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Property profile

428 N Duke St Lancaster, PA 17602

FOR SALE
Medical Office Space
Property ID
US73-2451378
3,888 SF 0.09 ac lot Built 1880
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Victorian-style mansion contains a large reception room and hardwood flooring, with architectural moldings and additional interior spaces totaling four rooms of accommodation. The layout includes two half bathrooms and a kitchenette, and several areas receive abundant natural light. The property features a large front porch and provides shared use of the yard. It was previously configured for use as a beauty salon and is positioned near LGH, providing commercial zoning eligibility and access to a high-traffic location; the building is suited for commercial purposes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$273k
Assessed land$43k
Assessed improvement$230k
Effective rate3.96%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$475k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 931.56% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$228/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$119 – $296

Cap rate analysis

How does the asset earn?
931.56%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R4
The R4 District is characterized by the past conversion of many single family dwellings to two family and multifamily dwellings and to sm...
General categoryCIVIC_INSTITUTIONAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith10.9
Dry Cleaner10.2
Furniture Store9.3

Location

428 N Duke St Lancaster, PA 17602
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
405 Duke, Lancaster, PA 17602-4905 $740,000 Feb 2025 2,562 SF
1412 King, Lancaster, PA 17602-3240 $2,824,076 Jun 2023 8,760 SF
18 Grant, Lancaster, PA 17602 $297,000 Dec 2021 1,302 SF
703 Lampeter, Lancaster, PA 17602-4013 $1,200,000 Sep 2020 8,805 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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