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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office Spaces
142 Main St New Holland, PA 17557-1274
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0322999
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1900
Construction
BRICK
Total area
8,656 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C-1
APN
480-57133-0-0000
UPID
US73-0322999
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
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$481k
Blend (final)
Blend
$725k
Owner & transaction history
David W Lapp · 5 yrs held
David W Lapp
since 2020
Last sale
$461,000
5 recorded transactions
Zoning & alternative use
C-1 · New Holland, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 New Holland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Holland 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
$770,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $461k (Aug 25 2020)
Last sale anchor
$461k
Aug 25 2020
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
$84 / 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
$7,233
Tax year 2024
Assessed value
$362,400
Assessed 2024
Previous assessed
$362,400
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$89,200
Assessed improvement
$273,200
Land market value
$89,200
Improvement market value
$273,200
Total market value
$362,400
Applied tax rate
480.0000
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
1900
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
4
Total area
8,656 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C-1
APN
480-57133-0-0000
UPID
US73-0322999
Jurisdiction
LANCASTER
Zoning & alternative use
C-1 · New Holland, PA
Zoning C-1 · permitted uses
C-1 · New Holland, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Holland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
4
Lot
0.38 ac
Current owner
From public records · entity-resolved
David W Lapp
Individual
Mailing address
1442 BRIERTOWN RD, EAST EARL, PA 17519-9402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2020
$461,000
David W Lapp
Investments & Improvements LLC
Deed
$348,000 · Bank Of Bird In Hand
Jul 1, 2015
$405,000
Investments & Improvements LLC
Stoney Ledge Ents LLC
Grant Deed
$380,000 · Bank Of Bird-in-hand
Jan 21, 2009
$375,000
Stoney Ledge Ents LLC
Weinhold,chris R & Sheri L
Grant Deed
$262,500 · Ephrata National Bank
Jan 30, 2008
—
Chris R Weinhold
Monger,scott R & Diana M
Grant Deed
related
$306,000 · Ephrata National Bank
—
—
Scott R Monger
—
Deed Of Trust
related
$150,000 · Ephrata National 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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