Property profile

250 S Cherry Aly Elizabethtown, PA 17022

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US73-1722960
2,556 SF 0.16 ac Built 1980
Last sale Apr 2011·$120,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a freestanding commercial building located at 250 S. Cherry Alley in Elizabethtown, Pennsylvania (17022). It has approximately 2,683 square feet of gross floor area, including about 1,300 square feet that may be used to support partial owner occupancy or an additional tenant. The building features a roof and sealant installation completed in 2022, supported by a 10-year warranty. The site is zoned for Central Business District (CBD) use. It has a configuration and operating…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$178k
Assessed land$71k
Assessed improvement$107k
Effective rate2.81%

Value estimate

· Nov 2026
$215k
$194k – $237k
AI approach$230k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 7.99% cap applied$32k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$81 – $230
Qualifying comparables18

Cap rate analysis

How does the asset earn?
7.99%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
CBD CENTRAL BUSINESS DISTRICT § 901 Intended Purpose. § 902 Permitted Uses. § 903 Special Exceptions. § 904 Accessory Uses. § 905 Conditi...
General categoryCOMMERCIAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.9
Electrical Service10.2
Convenience Store9.5

Location

250 S Cherry Aly Elizabethtown, PA 17022
County assessor Recorded deeds · 1 transfer 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1980 Tpke, Elizabethtown, PA 17022-9542 $5,223,265 Dec 2024 2,048 SF
2 Market, Elizabethtown, PA 17022-2025 $230,000 Apr 2024 2,568 SF
114 Market, Elizabethtown, PA 17022-2309 $335,000 May 2023 3,343 SF
55 Market, Elizabethtown, PA 17022-2039 $360,000 Feb 2022 2,416 SF
135 Market, Elizabethtown, PA 17022-2041 $105,000 Jan 2022 3,190 SF
17 Market, Elizabethtown, PA 17022-2389 $575,000 Jun 2021 2,772 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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