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Property profile & analytics
FOR LEASE
Retail space

1170 Erbs Quarry Rd Lititz, PA 17543

6,678 SF 1.6 ac lot Built 2014
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-4093798
1170 Erbs Quarry Rd, Lititz, PA 17543 For Lease
Contact for pricing 1,773 SF available
1170 Erbs Quarry Rd, Lititz, PA 17543
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Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction BRICK
Total area 6,678 SF
Lot 1.6 ac (69,696 SF)
Zoning code R-1
APN 390-78472-0-0000
UPID US73-4093798
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
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$724k
Blend (final) Blend
$780k
Owner & transaction history
Mary Realty LLC · 3 yrs held
Mary Realty LLC
since 2022
Last sale
$598,500
5 recorded transactions
2022
$598,500
2020
Price N/A
2013
Price N/A
2011
$319,600
2004
$205,000
Zoning & alternative use
R-1 · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 207. R-1 Residential District. A. Purpose. The purpose of this District is to promote the continuation of medium density residential neighborhoods and to protect such neighborhoods from incompatible land uses. Single-family detached dwellings represent the most prevalent land use throughout this District. Certain nonresidential uses, which are compat…

Zone name Residential District
General category RESIDENTIAL
Zone area 614.20 ac
Source Microsoft Word - ZO cover
Top alternative use upside
Auto repair, garage $1.1M +3.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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