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Property profile & analytics
OFF-MARKET
Retail space
429 Rohrerstown Rd Lancaster, PA 17603-2234
Individually Owned
2-yr Hold
Property ID
US73-0193220
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
FRAME
Total area
2,372 SF
Lot
0.45 ac (19,602 SF)
Zoning code
SR
APN
290-24112-0-0000
UPID
US73-0193220
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
-
Jimmy-Joe's Hot Air Balloons and Wafflehouse Wedding Service Event Planning
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
Trilochan Singh · 2 yrs held
Trilochan Singh
since 2023
Last sale
$435,000
7 recorded transactions
Zoning & alternative use
SR · 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
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
$4,614
Tax year 2024
Assessed value
$213,500
Assessed 2024
Previous assessed
$213,500
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$61,300
Assessed improvement
$152,200
Land market value
$61,300
Improvement market value
$152,200
Total market value
$213,500
Applied tax rate
290.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
3
Rooms
6
Bathrooms
1
Total area
2,372 SF
Lot
0.45 ac (19,602 SF)
Zoning code
SR
APN
290-24112-0-0000
UPID
US73-0193220
Jurisdiction
LANCASTER
Zoning & alternative use
SR · Lancaster, PA
Zoning SR · permitted uses
SR · 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
1950
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
2
Rooms
6
Bathrooms
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Trilochan Singh
Individual
Mailing address
429 ROHRERSTOWN RD, LANCASTER, PA 17603-2234
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
$435,000
Trilochan Singh
Palmer Landis Allen
Deed
—
Nov 10, 2021
—
Allen P Landis
—
Deed
related
$286,000 · Truist Bank
Oct 24, 2019
—
Palmer Landis Allen
—
Deed
related
$26,000 · Branch Banking And Trust Co
Nov 15, 2018
$300,000
Allen P Landis
Ferguson,mary
Grant Deed
$255,000 · Branch Bk&tr
Jul 11, 2007
$325,000
Mary Ferguson
Dorm,rodney S
Grant Deed
$350,000 · Sovereign Bank
Oct 1, 2004
$275,000
Rodney S Dorm
Diffenbaugh,douglas A & Elaine L
Grant Deed
$220,000 · Waypoint Bank
—
—
Mary Ferguson
—
Deed Of Trust
related
$15,000 · Metropolitan Bank
—
—
Mary T Ferguson
—
Deed Of Trust
related
$223,075 · M & T 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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