1402 Quentin RdLebanon, PA 17042

  • Office properties
  • 4,357 SF
For Lease

Property Details for 1402 Quentin Rd

Year built
1980
Lot size
0.64 AC
Property size (Sq ft)
4,357 SF
Property type
Office properties
Property subtype
Office buildings
APN
26-2338486-361803-0000
APU
2623384863618030000

Description

This exceptional two-story office building, located at 1402 Quentin Rd. in Lebanon, PA, offers 4,985 square feet of versatile space ideal for a variety of professional uses. Situated on a 0.64-acre lot, the property boasts high visibility along Quentin Road (PA Route 72) and Arborvitae St., near Lebanon Plaza. The building, constructed in 1980, is classified as Class B and features ten parking spaces. The space is divisible, with a minimum leasable area of 1,030 square feet and a maximum contiguous space of 4,285 square feet. Two potential units exist: Unit A (approximately 3,255 square feet, spanning two floors and the basement) and Unit B (approximately 1,030 square feet on the first floor). The OI (Office & Institutional) zoning allows for a wide range of business types, including professional services, medical practices, and more. The property's location benefits from proximity to major medical facilities, including WellSpan and Penn Medicine offices, reflecting the area's strong medical presence within Lebanon County, one of Pennsylvania's fastest-growing counties. This presents a unique opportunity for businesses seeking a prominent location in a thriving market. The building consists of one structure with two stories.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $672,503
    6.5%
    $620,772
    7%
    $576,431
  • Comparable approach

    Method
    Valuation
    Relative Method
    $334,093
    Geo Method
    $274,099
  • Alternative Use

    Use
    Valuation
    Residential
    $769,757
    Hospitality
    $705,094
    Educational
    $586,630
    Medical
    $606,805
    Retail
    $912,535
1402 Quentin Rd, Lebanon, Pennsylvania
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Location Insight

City
Lebanon
County
Lebanon
State
Pennsylvania
Latitude
40.3189
Longitude
-76.4231
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
$5,713
$51,200
$202,700
$253,900
-
$52,566
$208,110
$260,676

FAQs

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