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Property profile & analytics
OFF-MARKET Estimated value $1,750,000
Investment properties

718 Poplar St Lebanon, PA 17042-6763

44,407 SF 2.32 ac lot Built 2019
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-3104800
Property summary
AI-generated overview

This exceptional mixed-use property, Poplar Commons, presents a rare opportunity in Lebanon, PA. Located at the corner of South 8th Street & Poplar Street, this single-story, 33,992 square foot building boasts a newly renovated exterior, including a modern facade, updated storefronts, a completely resurfaced parking lot, new exterior lighting, and fresh landscaping. The property also features a new illuminated pylon sign and upgraded HVAC and plumbing systems. A total of 100 parking spaces are available for tenants and their customers. The building, constructed in 1958 and extensively renovated in 2017, is classified as Class B and is zoned OI. The 2.32-acre lot offers ample space and visibility. Currently, the property is multi-tenant, with spaces ranging from 2,600 to 10,000 contiguous square feet available. A total of 12,600 square feet is currently vacant. Its strategic location offers easy access to SR 422 and SR 72, and is within walking distance of the Lebanon County Court House and City Building. The property's proximity to the Rails-To-Trails adds to its appeal. Existing tenants include a diverse mix of businesses, showcasing the property's versatility and strong tenant base. This professionally managed property offers a compelling investment opportunity with significant upside potential. The "vanilla box" fit-out provides flexibility for a variety of businesses. Elevators are available.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2019
Total area 44,407 SF
Lot 2.32 ac (101,059 SF)
APN 01-2338509-366043-0000
UPID US73-3104800
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
Current use
Occupant on record · Public records
  • Aerotek Consultant Employment Agency
  • PA Careerlink® | Lebanon County Employment Agency
  • EnVision Financial Group Financial Advisor
  • Army Recruiting Office Lebanon, PA Military Recruiting Office
  • Palm Advertiser Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$1.75M
Owner & transaction history
San-pef INC · 10 yrs held
San-pef INC
since 2016
6 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
2016
$395,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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