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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office Spaces
2011 State St East Petersburg, PA 17520
Entity Owned
~
Est. High Equity
Property ID
US73-5748873
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1890
Construction
BRICK
Total area
3,248 SF
Lot
0.19 ac (8,276 SF)
Zoning code
NC
APN
220-01269-0-0000
UPID
US73-5748873
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
$435k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$833k
Blend (final)
Blend
$615k
Owner & transaction history
Mary Realty LLC
Mary Realty LLC
since 2026
7 recorded transactions
Zoning & alternative use
NC · East Petersburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
NC Neighborhood Commercial District. To provide business opportunities while seeking to develop a central community focus for the Borough. To promote a pedestrian-friendly and bicycle-friendly environment. To promote an appropriate mix of retail, service, office, public, institutional and residential uses. To avoid heavy commercial uses that are most likely…
Zone name
Neighborhood Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
57.82 ac
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
$435,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$795,000
Current use
MEDICAL BUILDING
$655,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$189 / 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
$7,253
Tax year 2024
Assessed value
$277,600
Assessed 2024
Previous assessed
$277,600
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$112,500
Assessed improvement
$165,100
Land market value
$112,500
Improvement market value
$165,100
Total market value
$277,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1890
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
3,248 SF
Lot
0.19 ac (8,276 SF)
Zoning code
NC
APN
220-01269-0-0000
UPID
US73-5748873
Jurisdiction
LANCASTER
Zoning & alternative use
NC · East Petersburg, PAZoning 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
Zoning description
NC Neighborhood Commercial District. To provide business opportunities while seeking to develop a central community focus for the Borough. To promote a pedestrian-friendly and bicycle-friendly environment. To promote an appropriate mix of retail, service, office, public, institutional and residential uses. To avoid heavy commercial uses that are most likely to conflict with the historic and scenic character and most likely to cause conflicts with homes. (5) HC Highway Commercial District. To provide for a wide range of commercial uses. (6) LI Light Industrial District. To provide for industrial and certain types of commercial development in a manner that is compatible with any nearby homes and the surrounding environment. To carefully control the types of industrial operations to avoid nuisances and environmental hazards. (7) REC Recreation District. To recognize parks, playgrounds and other public recreation areas. (8) H Historic Overlay District. See § 124-310 .
Zone name
Neighborhood Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
57.82 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$795,000
MEDICAL BUILDING
Est. value
$655,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1890
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Mary Realty LLC
Entity
Mailing address
760 GOOSE NCK DR, LITITZ, PA 17543-6629
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Apr 29, 2026
—
Mary Realty LLC
—
Deed
related
$350,000 · Bank Of Bird-in-hand
Apr 22, 2021
—
Jack E Teaman
—
Deed
related
$252,000 · Orrstown Bank
Jun 13, 2018
—
Jack E Teamanq
—
Deed
related
$294,633 · Branch Bk&tr
—
—
Jack E Teaman
—
Deed Of Trust
related
$75,000 · Blue Ball National Bank
—
—
Jack E Teaman
—
Deed Of Trust
related
$150,000 · Blue Ball National Bank
—
—
Jack E Teaman
—
Deed Of Trust
related
$110,000 · Blue Ball National Bank
—
—
Jack E Teamanq
—
Deed Of Trust
related
$294,633 · Branch Bk&tr
—
—
Jack E Teaman
—
Deed Of Trust
related
$484,000 · Blue Ball National 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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