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Property profile & analytics
FOR SALE
Auto shops
33 Old Dorwart St Lancaster, PA 17603
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2175549
For Sale
1 / 12
$900,000
33 Old Dorwart St, Lancaster, PA 17603
View Listing →
Property summary
AI-generated overview
Prime Lancaster, PA investment opportunity: This 5,420 square foot industrial self-storage facility at 33 Old Dorwart St features 56 units with 100% occupancy. Built in 1930 and renovated in 2010, this single-story building sits on a 0.57-acre lot and is zoned R3. The property offers a strong cash flow with its consistently high occupancy rate, making it an attractive investment for those seeking a stable return. Located in Lancaster City, Pennsylvania (zip code 17603), this property benefits from its strategic location within a thriving market for industrial and self-storage spaces. The property's history, combined with its recent renovations, provides a unique blend of character and modern functionality. The property's APN is 338-2370132-259375-0-0000. This is a multi-tenant property offering a significant opportunity for immediate income generation and potential future growth. The property's proven track record of success makes it a compelling investment in a dynamic and growing market.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1930
Construction
WOOD FRAME
Total area
5,420 SF
Lot
0.6 ac (26,136 SF)
Zoning code
R3
APN
338-13275-0-0000
UPID
US73-2175549
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
-
SOWE Storage unit Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$585k
Owner & transaction history
Broken Compass Real Estate LLC · 4 yrs held
Broken Compass Real Estate LLC
since 2022
Last sale
$599,000
5 recorded transactions
Zoning & alternative use
R3 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$905,000
+8.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$830,000
Current use
WAREHOUSE, STORAGE
$905,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $599k (Jun 21 2022)
Last sale anchor
$599k
Jun 21 2022
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
$108 / 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
$13,121
Tax year 2024
Assessed value
$331,600
Assessed 2024
Previous assessed
$331,600
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$84,000
Assessed improvement
$247,600
Land market value
$84,000
Improvement market value
$247,600
Total market value
$331,600
Applied tax rate
338.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1930
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Total area
5,420 SF
Lot
0.6 ac (26,136 SF)
Zoning code
R3
APN
338-13275-0-0000
UPID
US73-2175549
Jurisdiction
LANCASTER
Zoning & alternative use
R3 · Lancaster, PA
Zoning R3 · permitted uses
R3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$830,000
WAREHOUSE, STORAGE
Est. value
$905,000
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
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
1930
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
0.6 ac
Current owner
From public records · entity-resolved
Broken Compass Real Estate LLC
Entity
Mailing address
747 FLORY ML RD, LANCASTER, PA 17601-2733
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$599,000
Broken Compass Real Estate LLC
Patricia Earl LLC
Deed
$400,000 · Peoples Bank
Apr 3, 2020
—
Patricia Earl LLC
—
Deed
related
$155,000 · Northwest Bank
Apr 2, 2020
—
Patricia Earl LLC
—
Deed
related
—
Jan 23, 2020
—
Patricia Earl LLC
—
Deed
related
$85,000 · Northwest Bank
—
—
Patricia Earl LLC
—
Loan Modification
related
—
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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