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Property profile & analytics
OFF-MARKET Estimated value $2,470,000
Retail space

620 Paxton Pl Lititz, PA 17543-8279

28,682 SF 1.59 ac lot Built 2007
Entity Owned 19-yr Hold Free & Clear
Property ID
US73-1677485
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,682 SF
Lot 1.59 ac (69,260 SF)
Zoning code R-2
APN 390-95624-0-0000
UPID US73-1677485
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.47M
Owner & transaction history
Herr Group LLC · 19 yrs held
Herr Group LLC
since 2006
1 recorded transaction
2006
$63,074
Zoning & alternative use
R-2 · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 208. R-2 Residential Districts. A. Purpose. The purpose of this District is to promote the continuation of high density residential neighborhoods and to protect such neighborhoods from incompatible land uses. Single-family detached dwellings represent the most prevalent land use throughout this District. Certain nonresidential uses, which are compati…

Zone name Residential District
General category RESIDENTIAL
Zone area 323.92 ac
Source Microsoft Word - ZO cover
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