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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Investment properties
418 Market St Lemoyne, PA 17043-1686
Entity Owned
Free & Clear
Property ID
US73-1535810
Property summary
AI-generated overview
This exceptional 2-story creative office space, located at 418 Market Street in Lemoyne, Pennsylvania, offers 1,256 square feet of vacant space within a 2,424 square foot building. The property boasts a desirable single-tenant occupancy and features large storefront windows providing excellent street visibility. The open floor plan is highly adaptable to a variety of commercial uses, making it ideal for businesses seeking a flexible and functional workspace. Ample off-street parking is available with 24 total spaces. The building sits on a 4.9-acre lot and has a 7'10" ceiling height. The property is zoned Downtown (DT) and has a 200-amp power supply. While there are no elevators, the two-story layout offers convenient access. The property's well-maintained exterior and efficient interior layout present a compelling opportunity for businesses seeking a strategic location in a thriving area. The property's address is 418 Market Street, Lemoyne, PA 17043, and its APN is 12-21-0265-158. This is a rare opportunity to secure a well-located, versatile commercial space in a vibrant Pennsylvania community.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Total area
6,292 SF
Lot
0.49 ac (21,344 SF)
APN
12-21-0265-158
UPID
US73-1535810
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
$905k
Comparable Approach
Comparable
$732k
Blend (final)
Blend
$775k
Owner & transaction history
PLK REAL EST LLC
PLK REAL EST LLC
Zoning & alternative use
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 Lemoyne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lemoyne 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%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$960,000
Current use
OFFICE BUILDING
$850,000
Change: -11% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$795,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$123 / 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
$7,782
Tax year 2024
Assessed value
$387,500
Assessed 2024
Previous assessed
$387,500
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$170,800
Assessed improvement
$216,700
Land market value
$170,800
Improvement market value
$216,700
Total market value
$387,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Total area
6,292 SF
Lot
0.49 ac (21,344 SF)
APN
12-21-0265-158
UPID
US73-1535810
Jurisdiction
CUMBERLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$960,000
OFFICE BUILDING
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$795,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Lot
0.49 ac
Current owner
From public records · entity-resolved
PLK REAL EST LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 450, LEMOYNE, PA 17043-0450
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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