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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office Spaces
1991 Tpke Rd Elizabethtown, PA 17022-9542
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0335482
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
FRAME
Total area
7,017 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R
APN
160-08870-0-0000
UPID
US73-0335482
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$590k
Owner & transaction history
Vanessa L Elliott · 13 yrs held
Vanessa L Elliott
since 2012
5 recorded transactions
Zoning & alternative use
R · Elizabethtown, 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 Elizabethtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethtown 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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$84 / 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
$7,316
Tax year 2024
Assessed value
$306,400
Assessed 2024
Previous assessed
$306,400
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$51,200
Assessed improvement
$255,200
Land market value
$51,200
Improvement market value
$255,200
Total market value
$306,400
Applied tax rate
160.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1984
Construction
FRAME
Heating
ELECTRIC
Stories
1
Total area
7,017 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R
APN
160-08870-0-0000
UPID
US73-0335482
Jurisdiction
LANCASTER
Zoning & alternative use
R · Elizabethtown, PAZoning R · permitted uses
R · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
FRAME
Heating
ELECTRIC
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Vanessa L Elliott
Individual
Mailing address
1999 TPKE RD, ELIZABETHTOWN, PA 17022-9542
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2017
—
Matthew T Elliot
—
Deed
related
$250,000 · First National Bank
Sep 4, 2012
$510,000
Vanessa L Elliott
K Murphy & Co INC
Grant Deed
$510,000 · Fulton Bank
Apr 25, 2011
$325,000
K Murphy & Co INC
Union Natl Cmnty Bk
Grant Deed
—
Jun 10, 2010
$11,152
Natl Cmnty Bk Union
Sheriff Of Lancaster County
Trustees Deed
related
—
—
—
Wade Pickel
—
Deed Of Trust
related
$140,000 · Charm House INC
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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