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Property profile & analytics
OFF-MARKET
Estimated value
$10,745,000
Office Spaces
320 Granite Run Dr Lancaster, PA 17601-6806
Entity Owned
~
Est. High Equity
Property ID
US73-1905832
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Construction
BRICK
Total area
48,816 SF
Lot
13.8 ac (601,128 SF)
Zoning code
I-1
APN
390-10104-0-0000
UPID
US73-1905832
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
-
Horst Insurance Insurance Agency
-
geographIT Engineering Consultant Mapping Service
-
Stratton Consulting Group Business Management Consultant
-
Horst SeniorCare Association / Organization
-
Compass Real Estate, LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.33M
Comparable Approach
Comparable
$11.17M
Blend (final)
Blend
$10.75M
Owner & transaction history
The Horst Group INC
The Horst Group INC
since 2026
2 recorded transactions
Zoning & alternative use
I-1 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$10,105,000
6.5%
$9,330,000
7%
$8,660,000
Blend value · Realmo final
$10.75M
Range $9.67M – $11.82M · ±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
$220 / 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
$118,828
Tax year 2024
Assessed value
$5,491,800
Assessed 2024
Previous assessed
$5,491,800
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$383,600
Assessed improvement
$5,108,200
Land market value
$383,600
Improvement market value
$5,108,200
Total market value
$5,491,800
Applied tax rate
390.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1995
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
48,816 SF
Lot
13.8 ac (601,128 SF)
Zoning code
I-1
APN
390-10104-0-0000
UPID
US73-1905832
Jurisdiction
LANCASTER
Zoning & alternative use
I-1 · Lancaster, PA
Zoning I-1 · permitted uses
I-1 · 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
1995
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
13.8 ac
Current owner
From public records · entity-resolved
The Horst Group INC
Entity
Mailing address
320 GRANITE RUN DR, LANCASTER, PA 17601-6806
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
—
The Horst Group INC
The Horst Group INC
Deed
—
Oct 5, 2012
—
Horst Group INC
—
Deed Of Trust
related
$5,000,000 · Manufacturers Traders & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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