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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Grocery and convenience stores
731 Broad St Lititz, PA 17543
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-2511413
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
BRICK
Total area
3,655 SF
Lot
0.89 ac (38,768 SF)
Zoning code
GB
APN
370-69415-0-0000
UPID
US73-2511413
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
$1.03M
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$900k
Owner & transaction history
David D Forry JR.
David D Forry JR.
1 recorded transaction
Zoning & alternative use
GB · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of General Business District are intended to provide suitable locations for commercial uses, including both small-scale and large-scale businesses, as well as vertical mixed-use with residential uses above ground floor non-residential uses. Enable Uses that serve local residents as well as motorists passing through the Borough, and pedestrians wa…
Zone name
General Business District
General category
MIXED_USE
Zone area
18.29 ac
Source
Realmo
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 Lititz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lititz 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,110,000
6.5%
$1,025,000
7%
$950,000
Blend value · Realmo final
$900k
Range $810k – $990k · ±10%
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
$246 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$21,796
Tax year 2024
Assessed value
$963,500
Assessed 2024
Previous assessed
$963,500
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$152,800
Assessed improvement
$810,700
Land market value
$152,800
Improvement market value
$810,700
Total market value
$963,500
Applied tax rate
370.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
3,655 SF
Lot
0.89 ac (38,768 SF)
Zoning code
GB
APN
370-69415-0-0000
UPID
US73-2511413
Jurisdiction
LANCASTER
Zoning & alternative use
GB · Lititz, PAZoning GB · permitted uses
GB · Lititz, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of General Business District are intended to provide suitable locations for commercial uses, including both small-scale and large-scale businesses, as well as vertical mixed-use with residential uses above ground floor non-residential uses. Enable Uses that serve local residents as well as motorists passing through the Borough, and pedestrians walking in the District. Promote a Gateway character as a graceful transition to the Downtown. Advocate for streetscape enhancements to link the Gateway to the Downtown. Advocate for context-sensitive infill development and redevelopment. Promote uses that are consistent with the intent of this District, which require a higher level of scrutiny, as Uses by Special Exception.
Zone name
General Business District
General category
MIXED_USE
Zone area
18.29 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
David D Forry JR.
Individual
Mailing address
65 S HECK RD, LITITZ, PA 17543-8560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
David D Forry JR.
—
Deed Of Trust
related
$505,000 · Ephrata National Bank
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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