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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Retail space
5904 State Rte 209, Lykens, PA 17048-8420
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2082791
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
FRAME
Total area
7,438 SF
Lot
10.86 ac (473,062 SF)
APN
66-015-028
UPID
US73-2082791
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.13M
Owner & transaction history
Hornings Country Store LLC · 5 yrs held
Hornings Country Store LLC
since 2021
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+14.1%
Auto repair, garage
$1.2M
+12.0%
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 Lykens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lykens 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
$995,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
$1,245,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,080,000
Current use
MEDICAL BUILDING
$1,230,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,210,000
Change: +12% · Conversion: Difficult
RESTAURANT
$1,050,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.30M (May 5 2021)
Last sale anchor
$1.30M
May 5 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
$152 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,777
Tax year 2023
Assessed value
$1,014,700
Assessed 2024
Previous assessed
$1,014,700
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$227,300
Assessed improvement
$787,400
Land market value
$227,300
Improvement market value
$787,400
Total market value
$1,014,700
Applied tax rate
66.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
7,438 SF
Lot
10.86 ac (473,062 SF)
APN
66-015-028
UPID
US73-2082791
Jurisdiction
DAUPHIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
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
1979
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
10.86 ac
Current owner
From public records · entity-resolved
Hornings Country Store LLC
Entity
Mailing address
5904 STATE RTE 209, LYKENS, PA 17048-8420
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
$1,300,000
Hornings Country Store LLC
Kenneth S Horning
Deed
$1,500,000 · The Gratz Bank
May 5, 2021
—
Hornings Country Store LLC
—
Deed
related
$300,000 · The Gratz Bank
Aug 23, 2019
—
Horning,kenneth S Trust
—
Deed
related
$500,000 · Mid Penn Bk
May 16, 2019
—
Horning,kenneth S Trust
Horning,kenneth S & Fay A
Quit Claim Deed
related
—
—
—
Horning,kenneth S Trust
—
Deed Of Trust
related
$500,000 · Mid Penn Bk
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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