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Property profile & analytics
OFF-MARKET
Estimated value
$18,210,000
Showrooms
3160 Hanford Dr, Lebanon, PA 17046-2678
Entity Owned
5-yr Hold
Free & Clear
Property ID
US73-1108183
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2020
Total area
267,850 SF
Lot
27.26 ac (1,187,446 SF)
APN
27-2324952-370536-0000
UPID
US73-1108183
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
-
VISTAR Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.19M
Blend (final)
Blend
$18.21M
Owner & transaction history
City Of Lebanon Authority · 5 yrs held
City Of Lebanon Authority
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$24.8M
+67.8%
Apartment house (5+ units)
$20.1M
+36.1%
Warehouse, storage
$19.4M
+30.8%
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
COMMERCIAL (GENERAL)
$14,800,000
Current use
RETAIL STORES
$24,840,000
Change: +68% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$20,135,000
Change: +36% · Conversion: Moderate
WAREHOUSE, STORAGE
$19,350,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$18,990,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$18.21M
Range $16.39M – $20.03M · ±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
$68 / 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
$205,380
Tax year 2024
Assessed value
$9,082,800
Assessed 2024
Previous assessed
$9,082,800
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$1,837,600
Assessed improvement
$7,245,200
Land market value
$1,886,652
Improvement market value
$7,438,603
Total market value
$9,325,255
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Total area
267,850 SF
Lot
27.26 ac (1,187,446 SF)
APN
27-2324952-370536-0000
UPID
US73-1108183
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
COMMERCIAL (GENERAL) Current
Est. value
$14.8M
RETAIL STORES
Est. value
$24.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.1M
WAREHOUSE, STORAGE
Est. value
$19.4M
OFFICE BUILDING
Est. value
$19.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
OFFICE BUILDING
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
2020
Heating
NONE
Stories
1
Lot
27.26 ac
Current owner
From public records · entity-resolved
City Of Lebanon Authority
Entity
Free & Clear · 5 yrs held
Mailing address
12500 W CRK PKWY, RICHMOND, VA 23238-1110
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2021
—
City Of Lebanon Authority
Cshv Lebanon 2 LLC
Deed
—
Nov 2, 2020
$32,000,000
Cshv Lebanon 2 LLC
Scannell Properties 380 LLC
Grant Deed
—
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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