Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1 State St Ephrata, PA 17522-2410

    • Retail space
    • 4,368 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5728730
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Casa Huerta / Mexican Grocery Store

    Property Details for 1 State St

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    0.72 lot acres
    Property size
    4,368 SF
    Zone code
    C-1
    Property type
    Retail space
    APN
    210-06229-0-0000
    APU
    2100622900000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $749,000
      Market price range: $207k - $750k
      AI Estimate
      $369,000
      Market price range: $154k - $374k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $520,000
      Current use
      MEDICAL BUILDING
      $880,000
      Change: +70% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $725,000
      Change: +40% Conversion: Difficult
      WAREHOUSE, STORAGE
      $555,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ephrata
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.2138
    Latitude
    40.125
    CBSA code
    29540
    CBSA name
    LANCASTER, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,839
    $108,600
    $335,500
    $444,100
    -
    $108,600
    $335,500
    $444,100

    Comparable in this City

    • Value Estimation
      $2,555,000
      24,000 SF

      102 Gdn Spot Rd

      RETAIL STORES (PERSONAL SERVICES) • 24,000 SF
      102 Gdn Spot Rd, Ephrata, PA 17522-9760
      View Details
    • Value Estimation by Request
      2,688 SF

      683 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,688 SF
      683 Main St, Ephrata, PA 17522-2539
      View Details
    • Value Estimation by Request
      2,280 SF

      529 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,280 SF
      529 Main St, Ephrata, PA 17522-1716
      View Details
    • Value Estimation
      $1,640,000
      14,220 SF

      839 Main St

      RETAIL STORES (PERSONAL SERVICES) • 14,220 SF
      839 Main St, Ephrata, PA 17522-2797
      View Details
    • Value Estimation by Request
      5,002 SF

      100 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,002 SF
      100 Main St, Ephrata, PA 17522-2851
      View Details
    • Value Estimation by Request
      5,666 SF

      33 Church St

      RETAIL STORES (PERSONAL SERVICES) • 5,666 SF
      33 Church St, Ephrata, PA 17522-2043
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,952 SF

      Ephrata Bank Facility For Sale

      2,952 SF bank branch on 0.64 acres.
      1713 W Main St, Ephrata, PA 17522
      View Details
    • $1,200,000
      9,640 SF

      Ephrata Retail Building - High Visibility

      Prime Retail Space, High Traffic Area, Value-Add Opportunity
      560 Reading Rd, Ephrata, PA 17522
      View Details
    • Contact for pricing
      38.00 Acres

      Prime Ephrata Commercial Land

      38 Acres, High Traffic, C-Zoned
      0 Trout Run Rd, Ephrata, PA 17522
      View Details
    • $1,300,000
      8,196 SF

      Historic Ephrata Inn & Brewery

      Charming Inn, Brewery, & Cottage
      301 Main St, Ephrata, PA 17522
      View Details
    • $1,200,000
      9,640 SF

      Ephrata Retail Building - $1.2M

      High-visibility retail space, 9,640 SF, owner/user opportunity.
      560 Reading Rd, Ephrata, PA 17522
      View Details
    • $2,200,000
      2.69 Acres

      Prime Ephrata Commercial Land

      2.69 Acres, High Visibility, C-2 Zoning
      872 Main St, Ephrata, PA 17522
      View Details

    Similar Nearby for Lease

    • $2,118 /Mo
      1,500 SF

      Ephrata Township Commercial Space

      Located off Route 222, suitable for diverse business ventures.
      865 E Main St, Ephrata, PA 17522
      View Details
    • $32 SF/Yr
      3,056 SF

      Retail Space Near Route 222

      Retail space available for lease, close to major routes.
      4201 Oregon Pike, Ephrata, PA 17522
      View Details
    • $14 SF/Yr
      67,340 SF

      Ephrata Retail Center Opportunity

      Prime Lancaster County retail space available.
      1759 Main St, Ephrata, PA 17522
      View Details
    • Contact for pricing
      83,488 SF

      Ephrata Crossing Retail Center

      Prime Lancaster County retail space available.
      0 Main St & Pleasant Vly Rd, Ephrata, PA 17522
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Sharp Plaza

      Anchored retail shopping center centrally located in Ephrata, Pennsylvania.
      1041 Sharp Ave, Ephrata, PA 17522
      View Details
    • $10 SF/Yr
      38,000 SF

      Prime Ephrata Retail Space

      High-traffic location, 38,000 sq ft.
      1717 Main St, Ephrata, PA 17522
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 State St
    Ephrata, PA 17522-2410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.