Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    541 Furnace Hls Pike Lititz, PA 17543-8909

    • Individual retail properties
    • 720 SF
    • 3.70 lot acres
    OFF-MARKET
    Last Sale
    Jul 29, 2022
    $1,000,000
    Value Estimations
    $1,030,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1288233
    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

    • Individual retail properties

    Property Details for 541 Furnace Hls Pike

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.70 lot acres
    Property size
    720 SF
    Zone code
    I-1
    Property type
    Individual retail properties
    APN
    600-77034-0-0000
    APU
    6007703400000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,200,000
      ML approach
      $1,095,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lititz
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3069
    Latitude
    40.1699
    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
    $15,888
    $370,000
    $440,400
    $810,400
    -
    $370,000
    $440,400
    $810,400

    Comparable in this City

    • Value Estimation by Request
      12,536 SF

      105 Warwick St

      GYM, HEALTH SPA • 12,536 SF
      105 Warwick St, Lititz, PA 17543-1018
      View Details
    • Value Estimation
      $1,475,000
      96,836 SF

      201 Maple St

      GYM, HEALTH SPA • 96,836 SF
      201 Maple St, Lititz, PA 17543
      View Details
    • Value Estimation by Request
      2,268 SF

      324 Nn Ln, Unit 1

      BARBER, HAIR SALON • 2,268 SF
      324 Nn Ln, Lititz, PA 17543-1611
      View Details
    • Value Estimation by Request
      2,560 SF

      9 New St

      LAUNDROMAT (SELF-SERVICE) • 2,560 SF
      9 New St, Lititz, PA 17543-1134
      View Details
    • Value Estimation
      $675,000
      1,961 SF

      511 Furnace Hls Pike

      CONVENIENCE STORE • 1,961 SF
      511 Furnace Hls Pike, Lititz, PA 17543-8902
      View Details
    • Value Estimation by Request
      2,895 SF

      843 Furnace Hls Pike

      RETAIL STORES (PERSONAL SERVICES) • 2,895 SF
      843 Furnace Hls Pike, Lititz, PA 17543-9526
      View Details

    Similar Nearby for Sale

    • New
      $1,150,000
      0.93 Acres

      Prime Commercial Property in Lititz

      High-visibility commercial property on Route 501 in thriving Lititz, PA.
      929 Lititz Pike, Lititz, PA 17543
      View Details
    • $2,400,000
      9,200 SF

      Lititz Office/Retail Building For Sale

      9,200 SF office building on 0.96 acres in Lititz, PA.
      743 S Broad St, Lititz, PA 17543
      View Details
    • $250,000

      Established Rita's Franchise For Sale

      Long-standing Rita's franchise in Giant-anchored Lititz shopping center.
      46 Peters Rd, Lititz, PA 17543
      View Details
    • $995,000
      13,000 SF

      Retail Building Near Lititz Springs

      Freestanding retail building suitable for various commercial uses.
      105 Warwick St, Lititz, PA 17543
      View Details
    • $1,170,000
      13,000 SF

      Lititz Retail Space: Prime Location

      High-traffic retail building, 13,000 sq ft.
      105 Warwick St, Lititz, PA 17543
      View Details
    • $250,000
      1 SF

      Lititz Shopping Center Investment

      Established Rita's Franchise, Prime Location
      46 Peters Rd, Lititz, PA 17543
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      284,494 SF

      Kissel Village Retail Space

      Lititz, PA retail space: 1,400-6,500 sq ft available.
      1040 Lititz Pike, Lititz, PA 17543
      View Details
    • Contact for pricing
      1,469 SF

      Retail Space in Lititz Center

      Retail space available in a well-located shopping center.
      235 Bloomfield Dr, Lititz, PA 17543
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space in Lititz Pike

      Retail space anchored by Target and Giant Food Store.
      986 Lititz Pike, Lititz, PA 17543
      View Details
    • Contact for pricing
      1,773 SF

      Retail Space in Manheim Township

      Neighborhood retail center in Lititz, PA, suitable for various uses.
      1170 Erbs Quarry Rd, Lititz, PA 17543
      View Details
    • Contact for pricing
      1,687 SF

      Retail Space in Lititz, PA

      Retail space for lease in a busy shopping center.
      245 Bloomfield Dr, Lititz, PA 17543
      View Details
    • Contact for pricing
      61,877 SF

      Shoppes at Bloomfield Village Retail

      Lititz, PA Retail Space Available
      235-245 Bloomfield Dr, Lititz, PA 17543
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    541 Furnace Hls Pike
    Lititz, PA 17543-8909
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.