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Property profile & analytics
OFF-MARKET
Warehouses
2108 New Danville Pike Lancaster, PA 17603-9506
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5744764
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
FRAME
Total area
7,522 SF
Lot
2.2 ac (95,832 SF)
Zoning code
R-1
APN
510-17397-0-0000
UPID
US73-5744764
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
-
Eagle Foods Specialty Food Shop
-
Country Boy Meats Take-out & Catering Butcher
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
Judy Velazquez · 2 yrs held
Judy Velazquez
since 2023
Last sale
$300,000
6 recorded transactions
Zoning & alternative use
R-1 · 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
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
$5,738
Tax year 2024
Assessed value
$256,000
Assessed 2024
Previous assessed
$256,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$86,800
Assessed improvement
$169,200
Land market value
$86,800
Improvement market value
$169,200
Total market value
$256,000
Applied tax rate
510.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
HOT WATER
Cooling
NONE
Buildings
2
Stories
2
Rooms
11
Bathrooms
4
Total area
7,522 SF
Lot
2.2 ac (95,832 SF)
Zoning code
R-1
APN
510-17397-0-0000
UPID
US73-5744764
Jurisdiction
LANCASTER
Zoning & alternative use
R-1 · Lancaster, PA
Zoning R-1 · permitted uses
R-1 · 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.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Rooms
11
Bathrooms
4
Lot
2.2 ac
Current owner
From public records · entity-resolved
Judy Velazquez
Individual
Mailing address
116 BETHESDA CHURCH RD W, HOLTWOOD, PA 17532-9746
Ownership since
2023
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
Nov 16, 2023
—
Judy Velazquez
Freddy Velazquez
Intrafamily Transfer
related
—
Apr 27, 2018
$300,000
Freddy Velazquez
Corporate Venture Group
Grant Deed
$100,000 · Corporate Venture Group
Apr 18, 2018
$2,432
Corporate Venture Group
Sheriff Of Lancaster County|mummert,ray L & Cather
Trustees Deed
related
—
Oct 3, 2008
—
Ray L Mummert
Velazquez,judy I
Grant Deed
related
—
Jun 26, 2003
$249,000
Ray L Mummert
C H Thomas & Sons INC
Grant Deed
$199,200 · Wachovia Bank NA
—
—
Ray L Mummert
—
Deed Of Trust
related
$50,000 · Pnc 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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