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Financial
Distress signals
Property profile

16 Queen St Lancaster, PA 17603

OFF-MARKET
Banks
Property ID
US73-0990475
34,188 SF 0.03 ac lot Built 1974
Last sale Oct 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$109k
Tax billed · 2024
Assessed value$2.76M
Assessed land$56k
Assessed improvement$2.70M
Effective rate3.96%

Value estimate

· Oct 2026
$1.55M
$1.40M – $1.71M
AI approach$1.55M
Submarket $/SF estimate$3.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$409/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$210 – $545

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB1
The CB1 District is the commercial and cultural core of the Central Business District. In order to encourage intense, positive pedestrian...
General categoryCOMMERCIAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.9
Dry Cleaner10.6
Plumbing Service10.5

Location

16 Queen St Lancaster, PA 17603
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
602 Queen, Lancaster, PA 17603-3064 $1,350,000 Feb 2026 7,300 SF
217 Pne, Lancaster, PA 17603-3434 $715,000 Dec 2024 9,579 SF
50 Queen, Lancaster, PA 17603-4292 $2,750,000 Sep 2024 16,084 SF
12 Orange, Lancaster, PA 17603 $2,750,000 Jun 2024 9,926 SF
54 Queen, Lancaster, PA 17603 $2,750,000 Jun 2024 9,099 SF
121 Centerville, Lancaster, PA 17603-4006 $2,000,000 Apr 2024 7,917 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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