Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Office Spaces
306 Primrose Ln Mountville, PA 17554-1262
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1946688
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Construction
FRAME
Total area
7,000 SF
Lot
1.1 ac (47,916 SF)
Zoning code
C-1
APN
300-12925-0-0000
UPID
US73-1946688
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
-
Lancaster Adult Daycare LLC Adult Day Care
-
agis Internet Marketing (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.12M
Owner & transaction history
Adharanand LLC · 2 yrs held
Adharanand LLC
since 2024
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
C-1 · Mountville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-1 Commercial Zoning District § 310 I-1 Industrial Zoning District § 311 2. Purposes of Each Zoning District. In addition to serving the overall purposes and objectives of this chapter and the Comprehensive Plan, each zoning district is intended to serve the following purposes: A. Open Space Zoning District: to preserve existing recreational and open spaces…
Zone name
Commercial
General category
COMMERCIAL
Zone area
7.26 ac
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 Mountville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountville 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
$1,120,000
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$1,450,000
6.5%
$1,340,000
7%
$1,240,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,710,000
Current use
RESTAURANT
$1,420,000
Change: -17% · Conversion: Difficult
MEDICAL BUILDING
$1,410,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.12M (Feb 2 2024)
Last sale anchor
$1.12M
Feb 2 2024
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
$160 / 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
$8,957
Tax year 2024
Assessed value
$397,200
Assessed 2024
Previous assessed
$397,200
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$206,000
Assessed improvement
$191,200
Land market value
$206,000
Improvement market value
$191,200
Total market value
$397,200
Applied tax rate
300.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
7,000 SF
Lot
1.1 ac (47,916 SF)
Zoning code
C-1
APN
300-12925-0-0000
UPID
US73-1946688
Jurisdiction
LANCASTER
Zoning & alternative use
C-1 · Mountville, PAZoning C-1 · permitted uses
C-1 · Mountville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-1 Commercial Zoning District § 310 I-1 Industrial Zoning District § 311 2. Purposes of Each Zoning District. In addition to serving the overall purposes and objectives of this chapter and the Comprehensive Plan, each zoning district is intended to serve the following purposes: A. Open Space Zoning District: to preserve existing recreational and open spaces, and institutional and public uses. This zoning district is intended to encourage those land uses and activities which maintain the Borough's small-town character and enhance the quality of life for residents, property owners and visitors. B.
Zone name
Commercial
General category
COMMERCIAL
Zone area
7.26 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
RESTAURANT
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1986
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Adharanand LLC
Entity
Mailing address
1611 ETHAN DR, WYOMISSING, PA 19610-1275
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$1,120,000
Adharanand LLC
Kamal Kafley
Deed
$784,000 · Presence Bank
Nov 16, 2020
$495,000
Kamal Kafley
306 Primrose Lane LLC
Grant Deed
—
Oct 5, 2015
$400,000
306 Primrose Lane LLC
Paxson,susan M & David 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 306 Primrose Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
