Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8.71 Acre Industrial Site Title is generated by Realmo AI

    3135 Windsor Dr, Lebanon, PA 17046

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    8.71 acre industrial site near US 422 and I-78.

    Type:Land
    Lot size:
    8.71 Acres
    Added:
    Mar 7, 2023
    Days on Market:
    1184
    Last Refresh:
    May 12 at 11:02 pm

    Property Features for 3135 Windsor Dr

    General Information

    Standard status
    Active
    Lot size
    8.71 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    May Smith

    Listing agent May Smith License #****

    Listing office National Land Developers, LLC

    Listing date Mar 7, 2023

    Source Crexi

    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 National Land Developers, LLC

    HighLights

    • 8.71 acre site zoned for industrial use.
    • Located within an existing industrial park with access to industrial electric, public sewer & water.
    • Favorable preliminary review for a 122,000+ SF Class A open industrial building design; final approval expected 2023.
    • Located 1 mile from US 422.
    • Allowable uses include warehouse/distribution, cold storage, indoor sporting facility and various manufacturing processes.
    • Generous 75' roof height allowable.

    Overview

    This 8.71-acre site is located approximately 1 mile from US 422 in North Lebanon Township, Lebanon County, and 7 miles from the I-78 and I-81 interchange via Route 72. Situated within an existing industrial park, the site is zoned for industrial use. A favorable preliminary review has been received from local authorities for a proposed Class A, open industrial building design exceeding 122,000 square feet, with final approval expected in 2023. The site includes access to industrial electric, public sewer, and water. Allowable uses within this industrial zone include warehouse/distribution, cold storage, indoor sporting facilities, and various manufacturing processes. A generous 75-foot roof height is permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.4471
    Latitude
    40.372

    Nearby Similar for Sale

    • $385,000
      2,804 SF

      Income-Producing Four-Unit Multifamily Property

      Investor-ready four-unit property with parking lot in Lebanon, PA.
      432 N 5TH Street, LEBANON, PA 17046
      View Details
    • $1,100,000

      Lebanon Commercial Property with Storage

      Office and storage property with income potential in Lebanon, PA.
      200 SCHNEIDER Drive, LEBANON, PA 17046
      View Details
    • $975,000

      Commercial Land on Route 72

      11+/- acres of commercial land with high visibility.
      OLD MINE Road, LEBANON, PA 17042
      View Details
    • $189,900
      2,232 SF

      Two-Unit Multifamily Property

      Fully occupied duplex with income potential in Lebanon, PA.
      119 CUMBERLAND Street, LEBANON, PA 17042
      View Details
    • $229,000
      1,217 SF

      Lebanon Duplex with Income Potential

      Fully rented duplex in Lebanon with immediate income and upside.
      135 S 11TH Street, LEBANON, PA 17042
      View Details
    • $230,000
      2,256 SF

      Lebanon Duplex with Garage Income

      Income-generating duplex with additional rental income from detached garage.
      528 MAPLE Street, LEBANON, PA 17046
      View Details
    • $219,900
      1,568 SF

      Mixed-Use Property in Lebanon City

      Mixed-use property with commercial space and residential apartment.
      827 CHESTNUT Street, LEBANON, PA 17042
      View Details
    • $400,000
      6,973 SF

      Lebanon Mixed-Use Investment Opportunity

      Mixed-use property with storefront, apartments, and warehouse in downtown Lebanon.
      211 N 8TH Street, LEBANON, PA 17046
      View Details
    • $399,900
      2,999 SF

      Lebanon Four-Unit Income Property

      Fully rented four-unit income property in Lebanon, Pennsylvania.
      14-16 N 7TH Street, LEBANON, PA 17046
      View Details
    • $298,000
      3,259 SF

      Fully Occupied Income-Producing Triplex

      Three residential units and a garage provide income potential.
      127 N 9TH Street, LEBANON, PA 17046
      View Details
    • $450,000
      6,470 SF

      Two-Story Brick Building For Sale

      Two-story brick building with redevelopment underway and customization options.
      170 N 9th St, Lebanon, PA
      View Details
    • $199,900

      2.06 Acre Lot in Lebanon

      Land with garage, well, septic, and country views.
      993 MOUNT WILSON Road, LEBANON, PA 17042
      View Details

    FAQs

    What type of property is this?
    Industrial land - 8.71 acre industrial site near US 422 and I-78.
    Where is this industrial land located?
    The property is located at 3135 Windsor Dr Lebanon, PA.
    What are key features of this property?
    This property features: 8.71 acre site zoned for industrial use.; Located within an existing industrial park with access to industrial electric, public sewer & water.; Favorable preliminary review for a 122,000+ SF Class A open industrial building design; final approval expected 2023.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    May Smith
    Real Estate License ID: ****
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3135 Windsor Dr, Lebanon, PA 17046
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!