Property profile

120 Tan Aly Fredericksburg, PA 17026

OFF-MARKET
Medical Office Space
Property ID
US73-3303414
10,620 SF 1 ac lot Built 1981
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Total area 10,620 SF
Lot 1 ac (43,560 SF)
APN 19-2336356-406889-0000
UPID US73-3303414

Cap rate & NOI

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

Location

120 Tan Aly Fredericksburg, PA 17026-9349
Fredericksburg metro Census 2100 LEBANON, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$608k
Blend (final) Blend
$555k

Owner & transaction history

since 2016
1 recorded transaction
2016
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Tan Aly?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message