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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Commercial real estate
2355 New Holland Pike, Lancaster, PA 17601-5933
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0178946
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1900
Total area
11,582 SF
Lot
0.38 ac (16,553 SF)
Zoning code
A
APN
360-87146-0-0000
UPID
US73-0178946
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
-
C.E. Pontz Sons Landscaping General Contractor
-
Eve Environmental Services Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.49M
Owner & transaction history
Mzn Property Holdings LLC · 4 yrs held
Mzn Property Holdings LLC
since 2021
7 recorded transactions
Zoning & alternative use
A · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±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
$129 / 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
$286
Tax year 2024
Assessed value
$14,300
Assessed 2024
Previous assessed
$14,300
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$14,300
Land market value
$14,300
Total market value
$14,300
Applied tax rate
360.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1900
Heating
HOT WATER
Stories
2
Rooms
10
Bathrooms
4
Total area
11,582 SF
Lot
0.38 ac (16,553 SF)
Zoning code
A
APN
360-87146-0-0000
UPID
US73-0178946
Jurisdiction
LANCASTER
Zoning & alternative use
A · Lancaster, PA
Zoning A · permitted uses
A · 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
1900
Heating
HOT WATER
Stories
2
Rooms
10
Bathrooms
4
Lot
0.38 ac
Current owner
From public records · entity-resolved
Mzn Property Holdings LLC
Entity
Mailing address
190 YUMMERDALL RD, LITITZ, PA 17543-7422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Michael C Kapp
—
Deed
related
$200,000 · Manufacturers & Traders Trust Co
Sep 21, 2021
$750,000
Mzn Property Holdings LLC
Michael C Kapp
Deed
$637,500 · Mid Penn Bank
Sep 21, 2021
—
Mzn Property Holdings LLC
—
Deed
related
$637,500 · Mid Penn Bank
Jan 11, 2007
$840,000
Michael C Kapp
Weaver,l James & Elva
Grant Deed
$894,000 · Ephrata National Bank
—
—
Michael C Kapp
—
Deed Of Trust
related
$150,000 · Ephrata National Bank
—
—
Michael C Kapp
—
Deed Of Trust
related
$200,000 · Ephrata National Bank
—
—
Michael C Kapp
—
Deed Of Trust
related
$993,000 · Ephrata National Bank
—
—
Michael C Kapp
—
Deed Of Trust
related
$200,000 · Ephrata National Bank
—
—
Michael C Kapp
—
Deed Of Trust
related
$175,000 · M & T Bank
—
—
Michael C Kapp
—
Deed Of Trust
related
$915,000 · M & T Bank
—
—
Weaver L
—
Deed Of Trust
related
$50,000 · Wachovia Bank NA
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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