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Property profile & analytics
FOR SALE
Individual retail properties
352 E New St Lancaster, PA 17602
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-2421505
For Sale
1 / 28
$675,000
352 E New St, Lancaster, PA 17602
View Listing →
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1900
Construction
FRAME
Total area
4,392 SF
Lot
0.07 ac (3,049 SF)
Zoning code
C1
APN
336-64423-0-0000
UPID
US73-2421505
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
-
JD's Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$530k
Owner & transaction history
Emanuel L Beiler · 9 yrs held
Emanuel L Beiler
since 2016
3 recorded transactions
Zoning & alternative use
C1 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$785,000
+39.7%
Medical building
$705,000
+25.4%
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
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LAUNDROMAT (SELF-SERVICE)
$565,000
Current use
COMMERCIAL (GENERAL)
$785,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$705,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$515,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$121 / 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
$11,020
Tax year 2024
Assessed value
$278,500
Assessed 2024
Previous assessed
$278,500
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$40,300
Assessed improvement
$238,200
Land market value
$40,300
Improvement market value
$238,200
Total market value
$278,500
Applied tax rate
336.0000
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
For Sale
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Stories
1
Units
4
Total area
4,392 SF
Lot
0.07 ac (3,049 SF)
Zoning code
C1
APN
336-64423-0-0000
UPID
US73-2421505
Jurisdiction
LANCASTER
Zoning & alternative use
C1 · Lancaster, PA
Zoning C1 · permitted uses
C1 · 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
LAUNDROMAT (SELF-SERVICE) Current
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$785,000
MEDICAL BUILDING
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$565,000
RETAIL STORES
Est. value
$515,000
LAUNDROMAT (SELF-SERVICE) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1900
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
4
Lot
0.07 ac
Current owner
From public records · entity-resolved
Emanuel L Beiler
Individual
Mailing address
2527 LINCOLN HWY EA, RONKS, PA 17572-9777
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2016
$295,000
Emanuel L Beiler
Roda Shirley A
Grant Deed
$200,000 · Bank Of Bird-in-hand
Mar 24, 2005
—
Frank J Roda
Roda,frank J
Quit Claim Deed
related
—
Feb 15, 2001
—
Frank J Roda
Roda,domenica F
Quit Claim Deed
related
$15,000 · Joseph D Roda
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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