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Property profile & analytics
OFF-MARKET Estimated value $1,410,000
Motels

290 Decatur St Strasburg, PA 17579-9662

6,480 SF 2.14 ac lot Built 1970
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-1561025
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1970
Construction FRAME
Total area 6,480 SF
Lot 2.14 ac (93,218 SF)
Zoning code C-2
APN 570-09477-0-0000
UPID US73-1561025
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
$1.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.41M
Owner & transaction history
Legacy Ptshp LLC · 6 yrs held
Legacy Ptshp LLC
since 2020
Last sale
$1.3M
5 recorded transactions
2020
$1.3M
2019
$1.4M
2017
$945,000
2003
$1.1M
1969
Price N/A
Zoning & alternative use
C-2 · Strasburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 206 HIGHWAY COMMERCIAL ZONE (C-2) 206.1. Purpose - This Zone provides suitable locations for larger-scale and/or highway-oriented retail, service, and entertainment businesses. The uses typically involve outdoor activities and/or storage areas like automobile, boat and trailer sales, and service establishments. The uses provided in this Zone are mean…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 36.87 ac
Top alternative use upside
Commercial (general) $1.6M +9.5%
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