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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Retail space
219 Main St Lititz, PA 17543-2011
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-5986966
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1784
Construction
FRAME
Total area
10,276 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R-2
APN
370-42219-0-0000
UPID
US73-5986966
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
$956k
Blend (final)
Blend
$885k
Owner & transaction history
Lititz Improvement INC · 19 yrs held
Lititz Improvement INC
since 2007
5 recorded transactions
Zoning & alternative use
R-2 · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SECTION 208. R-2 Residential Districts. A. Purpose. The purpose of this District is to promote the continuation of high density residential neighborhoods and to protect such neighborhoods from incompatible land uses. Single-family detached dwellings represent the most prevalent land use throughout this District. Certain nonresidential uses, which are compati…
Zone name
Residential District
General category
RESIDENTIAL
Zone area
323.92 ac
Source
Microsoft Word - ZO cover
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 Lititz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lititz 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$86 / 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
$9,090
Tax year 2024
Assessed value
$401,800
Assessed 2024
Previous assessed
$401,800
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$60,400
Assessed improvement
$341,400
Land market value
$60,400
Improvement market value
$341,400
Total market value
$401,800
Applied tax rate
370.0000
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
1784
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Units
2
Total area
10,276 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R-2
APN
370-42219-0-0000
UPID
US73-5986966
Jurisdiction
LANCASTER
Zoning & alternative use
R-2 · Lititz, PAZoning R-2 · permitted uses
R-2 · Lititz, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SECTION 208. R-2 Residential Districts. A. Purpose. The purpose of this District is to promote the continuation of high density residential neighborhoods and to protect such neighborhoods from incompatible land uses. Single-family detached dwellings represent the most prevalent land use throughout this District. Certain nonresidential uses, which are compatible with the Borough's high density residential neighborhoods, are permitted by special exception. B. Permitted Uses. 1. Single-family detached dwellings. 2. Single-family semi-detached dwelling. 3. Accessory Apartments subject to Section 415. 4. Customary accessory uses, buildings, and structures incidental to the above permitted uses subject to Section 301. 5. Gardening. 6. Public Parks, Playgrounds or Recreation Areas subject to Section 410. 7. Essential Services Structures subject to Section 408. 8. Home Occupations (no-impact home-based businesses as defined herein) in accordance with Section 401. Page 52 Lititz Borough Zoning Ordinance
Zone name
Residential District
General category
RESIDENTIAL
Zone area
323.92 ac
Source
Microsoft Word - ZO cover
Building & site characteristics
From public records
Year built
1784
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Lititz Improvement INC
Entity
Mailing address
120 E MAIN ST, LITITZ, PA 17543-2045
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2007
$400,000
Lititz Improvement INC
Sturgis Holdings
Grant Deed
$250,000 · Ephrata National Bank
Jan 20, 2005
$300,000
Sturgis Holdings LP
Barbara A Tsbudy
Deed
$300,000 · Bank Of Lancaster County NA
—
—
Clyde R Tshudy
—
Deed Of Trust
related
$27,500 · Eastern Savings Bank
—
—
Sturgis Holdings
—
Deed Of Trust
related
$200,000 · Sovereign Bank
—
—
Lititz Improvement INC
—
Deed Of Trust
related
$260,000 · Ephrata 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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