Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Investment properties
202 James St Lancaster, PA 17603-2910
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5880367
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
BRICK
Total area
9,724 SF
Lot
0.17 ac (7,405 SF)
Zoning code
MU
APN
339-62276-0-0000
UPID
US73-5880367
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
-
Richard F. Mulá Architects Architect Interior Designer
-
Select Building Services General Contractor
-
Mula Architects Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.57M
Owner & transaction history
W James St LLC · 3 yrs held
W James St LLC
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
MU · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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%
$2,015,000
6.5%
$1,860,000
7%
$1,725,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,520,000
Current use
MEDICAL BUILDING
$2,215,000
Change: -12% · Conversion: Easy
RETAIL STORES
$2,115,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.55M (Sep 13 2022)
Last sale anchor
$1.55M
Sep 13 2022
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
$161 / 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
$17,976
Tax year 2024
Assessed value
$454,300
Assessed 2024
Previous assessed
$454,300
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$56,300
Assessed improvement
$398,000
Land market value
$56,300
Improvement market value
$398,000
Total market value
$454,300
Applied tax rate
339.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
9,724 SF
Lot
0.17 ac (7,405 SF)
Zoning code
MU
APN
339-62276-0-0000
UPID
US73-5880367
Jurisdiction
LANCASTER
Zoning & alternative use
MU · Lancaster, PA
Zoning MU · permitted uses
MU · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1920
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
W James St LLC
Entity
Mailing address
120 N SCHOOL LN, LANCASTER, PA 17603-2511
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
—
West James St LLC
—
Deed
related
$1,000,000 · Peoples Savings Bank
Oct 3, 2022
$1,550,000
W James St LLC
Rjr James Street LLC
Correction Deed
related
—
Sep 13, 2022
$1,550,000
W James St LLC
Rjr James Street LLC
Deed
—
Jan 28, 2021
—
Rjr James Street LLC
—
Deed
related
$500,000 · Peoplesbank/cordorus Vly
Jan 5, 2011
$550,000
Rjr James Street LLC
Land Holding
Grant Deed
$400,000 · Pnc Bank
Aug 9, 2010
$10,225
Holding Land
Sheriff Of Lancaster County
Trustees Deed
related
—
Feb 4, 2008
—
Second Wind LLC
—
Trustees Deed
related
$70,000 · Union National Community Bank
Nov 30, 2005
$975,000
Second Wind LLC
Galcon Properties LLC
Grant Deed
$760,000 · Pnc Bank
Mar 5, 2003
$160,000
Galcon Properties LLC
Sugarwala,shiraz T & Darlene M
Grant Deed
—
—
—
Second Wind LLC
—
Deed Of Trust
related
$110,000 · Union National Community Bank
—
—
Galcon Properties LLC
—
Deed Of Trust
related
$260,000 · South Eastern Economic Dev Pa
—
—
Galcon Properties LLC
—
Deed Of Trust
related
$260,000 · Fulton Bank
—
—
Galcon Properties LLC
—
Deed Of Trust
related
$208,000 · Fulton Bank
—
—
Rjr James Street LLC
—
Deed Of Trust
related
$500,000 · Peoplesbank/cordorus Vly
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 202 James St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
