Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

451 S Prince St Lancaster, PA 17603

FOR SALE
Auto shops
Property ID
US73-0815223
5,821 SF 0.2 ac lot Built 1936
Last sale Dec 2024 · $501,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is an automotive repair shop in Lancaster City, configured for service and contractor-related uses. It includes an approximately 5,821-square-foot building and is zoned for Mixed Use. The building also contains a residential unit configured as a 3-bedroom apartment, with renovations completed at some point prior to the listing. The site is positioned for visibility and provides access appropriate for customer and service traffic, supporting use as a service-based business within the Mixed Use zoning framework.

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?
$5k
Tax billed · 2024
Assessed value$122k
Assessed land$60k
Assessed improvement$62k
Effective rate3.96%

Value estimate

· Nov 2026
$440k
$396k – $484k
AI approach$355k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 5.45% cap applied$32k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$153/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$87 – $219
Qualifying comparables11

Cap rate analysis

How does the asset earn?
5.45%
$32k 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?
MU
The MU District includes undeveloped land where new mixed use residential and nonresidential development with traditional neighborhood ch...
General categoryMIXED_USE
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.9
Plumbing Service9.9
Locksmith9.8

Location

451 S Prince St Lancaster, PA 17603
County assessor Recorded deeds · 6 transfers 11 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
853 Prince, Lancaster, PA 17603-5811 $815,000 Mar 2025 5,757 SF
850 Mnr, Lancaster, PA 17603-5006 $550,000 Aug 2024 4,410 SF
33 Old Dorwart, Lancaster, PA 17603 $599,000 Jun 2022 5,420 SF
1405 Vermont, Lancaster, PA 17603-2525 $520,000 Feb 2022 5,760 SF
1810 Columbia, Lancaster, PA 17603-4336 $959,000 Nov 2021 7,942 SF
518 Mary, Lancaster, PA 17603-2817 $200,000 Apr 2021 5,514 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
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved