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    100 Confidential Ln Cornwall, PA 17042

    Sponsored
    For Sale
    $2,400,000

    Profitable Hotel, Prime Location

    Property size:
    11,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This three-story, 11,326 square foot hotel in Lebanon, PA, presents a compelling investment opportunity. Built in 1965 and situated on a 0.25-acre lot in the Central Business District (CBD), this property boasts a 97% occupancy rate and offers significant potential for return. The sale includes both the real estate and the established business, which has an appraised value of approximately $1 million. Conveniently located near numerous shops and restaurants, the hotel also benefits from public parking across the street. The property's zoning designation is CBD, offering flexibility for future development or expansion. With a total asking price of $2,400,000 ($211.90 per square foot), this hotel represents a strong investment in a thriving Pennsylvania market. The property's address is 100 Confidential Lane, Lebanon, PA 17042, APN 02-2337436-368895-0000.

    Property Features for 100 Confidential Ln

    General Information

    Property type
    Hotels
    Square Feet
    11,326 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1965
    Stories
    3

    HighLights

    • $2,400,000 asking price for this institutional investment opportunity.
    • 11,326 square foot hotel in a prime CBD location.
    • 97% occupancy rate.
    • Built in 1965, this three‑story hotel sits on a 0.25‑acre lot.
    • Includes both real estate and business; business appraised at approximately $1M.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Cornwall
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.426400900807
    Latitude
    40.338493465699

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    FAQs

    What type of property is this?
    Hotel - Profitable Hotel, Prime Location
    Where is this hotel located?
    The property is located at 100 Confidential Ln Cornwall, PA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: $2,400,000 asking price for this institutional investment opportunity.; 11,326 square foot hotel in a prime CBD location.; 97% occupancy rate.
    Request Owner's contact information
    100 Confidential Ln Cornwall, PA 17042
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    Cornwall, PA 17042
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    Realmo Value Estimation

    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.

    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.

    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
    100 Confidential Ln Cornwall, PA 17042
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