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Property profile & analytics
OFF-MARKET
Medical Office Space
40 High St 201 Elizabethtown, PA 17022-2017
Individually Owned
3-yr Hold
Free & Clear
Property ID
US73-5998992
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1900
Construction
FRAME
Total area
2,233 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MU
APN
250-00500-0-0000
UPID
US73-5998992
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kimmel R Schaefer · 3 yrs held
Kimmel R Schaefer
since 2023
Last sale
$275,000
7 recorded transactions
Zoning & alternative use
MU · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 1207 Outside Storage And Display. § 1208 Height Regulations. § 1209 Lot Area, Lot Width And Impervious Coverage Regulations. § 1210 Setback Regulations. § 1211 Off-Street Parking/Access and Loading/Unloading. Part 12A MU MIXED-USE DISTRICT § 12A01 Intended Purpose. § 12A02 Permitted Uses. § 12A03 Special Exceptions. § 12A04 Conditional Uses. § 12A05 Conver…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
101.69 ac
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 Elizabethtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethtown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,891
Tax year 2024
Assessed value
$209,800
Assessed 2024
Previous assessed
$209,800
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$56,300
Assessed improvement
$153,500
Land market value
$56,300
Improvement market value
$153,500
Total market value
$209,800
Applied tax rate
250.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
1
Total area
2,233 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MU
APN
250-00500-0-0000
UPID
US73-5998992
Jurisdiction
LANCASTER
Zoning & alternative use
MU · Elizabethtown, PAZoning MU · permitted uses
MU · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 1207 Outside Storage And Display. § 1208 Height Regulations. § 1209 Lot Area, Lot Width And Impervious Coverage Regulations. § 1210 Setback Regulations. § 1211 Off-Street Parking/Access and Loading/Unloading. Part 12A MU MIXED-USE DISTRICT § 12A01 Intended Purpose. § 12A02 Permitted Uses. § 12A03 Special Exceptions. § 12A04 Conditional Uses. § 12A05 Conversion of Existing Structure for Combined Residential and Nonresidential Use. § 12A0
Zone name
Mixed Use
General category
MIXED_USE
Zone area
101.69 ac
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Kimmel R Schaefer
Individual
Free & Clear · 3 yrs held
Mailing address
11 LANDIS BLVD, WILLOW STREET, PA 17584-9570
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2023
$275,000
Kimmel R Schaefer
Restored Investments LLC
Deed
—
Aug 18, 2021
$142,000
Restored Investments LLC
Jeffrey M Wool
Deed
$150,000 · Christina Weber
Oct 13, 2009
$70,000
Jeffrey M Wool
Federal Natl Mtg Assn Fnma
Grant Deed
—
Jun 17, 2009
$3,716
Fannie Mae
Sheriff Of Lancaster County
Trustees Deed
related
—
Dec 31, 2004
$85,000
Cheryl Y Hocutt
Fetter,l W Z & Anna M
Grant Deed
$97,500 · Countrywide Home Loans INC
—
—
Jeffrey M Wool
—
Deed Of Trust
related
$100,000 · Hometowne Heritage Bank
—
—
Jeffrey M Wool
—
Deed Of Trust
related
$100,000 · Hometowne Heritage Bank
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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