Property profile

551 1st St Lancaster, PA 17603

OFF-MARKET
Auto shops
Property ID
US73-2596289
1,632 SF 0.12 ac lot Built 1973
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,632 SF
Lot 0.12 ac (5,227 SF)
Zoning code R3
APN 338-54290-0-0000
UPID US73-2596289

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

551 1st St Lancaster, PA 17603-3613
Lancaster metro Census 1000 LANCASTER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2020
Last sale
$90,000
1 recorded transaction
2020
$90,000

Zoning & alternative use

R3 · Lancaster, PA
Zoning description

ion materials and design. See also § 300-42I , which may require a larger sight triangle for a parking lot. Maximum Height of Fences, Walls and Hedges Height Limitations Measured from Grade Residential Districts R1, R2,…

General category CIVIC_INSTITUTIONAL

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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