Property profile

0 Ritterway Lot35 Lebanon, PA 17042

OFF-MARKET
Land
14.42 ac lot
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Property summary

AI-generated overview

This exceptional 14.42-acre industrial land parcel, identified as RitterWay, Lot 35, is offered for sale at $1,700,000. Situated within the Lebanon Valley Business Park, a thriving 240-acre mixed-use development, this property boasts a highly desirable I-1 industrial zoning designation. The park features complete infrastructure improvements and off-site enhancements, ensuring seamless development. Benefitting from its strategic location adjacent to a DHL regional hub, this site provides unparalleled access to major transportation arteries, including the Pennsylvania Turnpike, Interstate 81, and Interstate 78. The property's size is ideal for the construction of a substantial building, with the potential to support a structure exceeding 100,000 square feet. An adjoining 54-acre parcel is also available for purchase, presenting an opportunity for significant expansion or consolidation. The property's APN is 30-2352500-353280-0000. This is a rare opportunity to acquire a well-located, sizable industrial land parcel in a thriving business park with excellent access to major transportation networks. The property is located in Cornwall Borough, Lebanon County, Pennsylvania, 17042.

Property profile

Verified
Property type Land
Lot 14.42 ac (628,135 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ritterway Lot35 Lebanon, PA 17042
Lebanon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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