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Property profile & analytics
OFF-MARKET Estimated value $555,000
Medical Office Space

120 Tan Aly Fredericksburg, PA 17026-9349

10,620 SF 1 ac lot Built 1981
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-3303414
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Phydenco INC · 9 yrs held
Phydenco INC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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