Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces
50 Market St Elizabethtown, PA 17022-2025
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-5683190
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1900
Construction
FRAME
Total area
2,877 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CBD
APN
250-98234-0-0000
UPID
US73-5683190
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
Prrg LLC · 10 yrs held
Prrg LLC
since 2015
5 recorded transactions
Zoning & alternative use
CBD · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CBD CENTRAL BUSINESS DISTRICT § 901 Intended Purpose. § 902 Permitted Uses. § 903 Special Exceptions. § 904 Accessory Uses. § 905 Conditional Uses. § 906 Use Restrictions. § 907 Conversion of Accessory Structures into Residential Units.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
46.08 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
$4,425
Tax year 2024
Assessed value
$157,600
Assessed 2024
Previous assessed
$157,600
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$61,200
Assessed improvement
$96,400
Land market value
$61,200
Improvement market value
$96,400
Total market value
$157,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Units
2
Total area
2,877 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CBD
APN
250-98234-0-0000
UPID
US73-5683190
Jurisdiction
LANCASTER
Zoning & alternative use
CBD · Elizabethtown, PAZoning CBD · permitted uses
CBD · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CBD CENTRAL BUSINESS DISTRICT § 901 Intended Purpose. § 902 Permitted Uses. § 903 Special Exceptions. § 904 Accessory Uses. § 905 Conditional Uses. § 906 Use Restrictions. § 907 Conversion of Accessory Structures into Residential Units.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
46.08 ac
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Prrg LLC
Entity
Mailing address
26 S MARKET ST, ELIZABETHTOWN, PA 17022-2307
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2015
$168,000
Prrg LLC
C & E Real Estate INC
Deed
$100,000 · Members 1st Community FCU
Jul 30, 2012
$175,000
C & E Real Estate INC
Xambor LLC
Grant Deed
—
Jun 12, 2008
$235,000
Xambor LLC
Fredlund,tomas A & Naomi R
Grant Deed
$175,000 · Orrstown Bank
Sep 17, 2002
$118,000
Thomas A Fredlund
Smith,john H & Eileen G
Grant Deed
—
Nov 5, 2001
$75,000
John H Smith
Walmer,phillis D
Grant Deed
$58,000 · Union National Community 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 50 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
