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Property profile & analytics
FOR LEASE
Commercial real estate
1570 Fruitville Pike, Lancaster, PA 17601
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-0131102
For Lease
$7,545,000
1570 Fruitville Pike, Lancaster, PA 17601
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2019
Total area
59,652 SF
Lot
9 ac (392,040 SF)
Zoning code
CM
APN
339-63161-0-0000
UPID
US73-0131102
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
-
LG Health Physicians Roseville Pediatrics CityGate Lancaster Pediatrician Medical Clinic
-
Stifel Financial Advisor
-
Abbey Marie Oatman, PA-C Medical Clinic
-
Mariah Swisher, CRNP Pediatrician Medical Clinic
-
Baker Tilly Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.49M
Blend (final)
Blend
$7.55M
Owner & transaction history
1570 Citygate LLC · 8 yrs held
1570 Citygate LLC
since 2018
7 recorded transactions
Zoning & alternative use
CM · Lancaster, 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.55M
Range $6.79M – $8.30M · ±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
$126 / 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
$42,735
Tax year 2024
Assessed value
$1,080,000
Assessed 2024
Previous assessed
$1,080,000
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$810,000
Assessed improvement
$270,000
Land market value
$810,000
Improvement market value
$270,000
Total market value
$1,080,000
Applied tax rate
339.0000
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 real estate
Use group
COMMERCIAL CONDOMINUIM
Status
For Lease
Year built
2019
Heating
YES
Cooling
YES
Total area
59,652 SF
Lot
9 ac (392,040 SF)
Zoning code
CM
APN
339-63161-0-0000
UPID
US73-0131102
Jurisdiction
LANCASTER
Zoning & alternative use
CM · Lancaster, PA
Zoning CM · permitted uses
CM · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
YES
Cooling
Yes
Lot
9 ac
Current owner
From public records · entity-resolved
1570 Citygate LLC
Entity
Mailing address
1650 MANHEIM PIKE STE #201, LANCASTER, PA 17601-3088
Ownership since
2018
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
Nov 20, 2018
—
1570 Citygate LLC
—
Deed
related
$196,000 · Fulton Bank NA
Jun 20, 2018
—
1570 Citygate LLC
1570 Citygate LLC
Quit Claim Deed
related
—
Jun 19, 2018
—
1570 Citygate LLC
—
Grant Deed
related
$13,002,000 · Fulton Bk NA
Jan 9, 2018
$750,000
1570 Citygate LLC
Lepore Robert N
Grant Deed
—
Jun 1, 2016
—
Robert N Lepore
—
Deed
related
$757,000 · Fulton Bank NA
Aug 5, 2005
$650,000
Robert N Lepore
Henry E Martin & Sons
Grant Deed
$600,000 · Fulton Bank
—
—
Robert N Lepore
—
Deed Of Trust
related
$450,000 · Fulton Bank
—
—
1570 Citygate LLC
—
Deed Of Trust
related
$3,000,000 · Commonwealth Financing Auth
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.
Try Rey
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