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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office Spaces
Old Philadelphia Pike Gordonville, PA 17529
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-2244097
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Construction
BRICK
Total area
5,935 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C-1
APN
350-03977-0-0000
UPID
US73-2244097
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
$1.14M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.47M
Owner & transaction history
Center Street Partners
Center Street Partners
since 2025
5 recorded transactions
Zoning & alternative use
C-1 · Gordonville, 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 Gordonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gordonville 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%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,450,000
Current use
RESTAURANT
$1,205,000
Change: -17% · Conversion: Difficult
MEDICAL BUILDING
$1,195,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$248 / 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
$24,704
Tax year 2024
Assessed value
$1,265,200
Assessed 2024
Previous assessed
$1,265,200
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$192,000
Assessed improvement
$1,073,200
Land market value
$192,000
Improvement market value
$1,073,200
Total market value
$1,265,200
Applied tax rate
350.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
5,935 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C-1
APN
350-03977-0-0000
UPID
US73-2244097
Jurisdiction
LANCASTER
Zoning & alternative use
C-1 · Gordonville, PAZoning C-1 · permitted uses
C-1 · Gordonville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
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
1999
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Center Street Partners
Entity
Mailing address
100 HISTORIC DR, STRASBURG, PA 17579-1458
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Center Street Partners
—
Deed
related
$544,000 · Bank Of Bird In Hand
Jun 23, 2022
—
Center Street Partners
—
Deed
related
$800,000 · Truist Bank
—
—
Center Street Partners
—
Deed Of Trust
related
$500,000 · Paul H & Mary Kurtz
—
—
Center Street Partners
—
Deed Of Trust
related
$1,306,624 · Paul H & Mary Kurtz
—
—
Center Street Partners
—
Deed Of Trust
related
$1,100,000 · National Penn 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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