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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Medical Office Space
1890 State St, East Petersburg, PA 17520-1323
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-2065307
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1950
Construction
FRAME
Total area
8,178 SF
Lot
0.94 ac (40,946 SF)
Zoning code
NC
APN
220-50485-0-0000
UPID
US73-2065307
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
-
Dinse Dental Care Dental Office
-
Radiant Relief Massage Therapy LLC Alternative Medicine Practice Spa & Massage Center
-
Dr. Daniel Dinse Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.26M
Owner & transaction history
Verdan Properties LLC · 17 yrs held
Verdan Properties LLC
since 2009
6 recorded transactions
Zoning & alternative use
NC · East Petersburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+21.2%
Restaurant
$1.7M
+0.6%
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 East Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Petersburg 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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,650,000
Current use
COMMERCIAL (GENERAL)
$1,995,000
Change: +21% · Conversion: Easy
RESTAURANT
$1,655,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,360,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$1,320,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$154 / 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
$26,893
Tax year 2024
Assessed value
$1,029,300
Assessed 2024
Previous assessed
$1,029,300
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$195,500
Assessed improvement
$833,800
Land market value
$195,500
Improvement market value
$833,800
Total market value
$1,029,300
Applied tax rate
220.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
8,178 SF
Lot
0.94 ac (40,946 SF)
Zoning code
NC
APN
220-50485-0-0000
UPID
US73-2065307
Jurisdiction
LANCASTER
Zoning & alternative use
NC · East Petersburg, PA
Zoning NC · permitted uses
NC · East Petersburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Petersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1950
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Verdan Properties LLC
Entity
Mailing address
219 DOGWOOD DR, ELIZABETHTOWN, PA 17022-9447
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2018
—
Verdan Properties LLC
—
Deed
related
$110,000 · Union Community Bank
Aug 22, 2017
—
Verdan Properties LLC
—
Deed
related
$100,000 · Union Community Bank
Jan 18, 2017
—
Verdan Properties LLC
—
Deed
related
$819,775 · Union Community Bank
Mar 20, 2009
$430,000
Verdan Properties LLC
Davis,james T & Joyce M
Grant Deed
$607,500 · Union National Community Bank
—
—
Verdan Properties LLC
—
Deed Of Trust
related
$492,000 · Edc Financial Corp
—
—
Verdan Properties LLC
—
Deed Of Trust
related
$607,500 · Union National Community 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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