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    1651 Cumberland St Lebanon, PA 17042

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, multiple units available.

    Lot size:
    47,405 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1651 E Cumberland St in Lebanon, Pennsylvania, 17042, presents a unique investment opportunity. The property encompasses a total of 47,405 square feet of retail space situated on a one-acre lot. Currently, there are multiple units available, totaling 8,990 square feet of vacant space, offering immediate occupancy potential for expanding businesses or new ventures. The flexible layout allows for customization to suit diverse retail needs. The property's prime location ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to major roadways. The existing building provides a solid foundation for immediate use, while the ample vacant space allows for expansion or redevelopment. This property is ideal for businesses seeking a prominent presence in a thriving community. With its strategic location and substantial square footage, this retail center offers a compelling opportunity for growth and profitability. The property's classification as both retail and land provides added flexibility for future development or expansion. The address is easily accessible and highly visible, making it an attractive location for a variety of retail businesses. The one-acre lot provides ample space for parking and potential future development. This is a rare opportunity to acquire a well-located, established retail property with significant upside potential.

    Property Features for 1651 Cumberland St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,405 SF

    Unit(s) available at that property

    Space
    Available Pad Site
    Size
    43,560 SF
    Space
    Available Space
    Size
    8,990 SF

    HighLights

    • Rare ±1‑acre pad site available for lease on Route 422 (15,400 VPD).
    • 31,899 households within a 15‑minute drive time.
    • Area retailers include Weis Markets, Walmart, Giant, Aldi, and Home Depot.
    • Pad sites located in front of and adjacent to a major grocery store.
    • Pad sites ready for immediate development.
    • Prime location ideal for a quick‑service restaurant (QSR).
    Property Profile Location Intelligence

    Current Use by Public Records

    Weis Markets Grocery Store Redbox Movie Rental Kiosk Weis Pharmacy Pharmacy Coinstar Money Transfer Service Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.3829913
    Latitude
    40.3523612

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    FAQs

    What type of property is this?
    Land - High-traffic retail space, multiple units available.
    Where is this land located?
    The property is located at 1651 Cumberland St Lebanon, PA.
    What are key features of this property?
    This property features: Rare ±1-acre pad site available for lease on Route 422 (15,400 VPD).; 31,899 households within a 15-minute drive time.; Area retailers include Weis Markets, Walmart, Giant, Aldi, and Home Depot.
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    Lebanon, 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
    1651 Cumberland St Lebanon, PA 17042
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