Financial
Distress signals
Property profile

231 Shippen St Ste 24 Lancaster, PA 17602

OFF-MARKET
Office Spaces
Property ID
US73-2101534
1,000 SF Built 1920
Last sale Feb 2014 · $55,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$67k
Assessed improvement$67k
Effective rate3.96%

Value estimate

· Sep 2026
$100k
$90k – $110k
AI approach$100k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$147 – $414
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU
The MU District includes undeveloped land where new mixed use residential and nonresidential development with traditional neighborhood ch...
General categoryMIXED_USE
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith10.7
Dry Cleaner9.7
Carpet & Flooring Store8.9

Location

231 Shippen St Ste, Unit 24 Lancaster, PA 17602-2771
County assessor Recorded deeds · 1 transfer 10 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
128 Grant St, Lancaster, PA 17602-2854 $100,000 Nov 2024 1,242 SF
8 Reese, Lancaster, PA 17602-3951 $350,000 Sep 2024 1,225 SF
153 King St, Lancaster, PA 17602-2812 $1,440,000 Apr 2024 1,061 SF
432 Christian, Lancaster, PA 17602-4904 $350,000 Dec 2023 1,404 SF
601 Beaver Vly, Lancaster, PA 17602-1603 $238,000 Mar 2023 624 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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