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    Property profile & analytics

    Market St Lykens, PA 17048

    • Turn key restaurants
    • 4,784 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Mar 20, 2024
    $280,000
    Location Intelligence
    Property ID
    US73-0785816
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for Market St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.43 lot acres
    Property size
    4,784 SF
    Property type
    Turn key restaurants
    APN
    27-005-024
    APU
    27005024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $385,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $315,000
      Mixed-Use
      $335,000
      Hospitality
      $325,000
      Educational
      $315,000
      Residential Income
      $320,000
      Energy
      $315,000
      Income-Based Land
      $290,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Lykens
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7089
    Latitude
    40.6124
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,049
    $9,400
    $210,800
    $220,200
    -
    $9,400
    $210,800
    $220,200

    Comparable in this City

    • Value Estimation
      $300,000
      21,880 SF

      103 Main St

      RESTAURANT • 21,880 SF
      103 Main St, Lykens, PA 17048
      View Details
    • Value Estimation by Request
      1,457 SF

      653 Main St

      RESTAURANT • 1,457 SF
      653 Main St, Lykens, PA 17048
      View Details
    • Value Estimation
      $245,000
      2,040 SF

      662 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,040 SF
      662 Market St, Lykens, PA 17048
      View Details
    • Value Estimation
      $375,000
      1,800 SF

      Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,800 SF
      Main St, Lykens, PA 17048
      View Details
    • Value Estimation by Request
      0.33 Acres

      3 2nd St

      PARKING LOT • 0.33 Acres
      3 2nd St, Lykens, PA 17048
      View Details
    • Value Estimation by Request
      1,488 SF

      140 Edward St

      VEHICLE SALES, RENTALS • 1,488 SF
      140 Edward St, Lykens, PA 17048-9652
      View Details

    Similar Nearby for Sale

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      Versatile Mixed-Use Building For Sale

      Mixed-use building with commercial/retail space and diverse income potential.
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      Commercial Land in Lykens, PA

      Commercial property with excellent visibility and accessibility in Lykens.
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      Lykens Commercial Building - Great Potential

      Versatile 4,000 sq ft building, prime location.
      419 Market St, Lykens, PA 17048
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    • New
      $139,900
      1,906 SF

      Spacious Multi-Unit Property in Lykens

      Versatile property: single-family or multi-unit investment opportunity.
      304 N 2Nd St, Lykens, PA 17048
      View Details
    • $150,000
      1,125 SF

      Lykens Duplex: Investment Opportunity

      Well-maintained Lykens duplex with immediate income potential.
      428-430 North St, Lykens, PA 17048
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      Land Near Mahantago Mountains

      Two land parcels totaling over 19 acres of natural beauty.
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    Market St
    Lykens, PA 17048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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