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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Retail space
312 Paradise Ln Ronks, PA 17572-9537
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-5376260
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
FRAME
Total area
5,589 SF
Lot
8.86 ac (385,942 SF)
Zoning code
A
APN
490-39307-0-0000
UPID
US73-5376260
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
-
Casey Jones' Restaurant at Paradise Station Restaurant
-
The Red Caboose Motel at Paradise Station Hotel & Motel
-
A is for Amish Buggy Rides Tour Operator
-
The Barn at Paradise Station Hotel & Motel Resort
-
Red Caboose Motel and Restaurant Observation Deck
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$511k
Blend (final)
Blend
$850k
Owner & transaction history
Prickett Real Estate Holdings LLC · 10 yrs held
Prickett Real Estate Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
A · Ronks, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+51.5%
Restaurant
$1.1M
+25.7%
Medical building
$1.1M
+25.0%
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 Ronks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ronks 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,095,000
6.5%
$1,010,000
7%
$940,000
Alternative Use
Use
Estimation
RETAIL STORES
$900,000
Current use
COMMERCIAL (GENERAL)
$1,365,000
Change: +51% · Conversion: Easy
RESTAURANT
$1,135,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$1,125,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$930,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$152 / 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
$34,499
Tax year 2024
Assessed value
$1,698,000
Assessed 2024
Previous assessed
$929,800
+82.6% YoY
Effective rate
2.03%
On assessed value
Assessed land
$349,400
Assessed improvement
$1,348,600
Land market value
$349,400
Improvement market value
$1,348,600
Total market value
$1,698,000
Applied tax rate
490.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
43
Stories
2
Units
1
Rooms
7
Bathrooms
6
Total area
5,589 SF
Lot
8.86 ac (385,942 SF)
Zoning code
A
APN
490-39307-0-0000
UPID
US73-5376260
Jurisdiction
LANCASTER
Zoning & alternative use
A · Ronks, PAZoning A · permitted uses
A · Ronks, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$930,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1950
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
43
Units
1
Rooms
7
Bathrooms
6
Lot
8.86 ac
Current owner
From public records · entity-resolved
Prickett Real Estate Holdings LLC
Entity
Mailing address
312 PARADISE LN, RONKS, PA 17572-9537
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
—
Estate Holdings LLC
—
Deed
related
$681,500 · Todd D Prickett
Jul 5, 2016
—
Prickett R & E Holdings LLC
—
Deed
related
$936,625 · Orrstown Bk
Jul 1, 2016
—
Prickett R & E Holdings LLC
—
Deed
related
$577,000 · Edc Fin
Feb 4, 2016
$1,200,000
Prickett Real Estate Holdings LLC
Lawrence J Demarco
Deed
$936,625 · Orrstown Bank
Jul 14, 2005
—
Lawrence J Demarco
Demarco,lawrence J
Quit Claim Deed
related
—
May 6, 2005
$1,303,000
Demarco,lawrence J
Lititz Properties LLC
Trustees Deed
$1,108,300 · Sovereign Bank
Dec 9, 2004
$16,376
Lititz Properties LLC
Sheriff Of Lancaster County
Trustees Deed
—
—
—
Prickett R & E Holdings LLC
—
Deed Of Trust
related
$936,625 · Orrstown Bk
—
—
Lawrence J Demarco
—
Deed Of Trust
related
$1,100,000 · Linda S Arnold
—
—
Lawrence J Demarco
—
Deed Of Trust
related
$200,000 · Sovereign Bank
—
—
Prickett R & E Holdings LLC
—
Deed Of Trust
related
$577,000 · Edc Fin
—
—
Lawrence Demarco
—
Deed Of Trust
related
$411,700 · Sovereign 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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