Financial
Distress signals
Property profile

723 Prince St Lancaster, PA 17603

OFF-MARKET
Office Spaces
Property ID
US73-1613304
86,338 SF 0.82 ac lot Built 1940
Last sale Feb 2026 · $1,497,600
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 103,672 square foot mixed-use property presents a compelling redevelopment opportunity in the heart of Lancaster, Pennsylvania. Situated on a 1.12-acre lot, this three-story building boasts a prime location across from Clipper Magazine Stadium, enjoying high traffic visibility with approximately 13,000 vehicles passing daily. The property currently features an auto service and showroom, along with a former tobacco warehouse, offering significant potential for adaptive reuse.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$35k
Tax billed · 2024
Assessed value$895k
Assessed land$169k
Assessed improvement$726k
Effective rate3.96%

Value estimate

· Sep 2026
$2.07M
$1.86M – $2.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$259/SF
ZIP average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$168 – $390

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.6
Dry Cleaner10.2
Locksmith10.2

Location

723 Prince St Lancaster, PA 17603
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3040 Industry, Lancaster, PA 17603-4024 $2,050,000 Feb 2026 17,228 SF
101 Good, Lancaster, PA 17603-4349 $2,100,000 Aug 2025 14,452 SF
115 End, Lancaster, PA 17603 $4,475,000 Jun 2025 82,370 SF
2124 Ambassador, Lancaster, PA 17603-2389 $3,250,000 Feb 2025 15,277 SF
2500 Columbia, Lancaster, PA 17603-4117 $13,000,000 Dec 2024 106,710 SF
24 Queen, Lancaster, PA 17603-3942 $9,060,000 Sep 2024 13,078 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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