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    611 12Th St Lebanon, PA 17046

    Sponsored
    For Sale
    $600,000

    1.25-acre lot, ideal location, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.25-acre commercial pad site presents a unique investment opportunity in Lebanon, Pennsylvania. Located at 611 N 12th St, Lebanon, PA 17046, this property is zoned for commercial use and offers unparalleled accessibility for the entire city and surrounding areas. The site is strategically positioned adjacent to a thriving McDonald's and the Old Forge Shopping Center, ensuring high visibility and significant foot traffic. This prime location provides convenient access for the northern Lebanon market and easy access from all parts of greater Lebanon. The property is available for sale at $600,000, or alternatively, a ground lease or build-to-suit arrangement can be negotiated. This presents a rare chance to develop a commercial property in a high-demand area with established infrastructure and a strong customer base. The property's size and location make it suitable for a wide range of commercial ventures, offering significant potential for return on investment. Don't miss this opportunity to secure a prominent location in a growing market.

    Property Features for 611 12Th St

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • 1.25‑acre commercial pad site in Lebanon, PA, available for sale ($600,000), ground lease, or build‑to‑suit.
    • High‑visibility location adjacent to McDonald's and Old Forge Shopping Center.
    • Excellent access to the entire city of Lebanon and surrounding areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ultra Lux Beauty ... Beauty Salon Save A Lot Grocery Store Coin Cloud Bitcoin ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.43310147
    Latitude
    40.34963663

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    FAQs

    What type of property is this?
    Land - 1.25-acre lot, ideal location, build-to-suit option.
    Where is this land located?
    The property is located at 611 12Th St Lebanon, PA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 1.25-acre commercial pad site in Lebanon, PA, available for sale ($600,000), ground lease, or build-to-suit.; High-visibility location adjacent to McDonald's and Old Forge Shopping Center.; Excellent access to the entire city of Lebanon and surrounding areas.
    Request Owner's contact information
    611 12Th St Lebanon, PA 17046
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    Lebanon, PA 17046
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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
    611 12Th St Lebanon, PA 17046
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