Property profile

525 Fairview Ave Lancaster, PA 17603

OFF-MARKET
Sports & entertainment properties
Property ID
US73-2007538
17,182 SF 7 ac lot Built 1978
Individually Owned Free & Clear
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1978
Construction BRICK
Total area 17,182 SF
Lot 7 ac (304,920 SF)
Zoning code PO
APN 338-59150-0-0000
UPID US73-2007538

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
  • Family Recreation Center

Location

525 Fairview Ave Lancaster, PA 17603-5715
Lancaster metro Census 1400 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.07M
Blend (final) Blend
$1.29M

Owner & transaction history

Zoning & alternative use

PO · Lancaster, PA
Zoning description

ngle 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 C1, C2, C3, CB, CB1, CM, SM, DF, HC,…

General category OPEN_SPACE
Top alternative use upside
Auto repair, garage $2.2M +15.7%
Restaurant $2.2M +13.6%
Retail stores $2.1M +9.7%

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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