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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Grocery and convenience stores
890 Lancaster Ave Columbia, PA 17512-2206
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US73-1146442
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,562 SF
Lot
0.38 ac (16,553 SF)
Zoning code
HC
APN
110-85288-0-0000
UPID
US73-1146442
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
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Csp Group LLP · 12 yrs held
Csp Group LLP
since 2013
1 recorded transaction
Zoning & alternative use
HC · Columbia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
HC Highway Commercial District: To provide for a wide range of commercial uses along the Route 462 corridor. (15) RC Riverfront Commercial District: To encourage a mix of entertainment, restaurant and other commercial uses that will take advantage of proximity to the river and the downtown, and that will be compatible with a proposed recreation trail. (16) L…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
62.02 ac
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 Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia 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
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$109 / 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
$7,041
Tax year 2024
Assessed value
$188,400
Assessed 2024
Previous assessed
$188,400
+0.0% YoY
Effective rate
3.74%
On assessed value
Assessed land
$66,900
Assessed improvement
$121,500
Land market value
$66,900
Improvement market value
$121,500
Total market value
$188,400
Applied tax rate
110.0000
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
2,562 SF
Lot
0.38 ac (16,553 SF)
Zoning code
HC
APN
110-85288-0-0000
UPID
US73-1146442
Jurisdiction
LANCASTER
Zoning & alternative use
HC · Columbia, PAZoning HC · permitted uses
HC · Columbia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
HC Highway Commercial District: To provide for a wide range of commercial uses along the Route 462 corridor. (15) RC Riverfront Commercial District: To encourage a mix of entertainment, restaurant and other commercial uses that will take advantage of proximity to the river and the downtown, and that will be compatible with a proposed recreation trail. (16) LI Light Industrial District: To provide for a mix of light industrial uses, offices and certain related commercial uses. To avoid the heaviest types of industrial uses. (17) GI General Industrial District: To provide for a range of industrial uses, to meet the Borough's obligation under state law to offer opportunities for all legitimate land uses.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
62.02 ac
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Csp Group LLP
Entity
Mailing address
1029 DANDELION DR, YORK, PA 17404-6460
Ownership since
2013
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
Sep 17, 2013
$181,000
Csp Group LLP
Dillon Companies INC
Grant Deed
$144,800 · Metropolitan 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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