Property profile

325 Queen St Lancaster, PA 17603

OFF-MARKET
Retail space
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Property ID
US73-5418181
65,296 SF 0.36 ac Built 1887
Last sale Dec 2015·$920,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The Keppel Building, located at 300 North Queen Street (cross street: Lemon Street), offers 6,265 square feet of prime Class A creative office space in a vibrant CBD location. Currently, the entire building is vacant and available for lease. This mixed-use building boasts multiple tenancy options, with a minimum divisible space of 2,490 square feet and a maximum contiguous space of 3,775 square feet. The building underwent renovations in 2017 and features an elevator for convenient access. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$153k
Tax billed · 2024
Assessed value$3.86M
Assessed land$180k
Assessed improvement$3.68M
Effective rate3.96%

Value estimate

· Nov 2026
$10.94M
$9.85M – $12.03M
CAP approach$11.82M
Submarket $/SF estimate$13.41M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$218/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$133 – $315

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
The CB District is the commercial hub of the City and serves the metropolitan area as a regional center for government, law, finance, cul...
General categoryCIVIC_INSTITUTIONAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith10.9
Dry Cleaner10.2
Furniture Store9.3

Location

325 Queen St Lancaster, PA 17603-3074
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
602 Queen, Lancaster, PA 17603-3064 $1,350,000 Feb 2026 7,300 SF
217 Pne, Lancaster, PA 17603-3434 $715,000 Dec 2024 9,579 SF
50 Queen, Lancaster, PA 17603-4292 $2,750,000 Sep 2024 16,084 SF
12 Orange, Lancaster, PA 17603 $2,750,000 Jun 2024 9,926 SF
54 Queen, Lancaster, PA 17603 $2,750,000 Jun 2024 9,099 SF
121 Centerville, Lancaster, PA 17603-4006 $2,000,000 Apr 2024 7,917 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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