120 Tan Aly Fredericksburg, PA 17026-9349
This exceptional investment opportunity presents a fully occupied, four-tenant medical office building located at 120 S Tan Alley, Fredericksburg, PA 17026. The property boasts a total of 10,620 square feet, offering a diverse tenant mix including a family medical practice, dental office, vision center, and a personal counseling practice. Each of the four units is currently leased, ensuring a stable income stream. The asking price is $1,200,000, translating to $112.99 per square foot. Ample on-site parking is available for approximately 45 vehicles, with additional parking conveniently located in an adjacent community center lot. The property is zoned R2 - High Density Residential, providing flexibility for future development or expansion. This prime location in Lebanon County offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a stable, high-yield property in a thriving community. The building's strong tenant occupancy and diverse tenant base contribute to its exceptional investment potential. This is a rare opportunity to acquire a well-established, multi-tenant medical office building in a desirable Pennsylvania location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.