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Property profile & analytics
OFF-MARKET
Estimated value
$5,790,000
Manufacturing properties
3575 Hempland Rd, Lancaster, PA 17601-6912
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1380939
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1967
Construction
STEEL FRAME
Total area
209,738 SF
Lot
14.8 ac (644,688 SF)
Zoning code
I-2
APN
300-10237-0-0000
UPID
US73-1380939
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
-
Intellicor Communications, LLC | Lancaster PA Marketing & Advertising Printing Service
-
Cadmus Communications Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.73M
Blend (final)
Blend
$5.79M
Owner & transaction history
512 East King Associates LLC · 5 yrs held
512 East King Associates LLC
since 2020
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
I-2 · Lancaster, 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 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
$6,555,000
ML approach
$7,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.79M
Range $5.21M – $6.37M · ±10% · vs last sale $4.50M (Dec 18 2020)
Last sale anchor
$4.50M
Dec 18 2020
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
$28 / 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
$102,890
Tax year 2024
Assessed value
$4,562,700
Assessed 2024
Previous assessed
$4,562,700
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$1,761,300
Assessed improvement
$2,801,400
Land market value
$1,761,300
Improvement market value
$2,801,400
Total market value
$4,562,700
Applied tax rate
300.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
209,738 SF
Lot
14.8 ac (644,688 SF)
Zoning code
I-2
APN
300-10237-0-0000
UPID
US73-1380939
Jurisdiction
LANCASTER
Zoning & alternative use
I-2 · Lancaster, PA
Zoning I-2 · permitted uses
I-2 · 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.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
14.8 ac
Current owner
From public records · entity-resolved
512 East King Associates LLC
Entity
Mailing address
330 EDEN RD, LANCASTER, PA 17601-4218
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
—
512 East King Associates LLC
—
Deed
related
$5,000,000 · Provident Bank
Dec 18, 2020
$4,500,000
512 East King Associates LLC
Cenveo Worldwide Limited
Deed
$3,600,000 · Provident Bank
Dec 26, 2018
—
Cenveo Worldwide Ltd
—
Grant Deed
related
$236,000,000 · Wilmington Svgs Fund Society F
Oct 25, 2016
—
Cadmus Journal Services INC
—
Deed
related
$50,000,000 · Bank Of Ny Mellon
Dec 22, 2014
—
Cadmus Journal Services INC
—
Grant Deed
related
$540,000,000 · Bank Of Ny Mellon
Nov 29, 2007
—
Cadmus Journal Services INC
—
Deed Of Trust
related
$725,000,000 · Bank Of America
—
—
Cadmus Journal Services INC
—
Deed Of Trust
related
$255,000,000 · Bank Of America
—
—
Cadmus Journal Services INC
—
Loan Modification
related
$30,000,000 · Bank Of America
—
—
Cadmus Journal Services INC
—
Loan Modification
related
$100,000 · Bank Of America
—
—
Cadmus Journal Services INC
—
Deed Of Trust
related
$50,000,000 · Bank Of Ny Mellon
—
—
Cadmus Journal Services INC
—
Deed Of Trust
related
$630,000 · Bank Of America
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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