Mixed-Use Property with
For Sale
Under Contract
$1,100,000
200 SCHNEIDER Drive, Lebanon, PA 17046
Commercial Sale, LEBANON, PA
Property Size11,080 SF
Lot Size1.97 Acres
Price / SF$99.28
Days on Market344
Property Features for 200 SCHNEIDER Drive
General Information
Property type
Other
Property subtype
Office
Parking
28
Parking features
Parking Lot
Elementary school district
LEBANON
Middle school district
LEBANON
High school district
LEBANON
Standard status
Active Under Contract
Lot size
1.97 Acres
Taxes and HOA fees
Tax Annual Amount
15938
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2000
Building materials
Vinyl Siding
Listing Agency:
Bennett Williams Realty, Inc.
(717) 843-5555
Listed By:
Joshua Miller · License #RS365967
(717) 383-6647
Added: Nov 13, 2025
Changed: Oct 21
Last Checked: Oct 23 at 1:06PM
MLS# PALN2023706
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2000, this mixed-use property contains an 11,080-square-foot office and storage portfolio on 1.97 acres. The office building measures 5,700 square feet, while two separate storage buildings provide 5,380 square feet across 26 units. A four-car garage and parking lot are also on site. Three long-term tenants currently occupy the property, and office suites are available for lease or owner occupancy.
The parcel sits at the corner of Schneider Drive and North 3rd Street in Lebanon, Pennsylvania. The level site has room for additional storage sheds or other expansion, according to the stated site capacity.
The parcel sits at the corner of Schneider Drive and North 3rd Street in Lebanon, Pennsylvania. The level site has room for additional storage sheds or other expansion, according to the stated site capacity.
Key Highlights
- 11,080 square feet across office and storage buildings on 1.97 acres
- 5,700‑square‑foot office building with suites available for lease or owner occupancy
- Two storage buildings total 5,380 square feet and contain 26 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,213
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,904,260
$1.9M
Cap Rate 7%
$1,360,186
$1.4M
Cap Rate 9%
$1,057,922
$1.1M
Market Conditions
NOI Build-Up for 11,080 SF
Gross rent
$146.3K $13.20/SF
− Vacancy
−$10.2K −$0.92/SF
EGI
$136.0K $12.28/SF
− OpEx
−$40.8K −$3.68/SF
NOI
$95.2K $8.59/SF
Area
Lebanon County, PA
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,904,260
Cap Rate 7%
$1,360,186
Cap Rate 9%
$1,057,922
Alternative Uses
Best Use
Office B
$1.97M
$1.72M – $2.30M
NOI $137,863 @ 7.0% cap · market cap 12.53%
Second Best
Mixed Use
$1.60M
$1.40M – $1.87M
NOI $112,185 @ 7.0% cap · market cap 10.20%
Theoretical Best
Office A
$2.60M
$2.28M – $3.03M
NOI $182,049 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Explore this area
Business Placement
Demographics for 17046, PA
31,272
Population
13,570
Households
2.3
Avg Household Size
39
Median Age
12%
College-Educated
84%
High-School Grad
38.9 sq mi
ZIP Area
804
Density / Sq Mi
$59,633
Median Household Income
$37,261
Median Earnings
$1,036
Median Rent
$180,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site combines office suites, storage units, and a four-car garage, with additional office space available for occupancy.
Where is this mixed-use property 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 square feet across office and storage buildings on 1.97 acres; 5,700‑square‑foot office building with suites available for lease or owner occupancy; Two storage buildings total 5,380 square feet and contain 26 units
