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Property profile & analytics
OFF-MARKET
Estimated value
$8,710,000
Investment properties
100 Queen St Lancaster, PA 17603-5368
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-2674651
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1876
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,258 SF
Lot
0.52 ac (22,651 SF)
Zoning code
CB1
APN
334-84213-0-0000
UPID
US73-2674651
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
Current use
Occupant on record · Public records
-
FIC Human Resource Partners, LLC Employment Agency Business Service Center
-
MedStatix Physician
-
Nxtbook Media Advertising Agency Marketing & Advertising
-
Farmer's Southern Market Historical Market Square
-
Claire Murphy, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.46M
Comparable Approach
Comparable
$9.05M
Blend (final)
Blend
$8.71M
Owner & transaction history
Lancaster Equity INC · 6 yrs held
Lancaster Equity INC
since 2019
2 recorded transactions
Zoning & alternative use
CB1 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,160,000
6.5%
$8,455,000
7%
$7,855,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,470,000
Current use
MEDICAL BUILDING
$10,075,000
Change: -12% · Conversion: Easy
RETAIL STORES
$9,640,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$8.71M
Range $7.84M – $9.58M · ±10%
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
$197 / 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
$101,923
Tax year 2024
Assessed value
$2,575,800
Assessed 2024
Previous assessed
$2,575,800
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$260,000
Assessed improvement
$2,315,800
Land market value
$260,000
Improvement market value
$2,315,800
Total market value
$2,575,800
Applied tax rate
334.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1876
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
44,258 SF
Lot
0.52 ac (22,651 SF)
Zoning code
CB1
APN
334-84213-0-0000
UPID
US73-2674651
Jurisdiction
LANCASTER
Zoning & alternative use
CB1 · Lancaster, PA
Zoning CB1 · permitted uses
CB1 · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.5M
MEDICAL BUILDING
Est. value
$10.1M
RETAIL STORES
Est. value
$9.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
Year built
1876
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Lancaster Equity INC
Entity
Mailing address
601 S QUEEN ST, LANCASTER, PA 17603-5621
Ownership since
2019
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
Nov 7, 2019
$800,000
Lancaster Equity INC
Redevelopment Authority Of City Lan
Deed
$500,000 · Redevelopment Authority Of The City
Sep 12, 2017
—
Redevelopment Authority Of
City Of Lancaster Pa
Grant 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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