Property profile

1021 Cumberland St Lebanon, PA 17042

OFF-MARKET
Investment properties
Property ID
US73-3281141
7,702 SF 0.41 ac lot Built 1950
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 6,686 square foot freestanding building presents a unique opportunity in Lebanon, Pennsylvania's Central Business District. Located on Cumberland Street, this property boasts excellent visibility and accessibility. The building's flexible design caters to a variety of uses, encompassing retail, office, and industrial needs. The interior features 15-foot ceilings throughout, providing ample vertical space, and includes two 14-foot high dock doors for convenient loading and unloading. The 0.41-acre lot offers ample off-street parking. The Central Business District zoning allows for a wide range of permitted uses, including bakeries, restaurants, microbreweries, distilleries, convenience stores, contractor's offices, retail, office, and medical facilities, among others. The property also includes attached storage units, offering potential for additional income streams. Currently vacant, this building is priced at $350,000, with a price per square foot of $52.35. This is an ideal owner-occupant facility with significant potential for growth and profitability. The property is situated on Route 422, offering easy access to major transportation routes.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 7,702 SF
Lot 0.41 ac (17,860 SF)
APN 03-2336824-369220-0000
UPID US73-3281141

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Auto Parts Store Big Box & Wholesale Store

Location

1021 Cumberland St Lebanon, PA 17042-5147
Lebanon metro Census 300 LEBANON, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2025
Last sale
$288,400
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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