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Property profile & analytics
OFF-MARKET
Estimated value
$17,590,000
Hospitals
333 Harrisburg Ave Lancaster, PA 17603-2951
Individually Owned
10-yr Hold
Free & Clear
Property ID
US73-4295883
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2018
Construction
METAL FRAME
Total area
76,318 SF
Lot
15.17 ac (660,805 SF)
APN
339-04007-0-0000
UPID
US73-4295883
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
-
Lancaster Behavioral Medical Clinic
-
Norfolk Southern Freight Service Logistics Company
-
Barnstable Park Park
-
Lancaster Behavioral Health Hospital - Psychiatry Physician
-
Jamie Creamer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.14M
Comparable Approach
Comparable
$22.60M
Blend (final)
Blend
$17.59M
Owner & transaction history
Lancaster General Hospital · 10 yrs held
Lancaster General Hospital
since 2016
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.8M
+13.8%
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%
$18,560,000
6.5%
$17,135,000
7%
$15,910,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$17,375,000
Current use
COMMERCIAL (GENERAL)
$19,775,000
Change: +14% · Conversion: Easy
RETAIL STORES
$16,620,000
Change: -4% · Conversion: Difficult
RESTAURANT
$15,590,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$17.59M
Range $15.83M – $19.35M · ±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
$230 / 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
$452,981
Tax year 2024
Assessed value
$11,447,700
Assessed 2024
Previous assessed
$11,447,700
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$1,390,200
Assessed improvement
$10,057,500
Land market value
$1,390,200
Improvement market value
$10,057,500
Total market value
$11,447,700
Applied tax rate
339.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2018
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
76,318 SF
Lot
15.17 ac (660,805 SF)
APN
339-04007-0-0000
UPID
US73-4295883
Jurisdiction
LANCASTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$17.4M
COMMERCIAL (GENERAL)
Est. value
$19.8M
RETAIL STORES
Est. value
$16.6M
RESTAURANT
Est. value
$15.6M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
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
2018
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
15.17 ac
Current owner
From public records · entity-resolved
Lancaster General Hospital
Individual
Free & Clear · 10 yrs held
Mailing address
607 N DUKE ST, LANCASTER, PA 17602-2269
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2016
$473,430
Lancaster General Hospital
Edc Fin Corp
Warranty Deed
—
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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