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    OFF-MARKET Estimated value $3,075,000
    Showrooms

    225 16th St, Lebanon, PA 17042-4510

    122,078 SF 5.07 ac lot Built 1980
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US73-3402801
    Property summary
    AI-generated overview

    This exceptional industrial property in Lebanon, PA, offers 121,567 square feet of versatile space, ideal for distribution, warehousing, or manufacturing. The building features multiple tenancy options, with a minimum divisible space of 68,000 square feet. Key features include a 25-foot ceiling height, four loading docks with levelers, and one drive-in door. The property boasts 3-phase power, public water/sewer, and gas HVAC. Approximately 2,000 square feet of climate-controlled office space is also included. Situated on 5.07 acres of land, this strategically located facility is zoned for manufacturing and enjoys easy access to major transportation arteries, including US-422, I-76 PA Turnpike, and I-81/I-78. Lebanon's established logistics and industrial hub provides access to a robust workforce and proximity to prominent companies such as The Hershey Company, Novartis, and Cargill Animal Nutrition. This property presents a unique opportunity to establish a significant presence in a thriving industrial market. The cross street is Willow St, and the zip code is 17042. Rent incentives are available.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1980
    Total area 122,078 SF
    Lot 5.07 ac (220,849 SF)
    APN 35-2333118-369906-0000
    UPID US73-3402801
    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
    • Hershey Distribution Center Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.26M
    Blend (final) Blend
    $3.08M
    Owner & transaction history
    Willow Pa LLC · 5 yrs held
    Willow Pa LLC
    since 2021
    2 recorded transactions
    2021
    2017
    $2.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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