Technical
Financial
Distress signals
Property profile

501 Lemon St Lancaster, PA 17603

OFF-MARKET
Grocery and convenience stores
Property ID
US73-2679639
10,116 SF 0.17 ac lot Built 1920
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1920
Construction BRICK
Total area 10,116 SF
Lot 0.17 ac (7,405 SF)
Zoning code C1
APN 339-00641-0-0000
UPID US73-2679639

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tour Operator
  • Grocery & Convenience Store Food Market

Location

501 Lemon St Lancaster, PA 17603-3322
Lancaster metro Census 500 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.87M
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.39M

Owner & transaction history

since 2021
Last sale
$1.0M
1 recorded transaction
2021
$1.0M

Zoning & alternative use

C1 · Lancaster, PA
Zoning description

which may require a larger sight triangle for a parking lot. Maximum Height of Fences, Walls and Hedges Height Limitations Measured from Grade Residential Districts R1, R2, R3, R4, RO, MU (feet) Nonresidential Districts…

General category COMMERCIAL
Top alternative use upside
Medical building $2.3M +4.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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