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Financial
Distress signals
Property profile

29 E King St 101 Lancaster, PA 17602

FOR LEASE
Other office properties
Property ID
US73-0049028
74,893 SF 0.43 ac lot Built 1900
Last sale Aug 2018 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is approximately 6,043 square feet of finished office space located in Lancaster City. The interior layout includes private offices, conference rooms, cubicle work areas, restrooms, and a kitchenette. It is situated directly across from the Lancaster County Convention Center and is near city attractions. The space is configured for office use and is suitable for a range of business types and sizes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$80k
Tax billed · 2024
Assessed value$2.03M
Assessed land$215k
Assessed improvement$1.81M
Effective rate3.96%

Value estimate

· Oct 2026
$1.92M
$1.72M – $2.11M
Submarket $/SF estimate$9.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$244/SF
County average, outlier-cleaned · 388 recorded sales of this use type
Observed band · Q1–Q3$127 – $393

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB1
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.9
Plumbing Service9.9
Veterinary Clinic9.8

Location

29 E King St, Unit 101 Lancaster, PA 17602
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Martin, Ephrata, PA 17522 $6,460,000 May 2025 19,022 SF
1060 State, Ephrata, PA 17522-2378 $1,100,000 Sep 2024 21,227 SF
4150 Barrett, Ephrata, PA 17522-8979 $8,350,000 Sep 2023 16,710 SF
1 Main, Ephrata, PA 17522-2713 $2,750,000 Feb 2021 43,436 SF
111 Zooks Ml, Ephrata, PA 17522-9551 $900,000 Aug 2020 19,224 SF
1360 Rdg, Ephrata, PA 17522-9659 $400,000 Dec 2019 19,416 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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