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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Assisted living facilities
320 Market St Elizabethtown, PA 17022-2422
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1983197
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1925
Construction
FRAME
Total area
50,140 SF
Lot
0.73 ac (31,799 SF)
Zoning code
CBD
APN
250-91618-0-0000
UPID
US73-1983197
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
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.29M
Owner & transaction history
Er 320 Property LLC · 3 yrs held
Er 320 Property LLC
since 2023
7 recorded transactions
Zoning & alternative use
CBD · Elizabethtown, 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 Elizabethtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethtown 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
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,490,000
Current use
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±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
$26 / 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
$98,228
Tax year 2024
Assessed value
$3,498,400
Assessed 2024
Previous assessed
$3,498,400
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$113,800
Assessed improvement
$3,384,600
Land market value
$113,800
Improvement market value
$3,384,600
Total market value
$3,498,400
Applied tax rate
250.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
YES
Cooling
YES
Stories
3
Total area
50,140 SF
Lot
0.73 ac (31,799 SF)
Zoning code
CBD
APN
250-91618-0-0000
UPID
US73-1983197
Jurisdiction
LANCASTER
Zoning & alternative use
CBD · Elizabethtown, PA
Zoning CBD · permitted uses
CBD · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elizabethtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.5M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1925
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
3
Lot
0.73 ac
Current owner
From public records · entity-resolved
Er 320 Property LLC
Entity
Mailing address
1500 AVE OF THE STATES STE #400, LAKEWOOD, NJ 08701-4792
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Er 320 Property LLC
—
Deed
related
$42,943,030 · Capital Funding
Jun 7, 2023
—
Er 320 Property LLC
Emerald Propco LLC
Special Warranty Deed
$34,726,289 · Capital Funding
Apr 13, 2022
$7,300,000
Emerald Propco LLC
Emerald Property LLC
Special Warranty Deed
$12,530,000 · Dmt Spe I LLC
Dec 21, 2020
$5,000,000
Emerald Property LLC
Gec Elizabethtown Real Estate LLC
Special Warranty Deed
$4,262,500 · Celtic Bank Corporation
Jul 23, 2018
$6,403,000
Hcp Properties LP
Hcp Properties LP
Special Warranty Deed
$10,400,000 · S & T Bank
Nov 1, 2016
—
Hcp Properties LP
—
Deed
related
$1,500,000,000 · Barclays Bk/plc
Nov 9, 2009
—
Baily Nursing Property LLC
Owner,record
Grant Deed
related
—
Jan 29, 2008
$4,032,442
Baily Nursing Property LLC
Baily Nursing Home INC
Special Warranty Deed
$300,000,000 · Jpmorgan Chase Bank NA
—
—
Hcp Properties LP
—
Deed Of Trust
related
—
—
—
Hcp Properties LP
—
Deed Of Trust
related
$1,500,000,000 · * Other Institutional Lenders
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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