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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
1045 Lancaster Ave Columbia, PA 17512-1839
Entity Owned
Free & Clear
Property ID
US73-2768717
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,200 SF
Lot
0.9 ac (39,204 SF)
Zoning code
HC
APN
110-76510-0-0000
UPID
US73-2768717
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
$540k
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$510k
Owner & transaction history
SAHD FRANK SALVAGE CNTR INC
SAHD FRANK SALVAGE CNTR INC
Zoning & alternative use
HC · Columbia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
HC Highway Commercial District: To provide for a wide range of commercial uses along the Route 462 corridor. (15) RC Riverfront Commercial District: To encourage a mix of entertainment, restaurant and other commercial uses that will take advantage of proximity to the river and the downtown, and that will be compatible with a proposed recreation trail. (16) L…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
62.02 ac
Top alternative use upside
Retail stores
$840,000
+26.9%
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 Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia 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%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$660,000
Current use
RETAIL STORES
$840,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$98 / 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
$9,197
Tax year 2024
Assessed value
$246,100
Assessed 2024
Previous assessed
$246,100
+0.0% YoY
Effective rate
3.74%
On assessed value
Assessed land
$81,600
Assessed improvement
$164,500
Land market value
$81,600
Improvement market value
$164,500
Total market value
$246,100
Applied tax rate
110.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
5,200 SF
Lot
0.9 ac (39,204 SF)
Zoning code
HC
APN
110-76510-0-0000
UPID
US73-2768717
Jurisdiction
LANCASTER
Zoning & alternative use
HC · Columbia, PAZoning HC · permitted uses
HC · Columbia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
HC Highway Commercial District: To provide for a wide range of commercial uses along the Route 462 corridor. (15) RC Riverfront Commercial District: To encourage a mix of entertainment, restaurant and other commercial uses that will take advantage of proximity to the river and the downtown, and that will be compatible with a proposed recreation trail. (16) LI Light Industrial District: To provide for a mix of light industrial uses, offices and certain related commercial uses. To avoid the heaviest types of industrial uses. (17) GI General Industrial District: To provide for a range of industrial uses, to meet the Borough's obligation under state law to offer opportunities for all legitimate land uses.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
62.02 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$660,000
RETAIL STORES
Est. value
$840,000
WAREHOUSE, STORAGE Current
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
SAHD FRANK SALVAGE CNTR INC
Entity
Free & Clear · 0 yrs held
Mailing address
1045 LANCASTER AVE, COLUMBIA, PA 17512-1839
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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