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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Office Spaces
2602 Lincoln E Hwy Ronks, PA 17572-9772
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2212547
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1938
Construction
FRAME
Total area
4,276 SF
Lot
2.11 ac (91,912 SF)
Zoning code
R
APN
310-31917-0-0000
UPID
US73-2212547
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
$515k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$790k
Owner & transaction history
Backyard Realty LLC · 7 yrs held
Backyard Realty LLC
since 2018
7 recorded transactions
Zoning & alternative use
R · Ronks, 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 Ronks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ronks 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
$515,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,045,000
Current use
MEDICAL BUILDING
$860,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$185 / 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
$7,331
Tax year 2024
Assessed value
$362,100
Assessed 2024
Previous assessed
$362,100
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$122,200
Assessed improvement
$239,900
Land market value
$122,200
Improvement market value
$239,900
Total market value
$362,100
Applied tax rate
310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1938
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Rooms
8
Bathrooms
2
Total area
4,276 SF
Lot
2.11 ac (91,912 SF)
Zoning code
R
APN
310-31917-0-0000
UPID
US73-2212547
Jurisdiction
LANCASTER
Zoning & alternative use
R · Ronks, PA
Zoning R · permitted uses
R · Ronks, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ronks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$860,000
COMMERCIAL (GENERAL) Current
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
1938
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
8
Bathrooms
2
Lot
2.11 ac
Current owner
From public records · entity-resolved
Backyard Realty LLC
Entity
Mailing address
2604 LINCOLN HWY E, RONKS, PA 17572-9772
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
—
Backyard Realty LLC
—
Deed
related
$475,000 · Bank Of Bird In Hand
Feb 19, 2019
—
Backyard Realty LLC
—
Deed
related
$500,000 · Bank Of Bird-in-hand
Dec 6, 2018
$625,000
Backyard Realty LLC
Christiana Associates
Grant Deed
$450,000 · Bank Of Bird-in-hand
Jul 8, 2015
$315,000
Christiana Associates
Broderick John R
Grant Deed
—
Feb 3, 2012
—
John R Broderick
—
Deed Of Trust
related
$2,700,000 · Tammac Corp
May 19, 2010
—
John R Broderick
Broderick,john R & Sonya A
Quit Claim Deed
related
—
Nov 2, 2000
$300,000
John R Brokerick
Valmonte,leonardo M & Erlinda H
Grant Deed
$325,000 · Seller
—
—
Backyard Realty LLC
—
Deed Of Trust
related
$500,000 · Bank Of Bird-in-hand
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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