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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
498 High St Elizabethtown, PA 17022-2142
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2748612
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1885
Construction
FRAME
Total area
3,996 SF
Lot
0.12 ac (5,227 SF)
Zoning code
MU
APN
250-26393-0-0000
UPID
US73-2748612
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
$690k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$645k
Owner & transaction history
Slagill Family Enterprises LLC · 3 yrs held
Slagill Family Enterprises LLC
since 2023
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
MU · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$805,000
+26.6%
Auto repair, garage
$665,000
+4.6%
Commercial (general)
$640,000
+0.4%
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
Method
Estimation
Statistic approach
$795,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$670,000
Alternative Use
Use
Estimation
RETAIL STORES
$635,000
Current use
MEDICAL BUILDING
$805,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$665,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$640,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $540k (Feb 17 2023)
Last sale anchor
$540k
Feb 17 2023
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
$161 / 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
$5,784
Tax year 2024
Assessed value
$206,000
Assessed 2024
Previous assessed
$206,000
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$62,200
Assessed improvement
$143,800
Land market value
$62,200
Improvement market value
$143,800
Total market value
$206,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1885
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
3,996 SF
Lot
0.12 ac (5,227 SF)
Zoning code
MU
APN
250-26393-0-0000
UPID
US73-2748612
Jurisdiction
LANCASTER
Zoning & alternative use
MU · Elizabethtown, PA
Zoning MU · permitted uses
MU · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elizabethtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$635,000
MEDICAL BUILDING
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$640,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1885
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Slagill Family Enterprises LLC
Entity
Mailing address
124 BUTTERCUP LN, WELLSVILLE, PA 17365-9235
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2023
$540,000
Slagill Family Enterprises LLC
Nathan D Lamb
Deed
$432,000 · Linkbank
Aug 1, 2022
—
Nathan D Lamb
—
Deed
related
$250,000 · Members 1st FCU
Jun 30, 2021
—
Nathan D Lamb
—
Deed
related
$75,000 · Northwest Bank
Jun 3, 2011
$284,900
Nathan D Lamb
Fantom,kevin R & Jane K
Grant Deed
$227,920 · Fulton Bank
Apr 28, 2005
$75,000
Kevin R Fantom
Leaf Properties LLC
Grant Deed
$60,000 · Sovereign Bank
Mar 2, 2005
$40,000
Leaf Properties LLC
Mortgage Electronic Registrati
Grant Deed
—
—
—
Kevin R Fantom
—
Deed Of Trust
related
$115,000 · Susquehanna Bank
—
—
Kevin R Fantom
—
Deed Of Trust
related
$140,000 · Fulton Bank
—
—
Nathan D Lamb
—
Deed Of Trust
related
$220,000 · Union Community Bank Fsb
—
—
Nathan D Lamb
—
Deed Of Trust
related
$50,000 · Union Community Bank Fsb
—
—
Alaska Seaboard Partners LP
—
Deed Of Trust
related
$176,000 · Lehman Capital Corp
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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