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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Parking lots & garages
Gay Ave At N Cherry Ln York, PA 17401
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-3812599
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Total area
8,698 SF
Lot
0.2 ac (8,712 SF)
Zoning code
ID
APN
03-042-01-0021.00-00000
UPID
US73-3812599
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
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$625k
Owner & transaction history
Fox Apartments York LLC · 2 yrs held
Fox Apartments York LLC
since 2023
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
ID · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$945,000
+21.4%
Auto repair, garage
$825,000
+6.0%
Retail stores
$785,000
+0.6%
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
$655,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$780,000
Current use
MEDICAL BUILDING
$945,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$825,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$785,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$750,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $600k (Aug 11 2023)
Last sale anchor
$600k
Aug 11 2023
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
$72 / 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
$1,528
Tax year 2024
Assessed value
$24,610
Assessed 2024
Previous assessed
$24,610
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$16,970
Assessed improvement
$7,640
Land market value
$16,970
Improvement market value
$7,640
Total market value
$24,610
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Stories
1
Total area
8,698 SF
Lot
0.2 ac (8,712 SF)
Zoning code
ID
APN
03-042-01-0021.00-00000
UPID
US73-3812599
Jurisdiction
YORK
Zoning & alternative use
ID · York, PA
Zoning ID · permitted uses
ID · 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
PARKING LOT Current
Est. value
$780,000
MEDICAL BUILDING
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$825,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$750,000
PARKING LOT Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Fox Apartments York LLC
Entity
Free & Clear · 2 yrs held
Mailing address
29 S DUKE ST, YORK, PA 17401-1401
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Fox Apartments York LLC
—
Deed
related
$100,000 · Downtown Renaissance Fund II LLC
Aug 11, 2023
$600,000
Fox Apartments York LLC
Kinsley Equities II LP
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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