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Property profile & analytics
OFF-MARKET Estimated value $355,000
Warehouses

628 Hand Ave Lancaster, PA 17602

2,000 SF 0.12 ac lot Built 1930
Individually Owned 15-yr Hold Free & Clear
Property ID
US73-2683616
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,000 SF
Lot 0.12 ac (5,227 SF)
Zoning code R2
APN 336-59604-0-0000
UPID US73-2683616
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
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k
Owner & transaction history
Donald G Braun · 15 yrs held
Donald G Braun
since 2010
2 recorded transactions
2010
Price N/A
2005
$65,000
Zoning & alternative use
R2 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R2 Districts may be waived. The applicant must also demonstrate to the Zoning Hearing Board's satisfaction that the granting of the special exception will not result in structural, safety or health hazards to abutting properties and must present evidence to the Board of full compliance with the following conditions: A. That a five-foot open distance will be…

Zone name Residential Semi Detached
General category CIVIC_INSTITUTIONAL
Zone area 468.29 ac
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