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Property profile & analytics
OFF-MARKET Estimated value $550,000
Medical Office Space

517 Main St Lititz, PA 17543-2121

2,916 SF 0.4 ac lot Built 1928
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-1065238
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1928
Construction BRICK
Total area 2,916 SF
Lot 0.4 ac (17,424 SF)
Zoning code NSD
APN 370-52176-0-0000
UPID US73-1065238
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
$610k
CAP Approach CAP
$655k
Comparable Approach Comparable
$484k
Blend (final) Blend
$550k
Owner & transaction history
Balsam Realty LLC · 3 yrs held
Balsam Realty LLC
since 2023
Last sale
$535,000
1 recorded transaction
2023
$535,000
Zoning & alternative use
NSD · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 211.1 Neighborhood Storefront District. (NSD) A. Purpose. The regulations for this District are intended to provide for business enterprises and commercial needs while preserving and enhancing the sense of place, which is experienced within the Borough. This District encourages commercial uses, which primarily function to serve the needs of the local…

Zone name Neighborhood Storefront District
General category UNKNOWN
Zone area 11.00 ac
Source Microsoft Word - ZO cover
Top alternative use upside
Commercial (general) $710,000 +21.2%
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