Technical
Financial
Distress signals
Property profile

197 Rocherty Rd Lebanon, PA 17042

OFF-MARKET
Banks
Property ID
US73-3236381
9,664 SF 10.1 ac lot Built 2012
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Rocherty Commons is an existing retail development located at the intersection of Quentin Road (Route 72) and Rocherty Road in South Lebanon. The site has exposure to two heavily traveled roadways, with approximately 18,000 vehicles per day on Quentin Road and approximately 13,000 vehicles per day on Rocherty Road. Phase II of the development includes two pad sites suitable for ground leasing or build-to-suit development, and the overall project tenant mix has included uses such as quick-service restaurants, retail, telecommunications, and banking, along with additional planned or existing amenity uses within the development. The property is configured to support a range of commercial uses including restaurant, retail, medical, and professional office uses, depending on tenant and approval requirements.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2012
Total area 9,664 SF
Lot 10.1 ac (439,956 SF)
APN 26-2338625-357389-0000
UPID US73-3236381

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Atm

Location

197 Rocherty Rd Lebanon, PA 17042-8827
Lebanon metro Census 3500 LEBANON, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$757k
Blend (final) Blend
$615k

Owner & transaction history

since 2012
7 recorded transactions
2019
Price N/A
2017
Price N/A
2017
Price N/A
2012
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $875,000 +42.3%
Medical building $870,000 +41.4%
Auto repair, garage $835,000 +35.3%

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
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