF)
Zoning code
AG
APN
26-000-MH-0020.00-00000
UPID
US73-0636532
Jurisdiction
YORK
Zoning & alternative use
AG · Manchester, PAZoning AG · permitted uses
AG · Manchester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
1
Lot
56.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
AG
Jurisdiction
Manchester, PA
Recorded code
AG
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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