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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Drive through restaurants
1021 Dillerville Rd Lancaster, PA 17603-2613
Entity Owned
9-yr Hold
Free & Clear
Property ID
US73-2121082
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,703 SF
Lot
1.4 ac (60,984 SF)
Zoning code
B-4
APN
390-93554-0-0000
UPID
US73-2121082
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
-
Waffle House Restaurant
-
True Artistry Florist & Flower Delivery Lancaster PA (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$530k
Owner & transaction history
Valenti Mid-atlantic Realty II · 9 yrs held
Valenti Mid-atlantic Realty II
since 2017
3 recorded transactions
Zoning & alternative use
B-4 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$700,000
+26.9%
Medical building
$615,000
+11.5%
Retail stores
$590,000
+6.6%
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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$550,000
Current use
COMMERCIAL (GENERAL)
$700,000
Change: +27% · Conversion: Easy
MEDICAL BUILDING
$615,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$590,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$450,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$196 / 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
$20,071
Tax year 2024
Assessed value
$927,600
Assessed 2024
Previous assessed
$927,600
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$300,200
Assessed improvement
$627,400
Land market value
$300,200
Improvement market value
$627,400
Total market value
$927,600
Applied tax rate
390.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
2,703 SF
Lot
1.4 ac (60,984 SF)
Zoning code
B-4
APN
390-93554-0-0000
UPID
US73-2121082
Jurisdiction
LANCASTER
Zoning & alternative use
B-4 · Lancaster, PA
Zoning B-4 · permitted uses
B-4 · 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
RESTAURANT Current
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$700,000
MEDICAL BUILDING
Est. value
$615,000
RETAIL STORES
Est. value
$590,000
WAREHOUSE, STORAGE
Est. value
$450,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
Valenti Mid-atlantic Realty II
Entity
Free & Clear · 9 yrs held
Mailing address
5020 W LINEBAUGH AVE STE #200, TAMPA, FL 33624-5066
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2017
$1,623,648
Valenti Mid-atlantic Realty II
Amstutz,jay T
Grant Deed
—
May 8, 2013
—
Valenti Mid-atlantic Realty II
—
Deed Of Trust
related
$47,774,453 · Bank Of America
—
—
Kwh LLC
—
Deed Of Trust
related
$548,649 · Bank Of America
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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