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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Office Spaces
5471 Main St, East Petersburg, PA 17520-1611
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0311460
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1969
Construction
BRICK
Total area
2,480 SF
Lot
0.51 ac (22,216 SF)
Zoning code
HC
APN
220-33631-0-0000
UPID
US73-0311460
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
Current use
Occupant on record · Public records
-
Restore Dispensaries Lancaster (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$892k
Blend (final)
Blend
$870k
Owner & transaction history
R&r Lancaster LLC · 5 yrs held
R&r Lancaster LLC
since 2021
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
HC · East Petersburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Petersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$605,000
Current use
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $900k (Feb 3 2021)
Last sale anchor
$900k
Feb 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$351 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,765
Tax year 2024
Assessed value
$297,200
Assessed 2024
Previous assessed
$297,200
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$151,700
Assessed improvement
$145,500
Land market value
$151,700
Improvement market value
$145,500
Total market value
$297,200
Applied tax rate
220.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1969
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
2,480 SF
Lot
0.51 ac (22,216 SF)
Zoning code
HC
APN
220-33631-0-0000
UPID
US73-0311460
Jurisdiction
LANCASTER
Zoning & alternative use
HC · East Petersburg, PA
Zoning HC · permitted uses
HC · East Petersburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Petersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$605,000
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
R&r Lancaster LLC
Entity
Mailing address
983 OLD EAGLE SCHOOL RD STE #612, WAYNE, PA 19087-1711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2021
$900,000
R&r Lancaster LLC
Paul M Miller
Deed
$600,000 · Paul Miller Etal
Feb 20, 2001
$250,000
Paul M Miller
Blanck,philip S & Rachel
Grant Deed
$175,000 · Farmers First Bank
—
—
Philip S Blaanck
—
Deed Of Trust
related
$150,000 · Pnc Bank
—
—
Paul M Miller
—
Deed Of Trust
related
$450,000 · Farmers First Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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