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200 Schneider Drive, Lebanon, PA, 17046
Self-Storage and Office Property

200 Schneider Drive Lebanon, PA 17046

For Sale
$1,100,000

Mixed-use commercial property includes an office building and two storage buildings with 26 units on nearly 2 acres.

Property Size11,080 SF
Lot Size1.97 Acres
Price / SF$99.28
Days on Market509

Property Features for 200 Schneider Drive

General Information

Standard status
Active
Size
11,080 SF
Lot size
1.97 Acres
Property subtype
Commercial

Building Details

Year Built
2000
Listing Agency: Bennett Williams Realty,Inc.
Listed By: Joshua Miller · License #RS365967
Source: Deepcreeklake
Added: Mar 4, 2025 Changed: Jul 25 Last Checked: Jul 25 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Realty,Inc.


Investment Insights

Based on property information with market context.

200 Schneider Drive in Lebanon, Pennsylvania is an 11,080-square-foot commercial property on 1.97 acres at the corner of Schneider Drive and North 3rd Street. The site is built in 2000 and includes a 5,700-square-foot office building plus two separate storage buildings totaling 5,380 square feet, divided into 26 storage units.

The property offers flat topography, ample parking, and a four-car garage. Additional space is available for future storage sheds or expansion, supporting flexible site use.

Currently, the property is leased to three long-term tenants, and additional office suites are available for lease or owner occupancy, creating a combination of income and practical space options within the same site.

Key Highlights

  • 11,080 SF commercial property on 1.97 acres at the corner of Schneider Drive and North 3rd Street in Lebanon, PA
  • Includes a 5,700 SF office building plus two separate storage buildings totaling 5,380 SF
  • Two storage buildings divided into 26 storage units

Financial Insights For Self Storage

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $146.3k $13.20
− Vacancy −$10.2k −$0.92
EGI $136.0k $12.28
− OpEx −$40.8k −$3.68
NOI $95.2k $8.59
11,080 SF · lease $13.20/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,863 @ 7.0% cap · market cap 12.53%
Second Best
Self Storage
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,213 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$2.60M
$2.28M – $3.03M (±1% cap)
NOI $182,049 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Hearing & Ear Care ... Hearing Aid Store Cyprus Hair Salon Hair Salon Dr. Linda Gonya-Hartman Physician

Suggested Use

Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale Store Pharmacy Gym & Fitness Center Garden Center Skin Care Clinic Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - Mixed-use commercial property includes an office building and two storage buildings with 26 units on nearly 2 acres.
Where is this self storage facility located?
The property is located at 200 Schneider Drive Lebanon, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 11,080 SF commercial property on 1.97 acres at the corner of Schneider Drive and North 3rd Street in Lebanon, PA; Includes a 5,700 SF office building plus two separate storage buildings totaling 5,380 SF; Two storage buildings divided into 26 storage units
More about this property
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