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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Warehouses
40 Market St Elizabethtown, PA 17022-2014
Individually Owned
~
Est. High Equity
Property ID
US73-5611544
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1900
Construction
BRICK
Total area
9,414 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD
APN
250-92460-0-0000
UPID
US73-5611544
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
$631k
Blend (final)
Blend
$545k
Owner & transaction history
Rae Ann Boozer
Rae Ann Boozer
since 2025
3 recorded transactions
Zoning & alternative use
CBD · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CBD CENTRAL BUSINESS DISTRICT § 901 Intended Purpose. § 902 Permitted Uses. § 903 Special Exceptions. § 904 Accessory Uses. § 905 Conditional Uses. § 906 Use Restrictions. § 907 Conversion of Accessory Structures into Residential Units.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
46.08 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$58 / 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
$6,868
Tax year 2024
Assessed value
$244,600
Assessed 2024
Previous assessed
$244,600
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$74,200
Assessed improvement
$170,400
Land market value
$74,200
Improvement market value
$170,400
Total market value
$244,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
9,414 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD
APN
250-92460-0-0000
UPID
US73-5611544
Jurisdiction
LANCASTER
Zoning & alternative use
CBD · Elizabethtown, PAZoning CBD · permitted uses
CBD · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CBD CENTRAL BUSINESS DISTRICT § 901 Intended Purpose. § 902 Permitted Uses. § 903 Special Exceptions. § 904 Accessory Uses. § 905 Conditional Uses. § 906 Use Restrictions. § 907 Conversion of Accessory Structures into Residential Units.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
46.08 ac
Building & site characteristics
From public records
Year built
1900
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Rae Ann Boozer
Individual
Mailing address
12 SAGER RD, ELIZABETHTOWN, PA 17022-2868
Ownership since
2025
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
Oct 15, 2025
—
Rae Ann Boozer
Shirley A Bowers
Deed
—
Jul 19, 2013
—
Shirley A Bowers
Bowers Raymond M
Quit Claim Deed
related
—
—
—
Raymond M Bowers
—
Deed Of Trust
related
$82,500 · Union National Community 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.
Try Rey
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