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Property profile & analytics
OFF-MARKET
Warehouses
48 Spruce St Elizabethtown, PA 17022
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2140216
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,134 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R3
APN
250-97248-0-0000
UPID
US73-2140216
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
by Request
Owner & transaction history
Moore & Moore Enterprises LLC · 4 yrs held
Moore & Moore Enterprises LLC
since 2021
Last sale
$330,000
1 recorded transaction
Zoning & alternative use
R3 · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ecial Exceptions. § 704 Accessory Uses. § 705 Conditional Uses. § 706 Height Regulations. § 707 Lot Area, Lot Width and Impervious Coverage Regulations. § 708 Setback Regulations. § 709 Off-Street Parking/Access. Part 8 R-3 HIGH-DENSITY RESIDENTIAL DISTRICT § 801 Intended Purpose. § 802 Permitted Uses. § 803 Special Exceptions. § 804 Accessory Uses. § 805 Co…
Zone name
Residential
General category
COMMERCIAL
Zone area
191.91 ac
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 Elizabethtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethtown 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
$3,128
Tax year 2024
Assessed value
$111,400
Assessed 2024
Previous assessed
$111,400
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$72,000
Assessed improvement
$39,400
Land market value
$72,000
Improvement market value
$39,400
Total market value
$111,400
Applied tax rate
250.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,134 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R3
APN
250-97248-0-0000
UPID
US73-2140216
Jurisdiction
LANCASTER
Zoning & alternative use
R3 · Elizabethtown, PAZoning R3 · permitted uses
R3 · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ecial Exceptions. § 704 Accessory Uses. § 705 Conditional Uses. § 706 Height Regulations. § 707 Lot Area, Lot Width and Impervious Coverage Regulations. § 708 Setback Regulations. § 709 Off-Street Parking/Access. Part 8 R-3 HIGH-DENSITY RESIDENTIAL DISTRICT § 801 Intended Purpose. § 802 Permitted Uses. § 803 Special Exceptions. § 804 Accessory Uses. § 805 Conditional Uses. § 806 Height Regulations. § 807 Lot Area, Lot Width and Impervious
Zone name
Residential
General category
COMMERCIAL
Zone area
191.91 ac
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Moore & Moore Enterprises LLC
Entity
Mailing address
205 E 6TH ST, LITITZ, PA 17543-2926
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
$330,000
Moore & Moore Enterprises LLC
Van J Lee
Deed
$264,000 · Pennian 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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