Technical
Financial
Distress signals
Property profile

640 Franklin St Lancaster, PA 17602

OFF-MARKET
Auto shops
Property ID
US73-2079680
1,488 SF 0.54 ac lot Built 1948
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1948
Construction STEEL FRAME
Total area 1,488 SF
Lot 0.54 ac (23,522 SF)
Zoning code R2
APN 337-43785-0-0000
UPID US73-2079680

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Waste Management Facility Hazardous Waste Disposal

Location

640 Franklin St Lancaster, PA 17602-4642
Lancaster metro Census 800 LANCASTER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2022
Last sale
$275,000
2 recorded transactions
2022
Price N/A
2016
$22,000

Zoning & alternative use

R2 · Lancaster, PA
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 pr…

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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