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Property profile & analytics

225 16Th St Lebanon, PA 17042

  • Showrooms
  • 122,078 SF
  • 5.07 lot acres
For Lease
Last Sale
Apr 23, 2021
Value Estimations
$695,000
Cap Rate Potential
Location Intelligence
Property ID
US73-3402801
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hershey Distribution Center / Warehouse

Property Details for 225 16Th St

Year built
1980
Lot size
5.07 lot acres
Property size
122,078 SF
Property type
Showrooms
APN
35-2333118-369906-0000
APU
3523331183699060000

Description

This exceptional industrial property in Lebanon, PA, offers 121,567 square feet of versatile space, ideal for distribution, warehousing, or manufacturing. The building features multiple tenancy options, with a minimum divisible space of 68,000 square feet. Key features include a 25-foot ceiling height, four loading docks with levelers, and one drive-in door. The property boasts 3-phase power, public water/sewer, and gas HVAC. Approximately 2,000 square feet of climate-controlled office space is also included. Situated on 5.07 acres of land, this strategically located facility is zoned for manufacturing and enjoys easy access to major transportation arteries, including US-422, I-76 PA Turnpike, and I-81/I-78. Lebanon's established logistics and industrial hub provides access to a robust workforce and proximity to prominent companies such as The Hershey Company, Novartis, and Cargill Animal Nutrition. This property presents a unique opportunity to establish a significant presence in a thriving industrial market. The cross street is Willow St, and the zip code is 17042. Rent incentives are available.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $695,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Lebanon
State
Pennsylvania
Longitude
-76.4415
Latitude
40.3414
CBSA code
30140
CBSA name
LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$77,833
$341,400
$2,120,700
$2,462,100
-
$350,513
$2,177,310
$2,527,823
More about this property
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