Property profile

101 West Main St Mount Joy, PA 17552

FOR SALE
Banks
Property ID
US73-0958496
11,706 SF 0.55 ac lot Built 1910
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a multifamily building in Mount Joy, Pennsylvania, constructed as a 7,355-square-foot structure on a 0.18-acre lot with 10 or more off-street parking spaces. It contains nine residential units: seven one-bedroom apartments and two three-bedroom apartments. The property has a history of structural issues that resulted in a condemnation related to foundation concerns; the building is currently vacant and would require foundation repairs to address the noted structural condition. Some units have been recently updated, while others require further improvements.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1910
Construction FRAME
Total area 11,706 SF
Lot 0.55 ac (23,958 SF)
Zoning code CBD
APN 450-52048-0-0000
UPID US73-0958496

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Shipping Company Freight Service

Location

101 West Main St Mount Joy, PA 17552
Mount Joy metro Census 10902 LANCASTER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$939k
Blend (final) Blend
$770k

Owner & transaction history

Zoning & alternative use

CBD · Mount Joy, PA
Zoning description

CBD Commercial Business District: to promote compact, pedestrian-oriented activities in the downtown; to promote an appropriate mix of retail, service, office, public, institutional and residential uses; to avoid auto-or…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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