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Property profile & analytics
OFF-MARKET
Commercial real estate
96 Cartledge Ln Millersville, PA 17551-9567
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-3057665
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Lot
7.57 ac (329,749 SF)
Zoning code
RH1
APN
410-89770-0-0000
UPID
US73-3057665
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
Letort Investments LP · 15 yrs held
Letort Investments LP
since 2011
6 recorded transactions
Zoning & alternative use
RH1 · Millersville, 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 Millersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millersville 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
$12,539
Tax year 2024
Assessed value
$574,200
Assessed 2024
Previous assessed
$574,200
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$574,200
Land market value
$574,200
Total market value
$574,200
Applied tax rate
410.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Heating
NONE
Lot
7.57 ac (329,749 SF)
Zoning code
RH1
APN
410-89770-0-0000
UPID
US73-3057665
Jurisdiction
LANCASTER
Zoning & alternative use
RH1 · Millersville, PAZoning RH1 · permitted uses
RH1 · Millersville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
7.57 ac
Current owner
From public records · entity-resolved
Letort Investments LP
Entity
Mailing address
629 GOOSE NCK DR, LITITZ, PA 17543-8368
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2011
$599,600
Letort Investments LP
Manor Oaks III Associates LLC
Grant Deed
$450,000 · Integrity Bank
Jan 6, 2011
$887,328
Manor Oaks III Associates LLC
Integrity Bk
Grant Deed
$600,000 · Berkshire Bank
Nov 24, 2010
—
Integrity Bk
Gemcraft Homes INC
Trustees Deed
related
—
Apr 27, 2010
—
Integrity Bk
Gemcraft Homes INC
Deed In Lieu Of Foreclosure
related
—
Apr 12, 2010
$125,000
Mandi N Dupain
Gemcraft Homes INC
Deed
$65,000 · First National Bank Of Chester Coun
Sep 18, 2008
$154,990
Brian K Stevenson
Gemcraft Homes INC
Grant Deed
$153,306 · Wells Fargo 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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