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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office Spaces
50 Wilson Ave Elizabethtown, PA 17022-2165
Individually Owned
Free & Clear
Property ID
US73-2121730
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1920
Construction
FRAME
Total area
1,971 SF
Lot
1.06 ac (46,174 SF)
Zoning code
MU
APN
250-50760-0-0000
UPID
US73-2121730
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
$500k
CAP Approach
CAP
$375k
Comparable Approach
Comparable
$523k
Blend (final)
Blend
$530k
Owner & transaction history
AMTRAK
AMTRAK
Zoning & alternative use
MU · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 1207 Outside Storage And Display. § 1208 Height Regulations. § 1209 Lot Area, Lot Width And Impervious Coverage Regulations. § 1210 Setback Regulations. § 1211 Off-Street Parking/Access and Loading/Unloading. Part 12A MU MIXED-USE DISTRICT § 12A01 Intended Purpose. § 12A02 Permitted Uses. § 12A03 Special Exceptions. § 12A04 Conditional Uses. § 12A05 Conver…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
101.69 ac
Top alternative use upside
Medical building
$395,000
+26.0%
Auto repair, garage
$330,000
+4.2%
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
by Request
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$410,000
6.5%
$375,000
7%
$350,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$395,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$330,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$269 / 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
$12,023
Tax year 2024
Assessed value
$428,200
Assessed 2024
Previous assessed
$428,200
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$133,600
Assessed improvement
$294,600
Land market value
$133,600
Improvement market value
$294,600
Total market value
$428,200
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
1920
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
1,971 SF
Lot
1.06 ac (46,174 SF)
Zoning code
MU
APN
250-50760-0-0000
UPID
US73-2121730
Jurisdiction
LANCASTER
Zoning & alternative use
MU · Elizabethtown, PAZoning MU · permitted uses
MU · Elizabethtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 1207 Outside Storage And Display. § 1208 Height Regulations. § 1209 Lot Area, Lot Width And Impervious Coverage Regulations. § 1210 Setback Regulations. § 1211 Off-Street Parking/Access and Loading/Unloading. Part 12A MU MIXED-USE DISTRICT § 12A01 Intended Purpose. § 12A02 Permitted Uses. § 12A03 Special Exceptions. § 12A04 Conditional Uses. § 12A05 Conversion of Existing Structure for Combined Residential and Nonresidential Use. § 12A0
Zone name
Mixed Use
General category
MIXED_USE
Zone area
101.69 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$395,000
AUTO REPAIR, GARAGE
Est. value
$330,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1920
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
AMTRAK
Individual
Free & Clear · 0 yrs held
Mailing address
400 N CAPITOL ST NW, WASHINGTON, DC 20001-1511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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