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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Office Spaces
1180 Zeager Rd Elizabethtown, PA 17022-8754
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0069424
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1974
Construction
STEEL FRAME
Total area
12,696 SF
Lot
6.77 ac (294,901 SF)
Zoning code
I
APN
160-43272-0-0000
UPID
US73-0069424
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
$2.43M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$2.17M
Owner & transaction history
West Donegal Township · 20 yrs held
West Donegal Township
since 2005
7 recorded transactions
Zoning & alternative use
I · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+26.7%
Medical building
$2.6M
+26.0%
Auto repair, garage
$2.1M
+4.2%
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 Elizabethtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethtown 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%
$2,630,000
6.5%
$2,425,000
7%
$2,255,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,030,000
Current use
RESTAURANT
$2,575,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$2,560,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,115,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$2,020,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±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
$171 / 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
$22,811
Tax year 2024
Assessed value
$955,300
Assessed 2024
Previous assessed
$955,300
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$245,800
Assessed improvement
$709,500
Land market value
$245,800
Improvement market value
$709,500
Total market value
$955,300
Applied tax rate
160.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
1
Total area
12,696 SF
Lot
6.77 ac (294,901 SF)
Zoning code
I
APN
160-43272-0-0000
UPID
US73-0069424
Jurisdiction
LANCASTER
Zoning & alternative use
I · Elizabethtown, PAZoning I · permitted uses
I · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1974
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
6.77 ac
Current owner
From public records · entity-resolved
West Donegal Township
Individual
Mailing address
6140 POPLAR PATH, ELIZABETHTOWN, PA 17022-8703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Douglas C Lamb
—
Deed
related
$1,000,000 · Bank Of Bird In Hand
Feb 9, 2026
—
Douglas C Lamb
—
Deed
related
$550,000 · Bank Of Bird In Hand
Dec 26, 2019
—
Douglas C Lamb
—
Deed
related
$410,000 · First National Bank Of Pennsylvania
Feb 2, 2006
—
Douglas C Lamb
—
Trustees Deed
related
$515,000 · Union National Community Bank
Dec 14, 2005
—
West Donegal Township
Lamb,douglas C & Faith A
Grant Deed
—
Oct 9, 2003
$363,000
Douglas C Lamb
Pbb Property Holdings LLC
Grant Deed
$289,000 · Union National Community Bank
Jul 22, 2002
—
Pbb Property Holding LLC
Mpiii Holdings INC
Grant Deed
related
—
—
—
Douglas C Lamb
—
Loan Modification
related
$750,000 · Metropolitan Bank
—
—
Douglas C Lamb
—
Deed Of Trust
related
$495,000 · Metropolitan Bank
—
—
Douglas C Lamb
—
Deed Of Trust
related
$420,000 · Metropolitan Bank
—
—
Douglas C Lamb
—
Deed Of Trust
related
$750,000 · Union National Community Bank
—
—
Douglas C Lamb
—
Deed Of Trust
related
$500,000 · Union National Community 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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