Financial
Distress signals
Property profile

12 Queen St Lancaster, PA 17603

OFF-MARKET
Retail space
Property ID
US73-1996340
5,232 SF 0.05 ac lot Built 1915
Last sale Apr 2026 · $860,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Downtown Lancaster City, this mixed-use building is positioned across from the Lancaster County Convention Center and on the same block as the Willow Valley Mosaic project. The property is zoned CB1 Central Business Core and sits on a lot of 0.05 acres. The first floor contains two commercial spaces, each served by mini-split heating and air conditioning, while the second and third floors each contain a two-bedroom apartment. Each apartment layout includes a living room, a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$331k
Assessed land$66k
Assessed improvement$264k
Effective rate3.96%

Value estimate

· Sep 2026
$515k
$464k – $567k
AI approach$515k
CAP approach$945k
Submarket $/SF estimate$650k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$218/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$133 – $315
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB1
The CB1 District is the commercial and cultural core of the Central Business District. In order to encourage intense, positive pedestrian...
General categoryCOMMERCIAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.9
Dry Cleaner10.6
Plumbing Service10.5

Location

12 Queen St Lancaster, PA 17603-3914
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
602 Queen, Lancaster, PA 17603-3064 $1,350,000 Feb 2026 7,300 SF
701 Columbia, Lancaster, PA 17603-3634 $1,600,000 Jul 2024 6,729 SF
54 Queen, Lancaster, PA 17603 $2,750,000 Jun 2024 9,099 SF
121 Centerville, Lancaster, PA 17603-4006 $2,000,000 Apr 2024 7,917 SF
247 Queen, Lancaster, PA 17603-3551 $765,000 Mar 2024 4,272 SF
10 Market, Lancaster, PA 17603-3812 $800,000 Dec 2023 6,950 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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