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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Manufacturing properties
1151 Duke St, Lancaster, PA 17602-4660
Entity Owned
5-yr Hold
Free & Clear
Property ID
US73-3298252
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
STEEL FRAME
Total area
17,500 SF
Lot
3.98 ac (173,369 SF)
APN
337-79981-0-0000
UPID
US73-3298252
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
-
Flex-Cell Precision Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.04M
Owner & transaction history
Flex Cell Real Estate Management Ll · 5 yrs held
Flex Cell Real Estate Management Ll
since 2021
Last sale
$685,000
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
Method
Estimation
Statistic approach
$810,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $685k (May 11 2021)
Last sale anchor
$685k
May 11 2021
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
$59 / 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
$59,259
Tax year 2024
Assessed value
$1,497,600
Assessed 2024
Previous assessed
$1,497,600
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$288,700
Assessed improvement
$1,208,900
Land market value
$288,700
Improvement market value
$1,208,900
Total market value
$1,497,600
Applied tax rate
337.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
17,500 SF
Lot
3.98 ac (173,369 SF)
APN
337-79981-0-0000
UPID
US73-3298252
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
1990
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
3.98 ac
Current owner
From public records · entity-resolved
Flex Cell Real Estate Management Ll
Entity
Free & Clear · 5 yrs held
Mailing address
1151 S DUKE ST, LANCASTER, PA 17602-4660
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2022
—
Flex Cell Real Estate Management Ll
—
Deed
related
$2,205,000 · The Pennsylvania Industrial Development
May 18, 2021
—
Flex Cell Real Estate Management Ll
—
Deed
related
$2,205,000 · First National Bank Of Pennsylvania
May 11, 2021
—
Flex Cell Real Estate Management Ll
Flex Cell Real Estate Management Ll
Intrafamily Transfer
related
—
Jul 29, 2011
$685,000
Flex-cell Real Estate Mgmt LLC
Sbn Reo LLC
Grant Deed
$475,000 · Metropolitan Bank
Jul 28, 2011
—
Sbn Reo LLC
Sbn Reo LLC
Quit Claim Deed
—
Oct 8, 2010
$11,922
Sbn Reo LLC
Sheriff Of Lancaster County
Trustees Deed
related
—
Apr 22, 2008
—
Distinguished Brands INC
Edc Finance Corp
Grant Deed
—
—
—
Flex-cell Real Estate Mgmt LLC
—
Deed Of Trust
related
$391,000 · Edc Financial Corp
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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