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Property profile & analytics
OFF-MARKET
Retail space
748 Lancaster Pike New Providence, PA 17560
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-2157635
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1914
Construction
FRAME
Total area
1,371 SF
Lot
19.36 ac (843,322 SF)
Zoning code
RNC
APN
520-20509-0-0000
UPID
US73-2157635
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lancaster Pike Properties LLC · 4 yrs held
Lancaster Pike Properties LLC
since 2021
Last sale
$482,000
7 recorded transactions
Zoning & alternative use
RNC · New Providence, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 New Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Providence 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,099
Tax year 2024
Assessed value
$1,420,100
Assessed 2024
Previous assessed
$288,100
+392.9% YoY
Effective rate
1.56%
On assessed value
Assessed land
$277,900
Assessed improvement
$1,142,200
Land market value
$277,900
Improvement market value
$1,142,200
Total market value
$1,420,100
Applied tax rate
520.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1914
Construction
FRAME
Heating
FORCED AIR
Stories
2
Rooms
8
Total area
1,371 SF
Lot
19.36 ac (843,322 SF)
Zoning code
RNC
APN
520-20509-0-0000
UPID
US73-2157635
Jurisdiction
LANCASTER
Zoning & alternative use
RNC · New Providence, PA
Zoning RNC · permitted uses
RNC · New Providence, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1914
Construction
FRAME
Heating
FORCED AIR
Stories
2
Rooms
8
Lot
19.36 ac
Current owner
From public records · entity-resolved
Lancaster Pike Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
722 TRUCE RD, QUARRYVILLE, PA 17566-9733
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
—
Lancaster Pike Properties LLC
Lancaster Pike Properties LLC
Intrafamily Transfer
related
—
Aug 19, 2019
$482,000
Lancaster Pike Properties LLC
Richard L Graybill
Grant Deed
$386,000 · Farm Credit Svcs
Jun 1, 2009
—
Richard L Graybill
Graybill,richard L
Quit Claim Deed
related
—
May 29, 2009
$211,208
Richard L Graybill
Graybill Melvin B
Grant Deed
related
—
—
—
Lancaster Pike Properties LLC
—
Deed Of Trust
related
$60,000 · Farm Credit Svcs
—
—
Lanchaster Pike Properties LLC
—
Deed Of Trust
related
$122,000 · Farm Credit Svcs
—
—
Richard L Graybill
—
Deed Of Trust
related
$90,000 · Fulton Bank
—
—
Richard L Graybill
—
Deed Of Trust
related
$150,000 · Fulton 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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