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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Day care centers
150 Queen St Lancaster, PA 17603-5318
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1043968
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1918
Construction
FRAME
Total area
6,624 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CB
APN
334-97322-0-0000
UPID
US73-1043968
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
-
Lancaster County District Court 02-2-02 City Courthouse
-
Community Resources County Government Office
-
Information Technology Department County Government Office
-
Lancaster Inter-Municipal Comm City Government Office
-
MHMREI Administrative Office County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Lancaster Day Care Center · 5 yrs held
Lancaster Day Care Center
since 2020
2 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
Method
Estimation
Statistic approach
by Request
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
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
$88 / 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
$18,352
Tax year 2024
Assessed value
$463,800
Assessed 2024
Previous assessed
$463,800
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$75,000
Assessed improvement
$388,800
Land market value
$75,000
Improvement market value
$388,800
Total market value
$463,800
Applied tax rate
334.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1918
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
6,624 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CB
APN
334-97322-0-0000
UPID
US73-1043968
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
Year built
1918
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Lancaster Day Care Center
Individual
Mailing address
150 S QUEEN ST, LANCASTER, PA 17603-5318
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Lancaster Day Care Center
—
Deed
related
$100,000 · Truist Bank
—
—
Lancaster Day Nursery
—
Deed Of Trust
related
$100,000 · Pnc 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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