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    Property profile & analytics

    4607 Division Hwy East Earl, PA 17519

    • Medical offices
    • 4,890 SF
    • 0.65 lot acres
    For Lease
    View listing
    Last Sale
    Aug 25, 2020
    $3,910
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2427392
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Daniel T. West, DC / Alternative Medicine Practice
    • Walaszczy Tom DC / Alternative Medicine Practice
    • Phoenix Physical Therapy / Medical Clinic

    Property Details for 4607 Division Hwy

    Year built
    1954
    Construction
    FRAME
    Lot size
    0.65 lot acres
    Property size
    4,890 SF
    Zone code
    IV
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    200-06074-0-0000
    APU
    2000607400000

    Description

    This exceptional freestanding retail property at 4607 Division Highway in East Earl, Lancaster County, offers 4,000 square feet of versatile space, ideal for a variety of uses including medical, dental, office, or retail. Built in 1954 and renovated in 1970, the single-tenant building sits on a 6.5-acre lot (APN: 200-06074-0-0000) and boasts a turnkey interior, perfect for immediate occupancy. The property's strategic location along Route 322 (approx. 10,000 cars per day) and proximity to Route 23 (approx. 12,000 cars per day) ensures high visibility and accessibility. Benefiting from a strong residential presence and proximity to major traffic generators such as Shady Maple Smorgasbord, Shady Maple Farm Market, and Goods Market, this property presents a significant opportunity. A unique feature is the inclusion of three fully leased residential apartments, adding to the investment potential for an owner-operator. This presents a compelling opportunity to establish a business in a thriving East Earl market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $637,000
      Market price range: $637k - $1.32M
      AI Estimate
      $327,000
      Market price range: $327k - $856k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $815,000
      RETAIL STORES
      $790,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Earl
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.0353
    Latitude
    40.1144
    CBSA code
    29540
    CBSA name
    LANCASTER, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,835
    $67,600
    $258,200
    $325,800
    -
    $67,600
    $258,200
    $325,800

    Comparable in this City

    • Value Estimation
      $730,000
      4,728 SF

      4222 Division Hwy

      OFFICE (GENERAL) • 4,728 SF
      4222 Division Hwy, East Earl, PA 17519
      View Details
    • Value Estimation by Request
      2,176 SF

      1238 Earl Rd

      OFFICE (GENERAL) • 2,176 SF
      1238 Earl Rd, East Earl, PA 17519-9800
      View Details
    • Value Estimation
      $955,000
      7,560 SF

      325 Broad St

      OFFICE (GENERAL) • 7,560 SF
      325 Broad St, East Earl, PA 17519-9333
      View Details
    • Value Estimation
      $510,000
      2,769 SF

      1254 Earl Rd

      OFFICE (GENERAL) • 2,769 SF
      1254 Earl Rd, East Earl, PA 17519-9701
      View Details
    • Value Estimation
      $640,000
      2,761 SF

      815 Reading Rd

      OFFICE (GENERAL) • 2,761 SF
      815 Reading Rd, East Earl, PA 17519
      View Details
    • Value Estimation
      $8,025,000
      45,960 SF

      Rancks Church Rd

      OFFICE (GENERAL) • 45,960 SF
      Rancks Church Rd, East Earl, PA 17519
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      60,000 SF

      Prime East Earl Industrial/Office Space

      60,000 SF Warehouse/Office - For Lease
      4996 Division Hwy, East Earl, PA 17519
      View Details
    • Contact for pricing
      4,000 SF

      Prime Retail Space, East Earl

      Freestanding building, 4,000 sq ft, high traffic area
      4607 Division Hwy, East Earl, PA 17519
      View Details
    • Contact for pricing
      6,000 SF

      East Earl Retail Center Opportunity

      Prime Lancaster County retail space for lease.
      0 Main St And Marble Ave, East Earl, PA 17519
      View Details
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    4607 Division Hwy
    East Earl, PA 17519
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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