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Property profile & analytics
OFF-MARKET
Estimated value
$4,075,000
Motels
1492 Lititz Pike Lancaster, PA 17601-6504
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5834789
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
BRICK
Total area
22,200 SF
Lot
4.3 ac (187,308 SF)
Zoning code
B-4
APN
390-19432-0-0000
UPID
US73-5834789
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
Current use
Occupant on record · Public records
-
Aire Hotel Lancaster Dutch Wonderland Hotel & Motel
-
Jalaram Dham of Central PA Charitable Organization Social Service Agency
-
Rodeway Inn Hotel & Motel
-
Gurudwara Sahib of Lancaster County Temple
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.86M
CAP Approach
CAP
$2.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.08M
Owner & transaction history
Golden Lancaster LLC · 3 yrs held
Golden Lancaster LLC
since 2022
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
B-4 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+4.5%
Medical building
$5.1M
+2.1%
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
Method
Estimation
Statistic approach
$4,880,000
ML approach
$4,860,000
CAP Approach
CAP Return
Estimation
6%
$2,845,000
6.5%
$2,630,000
7%
$2,440,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,950,000
Current use
RESTAURANT
$5,170,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$5,055,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$4,510,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±10% · vs last sale $4.00M (Aug 29 2022)
Last sale anchor
$4.00M
Aug 29 2022
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
$184 / 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
$58,648
Tax year 2024
Assessed value
$2,710,500
Assessed 2024
Previous assessed
$2,710,500
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$672,500
Assessed improvement
$2,038,000
Land market value
$672,500
Improvement market value
$2,038,000
Total market value
$2,710,500
Applied tax rate
390.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1963
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Buildings
5
Stories
1
Total area
22,200 SF
Lot
4.3 ac (187,308 SF)
Zoning code
B-4
APN
390-19432-0-0000
UPID
US73-5834789
Jurisdiction
LANCASTER
Zoning & alternative use
B-4 · Lancaster, PAZoning B-4 · permitted uses
B-4 · Lancaster, 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
HOTEL/MOTEL Current
Est. value
$5.0M
RESTAURANT
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$4.5M
HOTEL/MOTEL Current
RESTAURANT
MEDICAL BUILDING
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
1963
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
5
Lot
4.3 ac
Current owner
From public records · entity-resolved
Golden Lancaster LLC
Entity
Mailing address
153 BUCKWALTER RD, LANCASTER, PA 17602-3402
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Golden Lancaster LLC
—
Deed
related
$1,000,000 · Jonestown Bank & Trust Co
Feb 27, 2023
—
Golden Lancaster LLC
—
Deed
related
$1,350,000 · Jonestown Bank & Trust Co
Aug 29, 2022
$2,930
Golden Lancaster LLC
Jmb Properties LP
Sheriffs Deed
related
—
Aug 7, 2008
$4,000,000
Jmb Properties
Leesburg Investments LLC
Deed Of Trust
$5,080,000 · Fulton Bank
Jul 9, 2007
$13,000
Leesburg Investments LLC
Manheim Township Development Co
Deed
$3,052,234 · Lebanon Valley Farmers Bank
Mar 31, 2006
$2,325,000
Leesburg Investments LLC
Presidential Bank Fsb
Deed
$1,920,000 · Lebanon Valley Farmers Bank
Jun 21, 2005
$21,297
Presidential Bank Fsb
Sheriff Of Lancaster County
Trustees Deed
related
—
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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