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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Auto shops
48 Broad St Lititz, PA 17543-1050
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0996086
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1920
Construction
BRICK
Total area
150,893 SF
Lot
10.13 ac (441,263 SF)
Zoning code
I
APN
370-22980-0-0000
UPID
US73-0996086
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Joseph U Lee IV · 6 yrs held
Joseph U Lee IV
since 2019
Last sale
$640,711
7 recorded transactions
Zoning & alternative use
I · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
eption. h. Real estate signs shall not exceed twenty-four (24) square feet and shall be removed within a week after settlement on the sale or lease of the property. Such signs are limited to one (1) per street frontage. i. All signs are also subject to all other applicable regulations of this Section, including those outlined in Sub-section 311 K. 6. Industr…
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
162.55 ac
Source
Microsoft Word - ZO cover
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 Lititz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lititz 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
$830,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $641k (Jun 10 2020)
Last sale anchor
$641k
Jun 10 2020
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
$6 / 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
$5,843
Tax year 2024
Assessed value
$258,300
Assessed 2024
Previous assessed
$258,300
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$258,300
Land market value
$258,300
Total market value
$258,300
Applied tax rate
370.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
SPACE
Cooling
YES
Buildings
2
Stories
2
Total area
150,893 SF
Lot
10.13 ac (441,263 SF)
Zoning code
I
APN
370-22980-0-0000
UPID
US73-0996086
Jurisdiction
LANCASTER
Zoning & alternative use
I · Lititz, PAZoning I · permitted uses
I · Lititz, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
eption. h. Real estate signs shall not exceed twenty-four (24) square feet and shall be removed within a week after settlement on the sale or lease of the property. Such signs are limited to one (1) per street frontage. i. All signs are also subject to all other applicable regulations of this Section, including those outlined in Sub-section 311 K. 6. Industrial District. a. Signs permitted under Sub-section 311.E. b. Business Identificat
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
162.55 ac
Source
Microsoft Word - ZO cover
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
2
Lot
10.13 ac
Current owner
From public records · entity-resolved
Joseph U Lee IV
Individual
Mailing address
2450 MARIETTA AVE, LANCASTER, PA 17601-1943
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2020
—
Denise M Bollard
—
Deed
related
$180,000 · Fulton Bank NA
Dec 13, 2019
$604,718
Joseph U Lee IV
48 North Broad Street LLC
Grant Deed
$483,250 · Fulton Bk NA
Dec 2, 2019
$601,223
Shannon A Smith
48 North Broad Street LLC
Grant Deed
—
Nov 25, 2019
$1,385,827
J Reed
48 North Broad Street LLC
Grant Deed
$995,000 · Fulton Bk NA
Nov 25, 2019
$950,713
Menno H Eby JR
48 North Broad Street LLC
Grant Deed
—
Nov 13, 2019
$499,271
Kimberly K Schaller
48 North Broad Street LLC
Grant Deed
—
Nov 5, 2019
$651,448
Douglas L Engle
48 North Broad Street LLC
Grant Deed
—
Oct 8, 2019
$701,797
Daniel J Chess
48 North Broad Street LLC
Grant Deed
—
Sep 13, 2019
$719,838
J Lester Wagner
48 North Broad Street LLC
Grant Deed
—
Apr 1, 2019
$499,000
Denise M Bollard
48 North Broad Street LLC
Grant Deed
$176,811 · 48 North Broad Street LLC
Feb 21, 2019
—
Lh Investors LLC
48 North Broad Street LLC
Correction Deed
related
—
Feb 13, 2018
—
48 North Broad Street LLC
Cargill Cocoa & Chocolate INC
Grant Deed
—
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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