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    Property profile & analytics

    5298 Newport Rd Gap, PA 17527-9786

    • Commercial land
    • 5.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 20, 2023
    Location Intelligence
    Property ID
    US73-3217922
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Glick Structures / Shed Builder

    Property Details for 5298 Newport Rd

    Lot size
    5.17 lot acres
    Property type
    Commercial land
    APN
    560-00988-0-0000
    APU
    5600098800000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gap
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.0311
    Latitude
    39.9927
    CBSA code
    29540
    CBSA name
    LANCASTER, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,199
    $322,700
    $0.00
    $322,700
    -
    $322,700
    $0.00
    $322,700

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      5290 Newport Rd

      VACANT COMMERCIAL LAND • 2.00 Acres
      5290 Newport Rd, Gap, PA 17527-9786
      View Details
    • Value Estimation by Request
      1.50 Acres

      5 Pne Crk Dr

      VACANT COMMERCIAL LAND • 1.50 Acres
      5 Pne Crk Dr, Gap, PA 17527-9445
      View Details
    • Value Estimation by Request
      0.42 Acres

      5315 Lincoln Hwy

      VACANT COMMERCIAL LAND • 2,688 SF
      5315 Lincoln Hwy, Gap, PA 17527-9701
      View Details
    • Value Estimation by Request
      0.08 Acres

      5311 Lincoln Hwy

      VACANT COMMERCIAL LAND • 1,650 SF
      5311 Lincoln Hwy, Gap, PA 17527-9701
      View Details
    • Value Estimation by Request
      9.10 Acres

      Newport Rd

      INDUSTRIAL - VACANT LAND • 9.10 Acres
      Newport Rd, Gap, PA 17527
      View Details
    • Value Estimation by Request
      982,485 SF

      766 Brackbill Rd

      OFFICE (GENERAL) • 982,485 SF
      766 Brackbill Rd, Gap, PA 17527-9457
      View Details

    Similar Nearby for Sale

    • $249,000
      1.84 Acres

      Land in Gap, Pennsylvania

      1.84 acres, R-2 zoning, public water and sewer.
      Pleasant Vw Rd, Gap, PA 17527
      View Details
    • $849,900
      3,138 SF

      Prime Gap Retail Investment

      Three-unit income property, high visibility
      864 Route 41, Gap, PA 17527
      View Details
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    5298 Newport Rd
    Gap, PA 17527-9786
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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