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Property profile & analytics
FOR LEASE
Turn key restaurants
101 N Queen St Lancaster, PA 17603
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1127464
For Lease
1 / 2
$16 SF/Yr
101 N Queen St, Lancaster, PA 17603
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1890
Total area
4,830 SF
Lot
0.05 ac (2,178 SF)
APN
333-30637-0-0000
UPID
US73-1127464
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
-
Will Do Events Event Planning Wedding Service
-
LancasterOnline Publishing House Newspaper & Magazine
-
CHYATEE (Bike/Boat/Book/etc) Store
-
Laura Z Tai Fine Jewelry and Watches (Bike/Boat/Book/etc) Store
-
Fly After 5 Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Swan Property Holdings LLC · 1 yrs held
Swan Property Holdings LLC
since 2025
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,814
Tax year 2024
Assessed value
$172,200
Assessed 2024
Previous assessed
$172,200
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$66,400
Assessed improvement
$105,800
Land market value
$66,400
Improvement market value
$105,800
Total market value
$172,200
Applied tax rate
333.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1890
Heating
HOT WATER
Total area
4,830 SF
Lot
0.05 ac (2,178 SF)
APN
333-30637-0-0000
UPID
US73-1127464
Jurisdiction
LANCASTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1890
Heating
HOT WATER
Lot
0.05 ac
Current owner
From public records · entity-resolved
Swan Property Holdings LLC
Entity
Mailing address
25 S QUEEN ST, LANCASTER, PA 17603-3918
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Swan Property Holdings LLC
—
Deed
related
$100,000 · City Of Lancaster Revitalization And Imp
Jul 2, 2025
$500,000
Swan Property Holdings LLC
Lancaster Cnty Convention Ctr Autho
Special Warranty Deed
$1,844,524 · Finanta FCU
Jul 2, 2025
—
Swan Property Holdings LLC
—
Deed
related
$450,000 · Lancaster Cnty Convention Ctr Authority
Jan 5, 2021
—
Michael G Zamagias
—
Deed
related
$904,700 · Huntington Nat'l Bk
Dec 7, 2020
$1,055,505
Jeffrey R Ostrowski
Lqz LLC
Grant Deed
—
Nov 9, 2020
$895,000
Anthony Fanning
Lqz LLC
Grant Deed
$715,000 · First Nat'l Bk/pa
Jan 10, 2019
—
Qs Zamagias LLC
—
Deed
related
$8,220 · Huntington Nat'l Bk
Jan 4, 2019
—
Qs Zamagias LLC
—
Deed
related
$17,560,000 · Ccg Sub-cde
Jan 3, 2019
—
Qs Zamagas LLC
Loz LLC
Quitclaim Deed
related
$17,560,000 · Cff Sub Cde 11 LLC
Aug 16, 2017
—
Qs Zamagias LLC
—
Grant Deed
related
$17,560,000 · Commonwealth Cornerstone Gro
Jun 13, 2016
$1,732,500
Qs Zamagias LLC
Msci 2006-iq11 North Queen Str
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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