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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
102 Broad St Lancaster, PA 17602-3110
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-2563932
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1900
Construction
BRICK
Total area
2,952 SF
Lot
0.04 ac (1,742 SF)
Zoning code
R4
APN
332-87916-0-0000
UPID
US73-2563932
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
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
Tedros K Teklu · 8 yrs held
Tedros K Teklu
since 2018
5 recorded transactions
Zoning & alternative use
R4 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
materials and design. See also § 300-42I , which may require a larger sight triangle for a parking lot. Maximum Height of Fences, Walls and Hedges Height Limitations Measured from Grade Residential Districts R1, R2, R3, R4, RO, MU (feet) Nonresidential Districts C1, C2, C3, CB, CB1, CM, SM, DF, HC, PO (feet) Residential property Fences and walls Minimum fron…
Zone name
Residential High Density
General category
CIVIC_INSTITUTIONAL
Zone area
344.99 ac
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
$7,427
Tax year 2024
Assessed value
$187,700
Assessed 2024
Previous assessed
$187,700
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$35,600
Assessed improvement
$152,100
Land market value
$35,600
Improvement market value
$152,100
Total market value
$187,700
Applied tax rate
332.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
HOT WATER
Stories
2
Total area
2,952 SF
Lot
0.04 ac (1,742 SF)
Zoning code
R4
APN
332-87916-0-0000
UPID
US73-2563932
Jurisdiction
LANCASTER
Zoning & alternative use
R4 · Lancaster, PAZoning R4 · permitted uses
R4 · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
materials and design. See also § 300-42I , which may require a larger sight triangle for a parking lot. Maximum Height of Fences, Walls and Hedges Height Limitations Measured from Grade Residential Districts R1, R2, R3, R4, RO, MU (feet) Nonresidential Districts C1, C2, C3, CB, CB1, CM, SM, DF, HC, PO (feet) Residential property Fences and walls Minimum front yard 4*** 4*** Secondary front yard* 6 6 Side and rear yard 6 6 Permitted buildi
Zone name
Residential High Density
General category
CIVIC_INSTITUTIONAL
Zone area
344.99 ac
Building & site characteristics
From public records
Year built
1900
Construction
BRICK
Heating
HOT WATER
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Tedros K Teklu
Individual
Mailing address
137 HERITAGE RD, LANCASTER, PA 17602-1595
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2018
—
Tedros K Teklu
Teklu,tedros K
Quit Claim Deed
related
—
Sep 5, 2007
$264,900
Tedros K Teklu
Packer,ryan M & Filomena C
Grant Deed
$208,000 · Stonebridge Bank
Oct 17, 2002
$300,000
Ryan M Packer
Davis,harold H & Doris A
Grant Deed
—
—
—
Ryan M Packer
—
Deed Of Trust
related
$15,000 · Harold H & Doris A Davis
—
—
Ryan M Packer
—
Deed Of Trust
related
$225,000 · Blue Ball National Bank
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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