Technical
Financial
Distress signals
Property profile

516 Ml Ave Lancaster, PA 17603

OFF-MARKET
Warehouses
Property ID
US73-2708466
1,752 SF 0.02 ac lot Built 1910
Individually Owned Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1910
Construction BRICK
Total area 1,752 SF
Lot 0.02 ac (871 SF)
Zoning code R4
APN 335-09544-0-0000
UPID US73-2708466

Cap rate & NOI

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

Location

516 Ml Ave Lancaster, PA 17603-3427
Lancaster metro Census 600 LANCASTER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2026
6 recorded transactions
2026
Price N/A
2026
$260,000
2024
Price N/A
2018
Price N/A
2011
Price N/A
1969
Price N/A

Zoning & alternative use

R4 · Lancaster, PA
Zoning description

materials and design. See also § 300-42I , 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,…

General category CIVIC_INSTITUTIONAL

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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