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Property profile & analytics
OFF-MARKET
Commercial land
131 King St Lancaster, PA 17602-2803
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-5682991
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.02 ac (871 SF)
Zoning code
CB
APN
332-74975-0-0000
UPID
US73-5682991
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Excelsior LLC · 11 yrs held
Excelsior LLC
since 2014
7 recorded transactions
Zoning & alternative use
CB · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rojections. § 300-38 Hospital Complex District. § 300-39 Floodplain District. § 300-40 Green incentives and standards; solar facilities. § 300-24 Visibility at intersections. On a corner lot in all districts, except the CB and CB1 Districts, nothing shall be erected, placed, planted, or allowed to grow in such a manner as to block vision between a height of…
Zone name
Commercial Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
80.61 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,891
Tax year 2024
Assessed value
$47,800
Assessed 2024
Previous assessed
$47,800
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$47,800
Land market value
$47,800
Total market value
$47,800
Applied tax rate
332.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.02 ac (871 SF)
Zoning code
CB
APN
332-74975-0-0000
UPID
US73-5682991
Jurisdiction
LANCASTER
Zoning & alternative use
CB · Lancaster, PAZoning CB · permitted uses
CB · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rojections. § 300-38 Hospital Complex District. § 300-39 Floodplain District. § 300-40 Green incentives and standards; solar facilities. § 300-24 Visibility at intersections. On a corner lot in all districts, except the CB and CB1 Districts, nothing shall be erected, placed, planted, or allowed to grow in such a manner as to block vision between a height of three feet and 10 feet from grade within the triangular area established by the pl
Zone name
Commercial Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
80.61 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.02 ac
Current owner
From public records · entity-resolved
Excelsior LLC
Entity
Mailing address
210 N GEORGE ST, MILLERSVILLE, PA 17551-1809
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2023
—
Excelsior LLC
—
Deed
related
$1,031,000 · Acnb Bank
Apr 13, 2018
—
Excelsior LLC
—
Deed
related
$15,000 · Peoples Bank
Aug 30, 2017
—
Excelsior LLC
—
Grant Deed
related
$1,200,000 · Peoples Bk
Nov 1, 2016
—
Excelsior LLC
—
Deed
related
$860,000 · Edc Fin
Dec 1, 2014
$225,000
Excelsior LLC
Two Forty Associates
Grant Deed
—
Dec 20, 2007
$100,000
Two Forty Associates
Redevelopment Authority Of City/l
Grant Deed
—
—
—
Excelsior LLC
—
Deed Of Trust
related
$1,195,000 · Community First Fnd
—
—
Excelsior LLC
—
Deed Of Trust
related
$835,000 · Community First Fnd
—
—
Excelsior LLC
—
Deed Of Trust
related
$860,000 · Edc Fin
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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