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Property profile & analytics
FOR LEASE
Grocery and convenience stores
33 Friendly Dr Quarryville, PA 17566
Individually Owned
~
Est. High Equity
Property ID
US73-0998607
For Lease
Contact for pricing
33 Friendly Dr, Quarryville, PA 17566
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
95,664 SF
Lot
59.52 ac (2,592,691 SF)
Zoning code
R-2
APN
180-80176-0-0000
UPID
US73-0998607
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.23M
Blend (final)
Blend
$10.13M
Owner & transaction history
Commonwealth Of Pennsylvania
Commonwealth Of Pennsylvania
since 2025
7 recorded transactions
Zoning & alternative use
R-2 · Quarryville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 420-106 Word usage; definitions. Article II R-1 Residential District § 420-201 Purpose and general regulations. § 420-202 Uses permitted by right and special exception. § 420-203 Area and bulk regulations. Article III R-2 Residential District § 420-301 Purpose and general regulations. § 420-302 Uses permitted by right and special exception. § 420-303 Area…
Zone name
Residential
General category
RESIDENTIAL
Zone area
89.72 ac
Top alternative use upside
Auto repair, garage
$15.9M
+3.3%
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 Quarryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quarryville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,425,000
Current use
AUTO REPAIR, GARAGE
$15,930,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$10.13M
Range $9.12M – $11.14M · ±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
$106 / 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
$93,411
Tax year 2024
Assessed value
$6,022,400
Assessed 2024
Previous assessed
$6,022,400
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$833,400
Assessed improvement
$5,189,000
Land market value
$833,400
Improvement market value
$5,189,000
Total market value
$6,022,400
Applied tax rate
180.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
95,664 SF
Lot
59.52 ac (2,592,691 SF)
Zoning code
R-2
APN
180-80176-0-0000
UPID
US73-0998607
Jurisdiction
LANCASTER
Zoning & alternative use
R-2 · Quarryville, PAZoning R-2 · permitted uses
R-2 · Quarryville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 420-106 Word usage; definitions. Article II R-1 Residential District § 420-201 Purpose and general regulations. § 420-202 Uses permitted by right and special exception. § 420-203 Area and bulk regulations. Article III R-2 Residential District § 420-301 Purpose and general regulations. § 420-302 Uses permitted by right and special exception. § 420-303 Area and bulk regulations. Article IV R-3 Residential District § 420-401 Purpose and gen
Zone name
Residential
General category
RESIDENTIAL
Zone area
89.72 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$15.4M
AUTO REPAIR, GARAGE
Est. value
$15.9M
RETAIL STORES Current
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
59.52 ac
Current owner
From public records · entity-resolved
Commonwealth Of Pennsylvania
Individual
Mailing address
33 FRIENDLY DR STE H, QUARRYVILLE, PA 17566-8927
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2025
—
Commonwealth Of Pennsylvania
Southern End Properties Ltd
Deed
—
Jan 27, 2025
—
Starbucks Corporation
Southern End Properties Ltd
Deed
—
Jul 16, 2021
—
Southern End Properties Ltd
—
Deed
related
$50,000 · First National Bank Of Pennsylvania
Mar 26, 2009
—
Southern End Properties Ltd
—
Deed Of Trust
related
$2,000,000 · Fulton Bank
Aug 9, 2005
—
Southern End Properties Ltd
—
Deed Of Trust
related
$3,300,000 · Fulton Bank
Feb 3, 2003
—
Southern End Properties Ltd
Mussers INC
Grant Deed
related
—
Apr 18, 2002
—
Mussers INC
—
Deed Of Trust
related
$3,700,000 · Fulton Bank
Jan 2, 2002
—
Mussers INC
Lancaster Industrial Dev
Grant Deed
related
—
—
—
Mussers INC
—
Deed Of Trust
related
$125,500 · Bank Of Lancaster County NA
—
—
Southern End Properties Ltd
—
Deed Of Trust
related
$2,000,000 · Fulton Bank
—
—
Mussers INC
—
Deed Of Trust
related
$241,256 · Fulton Bank
—
—
Mussers INC
—
Deed Of Trust
related
$1,800,000 · Fulton Bank
—
—
Southern End Properties Ltd
—
Deed Of Trust
related
$600,000 · Fulton 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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