Technical
Financial
Distress signals
Property profile

28 King St Lancaster, PA 17602

OFF-MARKET
Turn key restaurants
Property ID
US73-5905145
11,100 SF 0.13 ac lot Built 1890
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Construction BRICK
Total area 11,100 SF
Lot 0.13 ac (5,663 SF)
Zoning code CB1
APN 333-30096-0-0000
UPID US73-5905145

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Group
  • General Contractor Renovation Specialist
  • Restaurant

Location

28 King St Lancaster, PA 17602-2850
Lancaster metro Census 100 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$895k

Owner & transaction history

since 2013
7 recorded transactions
2024
Price N/A
2016
Price N/A
2013
$1.7M
2005
$350,000
2005
$232,000
2004
$183,000
2002
$157,000

Zoning & alternative use

CB1 · Lancaster, PA
Zoning description

ons. § 300-38 Hospital Complex District. § 300-39 Floodplain District. § 300-40 Green incentives and standards; solar facilities. § 300-24 Visibility at intersections. On a corner lot in all districts, except the CB and…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $3.3M +25.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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