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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Retail space
2710 Old Philadelphia Pike Bird In Hand, PA 17505-9706
Individually Owned
17-yr Hold
Free & Clear
Property ID
US73-5923301
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
BRICK
Total area
7,254 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C-2
APN
310-55363-0-0000
UPID
US73-5923301
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
-
Country Crafters (Bike/Boat/Book/etc) Store
-
Creative Home Shoppe Furniture & Home Goods Hardware & Home Improvement
-
Sue's Sandwich Shoppe Take-out & Catering
-
Bird-in-Hand Farmers Market Specialty Food Shop Farmer's Market
-
S. Clyde Weaver Specialty Food Shop Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$980k
Blend (final)
Blend
$1.14M
Owner & transaction history
Christ G Lapp · 17 yrs held
Christ G Lapp
since 2008
2 recorded transactions
Zoning & alternative use
C-2 · Bird In Hand, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+51.5%
Restaurant
$1.5M
+25.7%
Medical building
$1.5M
+25.0%
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 Bird In Hand submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bird In Hand 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%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,170,000
Current use
COMMERCIAL (GENERAL)
$1,770,000
Change: +51% · Conversion: Easy
RESTAURANT
$1,470,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$1,460,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,210,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$156 / 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
$18,792
Tax year 2024
Assessed value
$928,200
Assessed 2024
Previous assessed
$928,200
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$336,000
Assessed improvement
$592,200
Land market value
$336,000
Improvement market value
$592,200
Total market value
$928,200
Applied tax rate
310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Total area
7,254 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C-2
APN
310-55363-0-0000
UPID
US73-5923301
Jurisdiction
LANCASTER
Zoning & alternative use
C-2 · Bird In Hand, PA
Zoning C-2 · permitted uses
C-2 · Bird In Hand, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bird In Hand. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1978
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Christ G Lapp
Individual
Free & Clear · 17 yrs held
Mailing address
PO BOX 412, BIRD IN HAND, PA 17505-0412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2008
—
Christ G Lapp
Lapp,christ G & Arlene E
Quit Claim Deed
related
—
Dec 31, 2008
$821,440
Bfm Realty Group
Lapp,christ G & Arlene E
Grant Deed
—
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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