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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Turn key restaurants
31 Orange St Lancaster, PA 17602-2846
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2657274
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1890
Construction
BRICK
Total area
21,562 SF
Lot
0.29 ac (12,632 SF)
Zoning code
CB
APN
332-09550-0-0000
UPID
US73-2657274
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
-
Good Days Recovery - Recovery Houses and Sober Living Facilities in Lancaster PA Medical Clinic
-
Pink Lady Permanent Medical Clinic Skin Care Clinic
-
The Black Comb Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$2.19M
Owner & transaction history
Marion Properties LLC · 20 yrs held
Marion Properties LLC
since 2005
5 recorded transactions
Zoning & alternative use
CB · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±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
$102 / 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
$32,550
Tax year 2024
Assessed value
$822,600
Assessed 2024
Previous assessed
$822,600
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$145,000
Assessed improvement
$677,600
Land market value
$145,000
Improvement market value
$677,600
Total market value
$822,600
Applied tax rate
332.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1890
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Total area
21,562 SF
Lot
0.29 ac (12,632 SF)
Zoning code
CB
APN
332-09550-0-0000
UPID
US73-2657274
Jurisdiction
LANCASTER
Zoning & alternative use
CB · Lancaster, PA
Zoning CB · permitted uses
CB · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Marion Properties LLC
Entity
Mailing address
105 GREENFIELD DR, LEOLA, PA 17540-1643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
—
Marion Court Properties LLC
—
Deed
related
$4,160,000 · Berkshire Bank
Sep 19, 2016
—
Marion Propertie LLC
—
Deed
related
$550,000 · Pnc Bank NA
Sep 12, 2005
$400,000
Marion Properties LLC
Notturno & Goss
Sheriffs Deed
related
$320,000 · Bank Of Lancaster County NA
—
—
Marion Properties LLC
—
Deed Of Trust
related
$820,000 · Sovereign Bank
—
—
Marion Properties LLC
—
Deed Of Trust
related
$765,000 · Metropolitan Bank
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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