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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Turn key restaurants
Lincoln E Hwy Lancaster, PA 17602
Individually Owned
3-yr Hold
Free & Clear
Property ID
US73-3931276
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1990
Construction
FRAME
Total area
5,888 SF
Lot
1.43 ac (62,291 SF)
Zoning code
C-2
APN
310-53164-0-0000
UPID
US73-3931276
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$595k
Owner & transaction history
Commonwealth Of Pennsylvania · 3 yrs held
Commonwealth Of Pennsylvania
since 2023
7 recorded transactions
Zoning & alternative use
C-2 · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$101 / 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
$2,162
Tax year 2024
Assessed value
$106,800
Assessed 2024
Previous assessed
$222,600
-52.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$106,800
Land market value
$106,800
Total market value
$106,800
Applied tax rate
310.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
5,888 SF
Lot
1.43 ac (62,291 SF)
Zoning code
C-2
APN
310-53164-0-0000
UPID
US73-3931276
Jurisdiction
LANCASTER
Zoning & alternative use
C-2 · Lancaster, PA
Zoning C-2 · permitted uses
C-2 · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Commonwealth Of Pennsylvania
Individual
Free & Clear · 3 yrs held
Mailing address
2140 HERR ST, HARRISBURG, PA 17103-1625
Ownership since
2023
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
Jul 5, 2023
—
Commonwealth Of Pennsylvania
Mp Lancastera
Quit Claim Deed
related
—
Dec 12, 2022
$30,500,000
Mp Lancaster LLC
Rockvale Acquisition LLC
Special Warranty Deed
$36,600,000 · Fuse 10 LLC
Apr 12, 2018
—
Rock Vale Acquisition LLC
—
Grant Deed
related
$37,250,000 · Bank Of America
Dec 5, 2017
$30,000,000
Rockvale Acquisition LLC
35 South Wllslowdale Drive Holdings
Special Warranty Deed
$23,001,550 · Td Bank NA
Jun 26, 2017
—
35 S Willowdale Drive Hldgs Ll
Rockvale Group
Grant Deed
related
—
Mar 24, 2004
—
Rockvale Outlet Center LP
—
Deed Of Trust
related
$58,000,000 · Morgan Stanley Mtg Capital INC
Mar 14, 2003
—
Rockvale Group
Rockvale Associates
Quit Claim Deed
related
—
Jan 17, 2003
—
Rockvale Group
Rockvale Associates
Quit Claim Deed
related
—
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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