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Property profile & analytics
OFF-MARKET
Retail space
2 Brg St Christiana, PA 17509-1701
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-5623338
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
2,248 SF
Lot
0.09 ac (3,920 SF)
Zoning code
V
APN
060-87139-0-0000
UPID
US73-5623338
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Melvin E King · 17 yrs held
Melvin E King
since 2008
7 recorded transactions
Zoning & alternative use
V · Christiana, 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 Christiana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Christiana 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,294
Tax year 2024
Assessed value
$156,900
Assessed 2024
Previous assessed
$156,900
+0.0% YoY
Effective rate
3.37%
On assessed value
Assessed land
$43,400
Assessed improvement
$113,500
Land market value
$43,400
Improvement market value
$113,500
Total market value
$156,900
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Units
4
Total area
2,248 SF
Lot
0.09 ac (3,920 SF)
Zoning code
V
APN
060-87139-0-0000
UPID
US73-5623338
Jurisdiction
LANCASTER
Zoning & alternative use
V · Christiana, PA
Zoning V · permitted uses
V · Christiana, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Christiana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Units
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
Melvin E King
Individual
Mailing address
809 NARVON RD, NARVON, PA 17555-9407
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2008
$260,000
Melvin E King
Esch,leroy S JR
Grant Deed
—
Jan 11, 2006
$240,000
Leroy S Esch JR.
Feerrar,h E
Grant Deed
—
Mar 25, 2002
$100,000
H E Feerrar
Elisha T Shivery Estate
Grant Deed
—
—
—
Leroy S Esch JR.
—
Deed Of Trust
related
$20,000 · Hometowne Heritage Bank
—
—
H E Feerrar
—
Deed Of Trust
related
$340,000 · Blue Ball National Bank
—
—
Leroy S Esch JR.
—
Deed Of Trust
related
$20,000 · Hometowne Heritage Bank
—
—
Leroy S Esch JR.
—
Deed Of Trust
related
$120,000 · Hometowne Heritage 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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