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Property profile & analytics
FOR LEASE
Office Spaces
34 Zimmerman Rd Leola, PA 17540
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0645339
For Lease
1 / 2
$12,390,000
34 Zimmerman Rd, Leola, PA 17540
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Construction
STEEL FRAME
Total area
124,188 SF
Lot
10.1 ac (439,956 SF)
Zoning code
I
APN
360-70019-0-0000
UPID
US73-0645339
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
-
TC Shadowlight Film Production Television Studio
-
TCmotion Film Production Television Studio
-
TCstudios (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.78M
Blend (final)
Blend
$12.39M
Owner & transaction history
Exeter 34 Zimmerman LP · 4 yrs held
Exeter 34 Zimmerman LP
since 2022
Last sale
$9.6M
7 recorded transactions
Zoning & alternative use
I · Leola, 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 Leola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leola 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
$13,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.39M
Range $11.15M – $13.63M · ±10% · vs last sale $9.60M (Jul 12 2022)
Last sale anchor
$9.60M
Jul 12 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
$100 / 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
$82,742
Tax year 2024
Assessed value
$4,140,500
Assessed 2024
Previous assessed
$4,140,500
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$923,600
Assessed improvement
$3,216,900
Land market value
$923,600
Improvement market value
$3,216,900
Total market value
$4,140,500
Applied tax rate
360.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2001
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
124,188 SF
Lot
10.1 ac (439,956 SF)
Zoning code
I
APN
360-70019-0-0000
UPID
US73-0645339
Jurisdiction
LANCASTER
Zoning & alternative use
I · Leola, PA
Zoning I · permitted uses
I · Leola, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leola. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
10.1 ac
Current owner
From public records · entity-resolved
Exeter 34 Zimmerman LP
Entity
Mailing address
100 W MATSONFORD RD STE #250, RADNOR, PA 19087-4558
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
—
Exeter 34 Zimmerman LP
—
Deed
related
$306,600,000 · Allianz Life Ins Co Of North America
Jul 12, 2022
$9,600,000
Exeter 34 Zimmerman LP
Chv Leola LLC
Deed
—
Dec 1, 2020
$7,610,000
Chv Leola LLC
Harbinger Properties LP
Deed
$707,500 · Peoplesbank
Aug 15, 2019
—
Harbinger Properties LP
—
Deed
related
$629,291 · Branch Bk&tr
Nov 19, 2014
—
Harbinger Properties LP
—
Trustees Deed
related
$800,000 · Susquehanna Bk
May 21, 2010
$4,000,000
Harbinger Properties LP
Cleancreek Partners LLP
Deed
$2,240,000 · Susquehanna Bank
—
—
Harbinger Properties
—
Loan Modification
related
$1,457,069 · Branch Bk&tr
—
—
Harbinger Properties LP
—
Loan Modification
related
$629,291 · Branch Bk&tr
—
—
Harbinger Properties LP
—
Deed Of Trust
related
$1,807,000 · Edc Financial Corp
—
—
Harbinger Properties LP
—
Deed Of Trust
related
$2,240,000 · Susquehanna Bank Pa
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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