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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Medical Office Space
137 28th Division Hwy Lititz, PA 17543-9798
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5604123
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1900
Construction
FRAME
Total area
6,976 SF
Lot
0.78 ac (33,977 SF)
Zoning code
HC
APN
240-62358-0-0000
UPID
US73-5604123
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$909k
Blend (final)
Blend
$670k
Owner & transaction history
Ag Vet Properties LLC · 4 yrs held
Ag Vet Properties LLC
since 2021
Last sale
$587,000
7 recorded transactions
Zoning & alternative use
HC · Lititz, PA
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 Lititz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lititz 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
$715,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $587k (Aug 18 2021)
Last sale anchor
$587k
Aug 18 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
$96 / 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
$8,636
Tax year 2024
Assessed value
$434,600
Assessed 2024
Previous assessed
$434,600
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$89,500
Assessed improvement
$345,100
Land market value
$89,500
Improvement market value
$345,100
Total market value
$434,600
Applied tax rate
240.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Rooms
6
Bathrooms
1
Total area
6,976 SF
Lot
0.78 ac (33,977 SF)
Zoning code
HC
APN
240-62358-0-0000
UPID
US73-5604123
Jurisdiction
LANCASTER
Zoning & alternative use
HC · Lititz, PAZoning HC · permitted uses
HC · Lititz, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Microsoft Word - ZO cover
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Ag Vet Properties LLC
Entity
Mailing address
137 E 20TH 8TH DV HWY, LITITZ, PA 17543
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
Aug 18, 2021
$587,000
Ag Vet Properties LLC
Brickerville Scheier Properties LLC
Deed
$498,950 · Fulton Bank NA
Sep 29, 2008
$420,000
Brickerville Scheier Propertie
Mentzer,mark A & Carol K
Grant Deed
$336,000 · Fulton Bank
Sep 9, 2008
—
Mark A Mentzer
Mentzer,mark A
Quit Claim Deed
related
—
Jun 16, 2004
$249,900
Mark A Mentzer
Harmell Enterprises INC Ttee
Grant Deed
$150,000 · Province Bank
Jan 14, 2004
$116,000
Harmell Enterprises INC Ttee
Lancaster County Tax Claim Bur
Grant Deed
—
—
—
Jane A Krow
—
Deed Of Trust
related
$14,600 · Allfirst Bank
—
—
Mark A Mentzer
—
Deed Of Trust
related
$100,000 · Province Bank
—
—
Mark A Mentzer
—
Deed Of Trust
related
$75,000 · Province 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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