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Property profile & analytics
OFF-MARKET
Estimated value
$10,990,000
Super regional malls
Lincoln Hwy E, PA
Individually Owned
3-yr Hold
Free & Clear
Property ID
US73-3987109
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1990
Total area
75,000 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C-2
APN
310-11946-0-0000
UPID
US73-3987109
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
$10.99M
Owner & transaction history
Commonwealth Of Pennsylvania · 3 yrs held
Commonwealth Of Pennsylvania
since 2023
6 recorded transactions
Zoning & alternative use
C-2 · E, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.4M
+328.0%
Medical building
$8.8M
+204.5%
Restaurant
$8.6M
+198.0%
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 E submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs E 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,405,000
Change: +328% · Conversion: Easy
MEDICAL BUILDING
$8,825,000
Change: +205% · Conversion: Difficult
RESTAURANT
$8,640,000
Change: +198% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,040,000
Change: +143% · Conversion: Difficult
RETAIL STORES
$6,645,000
Change: +129% · Conversion: Easy
Blend value · Realmo final
$10.99M
Range $9.89M – $12.09M · ±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
$147 / 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
$451
Tax year 2024
Assessed value
$22,300
Assessed 2024
Previous assessed
$22,300
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$2,000
Assessed improvement
$20,300
Land market value
$2,000
Improvement market value
$20,300
Total market value
$22,300
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1990
Heating
NONE
Total area
75,000 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C-2
APN
310-11946-0-0000
UPID
US73-3987109
Jurisdiction
LANCASTER
Zoning & alternative use
C-2 · E, PA
Zoning C-2 · permitted uses
C-2 · E, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
E. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$12.4M
MEDICAL BUILDING
Est. value
$8.8M
RESTAURANT
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$7.0M
RETAIL STORES
Est. value
$6.6M
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
1.78 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
6 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
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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