Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1915 Pa-72 Lebanon, PA 17046
    Back to Search
    Property profile & analytics

    1915 Pa-72 Lebanon, PA 17046

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1915 Pa-72

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Lebanon County, Pennsylvania. Situated on heavily trafficked PA Route 72, this property boasts convenient access to major roadways, including PA-22 (5 minutes), PA-422 (10 minutes), I-81, and I-78 (15 minutes). The site benefits from a strategic location adjacent to the Lebanon Auto Auction, providing immediate visibility and high daily traffic volume exceeding 11,000 vehicles. The property features existing paved parking, ensuring ample space for customers and employees. The land is zoned for General Commercial use, offering flexibility for a variety of development projects. Secure gated access enhances the property's security and exclusivity. The potential exists for expansion with additional land acquisition or the construction of custom-designed buildings to meet specific business needs. This prime location and its high visibility make it ideal for businesses seeking strong exposure and convenient access to a large customer base. The existing infrastructure and zoning regulations create a streamlined path to development, making this a truly compelling investment opportunity. Don't miss this chance to secure a prominent location in a thriving commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.4735
    Latitude
    40.3781

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      611 12Th St

      Land • 1.25 Acres
      611 12Th St, Lebanon, PA 17046
      View Details
    • Value Estimation by Request
      0.80 Acres

      611 12Th St

      Land • 0.80 Acres
      611 12Th St, Lebanon, PA 17046
      View Details
    • Value Estimation by Request
      11.27 Acres

      3135 Windsor Dr

      Land • 11.27 Acres
      3135 Windsor Dr, Lebanon, PA 17046
      View Details
    • Value Estimation by Request
      1,892 SF

      147 Alder St

      COMMERCIAL (GENERAL) • 1,892 SF
      147 Alder St, Lebanon, PA 17046
      View Details
    • Value Estimation by Request
      1,540 SF

      163 Gannon St

      COMMERCIAL (GENERAL) • 1,540 SF
      163 Gannon St, Lebanon, PA 17046
      View Details
    • Value Estimation by Request
      8,496 SF

      31 Old Ebenezer Rd

      COMMERCIAL (GENERAL) • 8,496 SF
      31 Old Ebenezer Rd, Lebanon, PA 17046-1719
      View Details

    Similar Nearby for Sale

    • $500,000
      35,000 SF

      High-Visibility Lebanon Commercial Pad Site

      .8-Acre Pad, Prime Lebanon Location, Build-to-Suit
      1212 Maple St, Lebanon, PA 17046
      View Details
    • Contact for pricing
      122,000 SF

      Industrial Land in Established Park

      8.71 acres for warehouse/distribution in North Lebanon, PA.
      3135 Windsor Dr, Lebanon, PA 17046
      View Details
    • Contact for pricing
      175,500 SF

      Industrial Land in Lebanon, PA

      12.96 acres of industrial land for logistics facility development.
      E Suzy St, Lebanon, PA 17046
      View Details
    • $425,000
      0.56 Acres

      Approved Townhouse Subdivision Opportunity

      Approved 8-lot townhouse subdivision in Lebanon, PA.
      725 N 1St St, Lebanon, PA 17046
      View Details
    • Contact for pricing

      Prime Pad Site For Sale

      1.25 acre pad site available in Lebanon, Pennsylvania.
      611 N 12Th St, Lebanon, PA 17046
      View Details
    • Contact for pricing

      Commercial Pad Site For Sale

      Approximately 0.8-acre commercial pad site available for sale.
      611 N 12Th St, Lebanon, PA 17046
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,300 SF

      Retail Space in Lebanon Center

      Neighborhood retail center anchored by Giant Foods, 4,300 SF available.
      801-835 Bowman St, Lebanon, PA 17046
      View Details
    • Contact for pricing

      Retail Development in Lebanon, PA

      Retail center with anchor and inline space available for lease.
      1212 Maple St, Lebanon, PA 17046
      View Details
    • $7 SF/Yr
      15,000 SF

      Lebanon Warehouse/Manufacturing Space Available

      Versatile warehouse/manufacturing space with loading docks and drive-in doors.
      105 N 16Th St, Lebanon, PA 17046
      View Details
    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.
    1915 Pa-72
    Lebanon, PA 17046
    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
    1915 Pa-72, 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!