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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Office buildings
1601 Cornwall Rd, Lebanon, PA 17042-7406
Trust Owned
Free & Clear
Property ID
US73-3252494
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1995
Total area
12,193 SF
Lot
2 ac (87,120 SF)
APN
26-2339796-360846-0000
UPID
US73-3252494
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
-
Lamoureux Corey M Law Firm
-
Bametzreider Paul C Law Firm
-
Tshudy David Law Firm
-
Gallo Colleen S Law Firm
-
Barley Snyder Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.49M
Owner & transaction history
Adam H Moyer Trust
Adam H Moyer Trust
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+86.3%
Auto repair, garage
$1.7M
+68.0%
Medical building
$1.4M
+41.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,000,000
Current use
RESTAURANT
$1,860,000
Change: +86% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,675,000
Change: +68% · Conversion: Difficult
MEDICAL BUILDING
$1,415,000
Change: +42% · Conversion: Easy
RETAIL STORES
$1,130,000
Change: +13% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$915,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10%
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
$122 / 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
$33,992
Tax year 2024
Assessed value
$1,510,600
Assessed 2024
Previous assessed
$1,510,600
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$350,000
Assessed improvement
$1,160,600
Land market value
$359,342
Improvement market value
$1,191,581
Total market value
$1,550,923
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Total area
12,193 SF
Lot
2 ac (87,120 SF)
APN
26-2339796-360846-0000
UPID
US73-3252494
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
OFFICE BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$915,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Adam H Moyer Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1601 CORNWALL RD, LEBANON, PA 17042-7406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
Adam H Moyer Trust
Diane E Moyer
Deed
—
Nov 21, 2025
—
Nolt Family Trust
Nelson B Nolt
Deed
—
Oct 6, 2022
—
Charles A Greco
Charles A Greco
Intrafamily Transfer
related
—
Jan 13, 2022
—
Samuel R Musser
Samuel R Musser
Intrafamily Transfer
related
—
Dec 18, 2020
$45,000
Ray D Bert
Alvin M Weaver
Deed
$161,000 · Members 1st FCU
Sep 25, 2019
$128,000
Ronald J Birch
Birch,robert R & Betty J
Grant Deed
related
—
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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