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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Investment properties
1123 Reinoehl St, Lebanon, PA 17046-2842
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-3106301
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1970
Total area
7,740 SF
Lot
0.92 ac (40,075 SF)
APN
10-2335577-374568-0000
UPID
US73-3106301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bright & Bubbly Laundry (Bike/Boat/Book/etc) Store
-
ECoMAX LLC Car Dealership
-
Al's Transport LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$670k
Owner & transaction history
Double B Partners LLC · 2 yrs held
Double B Partners LLC
since 2023
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+137.8%
Medical building
$900,000
+109.9%
Retail stores
$720,000
+67.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$750,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$430,000
Current use
AUTO REPAIR, GARAGE
$1,015,000
Change: +138% · Conversion: Difficult
MEDICAL BUILDING
$900,000
Change: +110% · Conversion: Easy
RETAIL STORES
$720,000
Change: +68% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$580,000
Change: +36% · Conversion: Moderate
WAREHOUSE, STORAGE
$560,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$550,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $600k (Dec 22 2023)
Last sale anchor
$600k
Dec 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,381
Tax year 2024
Assessed value
$501,100
Assessed 2024
Previous assessed
$501,100
+0.0% YoY
Effective rate
3.07%
On assessed value
Assessed land
$160,800
Assessed improvement
$340,300
Land market value
$165,092
Improvement market value
$349,383
Total market value
$514,475
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1970
Heating
NONE
Stories
2
Units
2
Bathrooms
1
Total area
7,740 SF
Lot
0.92 ac (40,075 SF)
APN
10-2335577-374568-0000
UPID
US73-3106301
Jurisdiction
LEBANON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$430,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$900,000
RETAIL STORES
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$560,000
OFFICE BUILDING
Est. value
$550,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
2
Units
2
Bathrooms
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Double B Partners LLC
Entity
Mailing address
2303 NANCY LEE AVE, LEBANON, PA 17042-5789
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
$600,000
Double B Partners LLC
Alexander E Valencia JR
Deed
—
Sep 25, 2017
—
Alexander E Valencia JR
Valencia,sandra K
Quit Claim Deed
related
—
May 24, 2017
—
Sandra K Valencia
—
Deed
related
$415,000 · Jonestown Bk&tr
—
—
Sandra K Valencia
—
Deed Of Trust
related
$30,000 · Jonestown Bk&tr Co/jonestown
—
—
Sandra K Valencia
—
Deed Of Trust
related
$415,000 · Jonestown Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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