Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
207 King St Lancaster, PA 17603-3720
Entity Owned
~
Est. High Equity
Property ID
US73-5523989
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1860
Construction
BRICK
Total area
2,424 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CB
APN
331-01189-0-0000
UPID
US73-5523989
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
-
Adrian The Barber Barber Shop
-
RED ROSE TAG & NOTARY Law Firm
-
Conexion Latina Insurance Agency
-
Chop Shop Barber Shop Barber Shop
-
Esharp Barber stylist Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$440k
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$560k
Owner & transaction history
Valley View Capital LLC
Valley View Capital LLC
since 2026
Last sale
$495,000
6 recorded transactions
Zoning & alternative use
CB · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$630,000
+19.0%
Medical building
$550,000
+4.5%
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
$730,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$475,000
6.5%
$440,000
7%
$410,000
Alternative Use
Use
Estimation
RETAIL STORES
$530,000
Current use
COMMERCIAL (GENERAL)
$630,000
Change: +19% · Conversion: Easy
MEDICAL BUILDING
$550,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $495k (Feb 12 2026)
Last sale anchor
$495k
Feb 12 2026
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
$231 / 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
$7,526
Tax year 2024
Assessed value
$190,200
Assessed 2024
Previous assessed
$190,200
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$56,300
Assessed improvement
$133,900
Land market value
$56,300
Improvement market value
$133,900
Total market value
$190,200
Applied tax rate
331.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1860
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
2
Total area
2,424 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CB
APN
331-01189-0-0000
UPID
US73-5523989
Jurisdiction
LANCASTER
Zoning & alternative use
CB · Lancaster, PA
Zoning CB · permitted uses
CB · 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
RETAIL STORES Current
Est. value
$530,000
COMMERCIAL (GENERAL)
Est. value
$630,000
MEDICAL BUILDING
Est. value
$550,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1860
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Valley View Capital LLC
Entity
Mailing address
816 WATERFRONT DR, LANCASTER, PA 17602-4122
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
$495,000
Valley View Capital LLC
Bray & B Properties LLC
Deed
$495,000 · Timothy Funk
Mar 30, 2022
$440,000
Bray & B Properties LLC
Hermes Almaguer
Deed
$327,750 · S & T Bank
Aug 15, 2014
$16,000
Wy Ents LLC
Almaguer,hermes
Grant Deed
—
Jul 13, 2012
$220,000
Hermes Almaguer
Younger,harry J JR & Christine E
Grant Deed
$190,000 · William J Boyd
Apr 1, 2008
$200,000
Harry J Younger JR.
Boyd,william J & Phyllis G
Grant Deed
$190,000 · William J Boyd
—
—
William J Boyd
—
Deed Of Trust
related
$200,000 · Susquehanna Bank Pa
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 207 King 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.
