Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    525 8th St Lebanon, PA 17042-6715

    • Office buildings
    • 10,077 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3475245
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Buzgon Davis Law Offices: David R Warner Jr / Law Firm
    • Buzgon Davis Law Offices / Law Firm
    • Huber Timothy J / Law Firm / Insurance Agency
    • Grenoble Scott L / Law Firm
    • Schibinger Jason J / Law Firm

    Property Details for 525 8th St

    Year built
    1986
    Lot size
    1.35 lot acres
    Property size
    10,077 SF
    Property type
    Office buildings
    APN
    01-2338173-366301-0000
    APU
    123381733663010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $683,000
      Market price range: $366k - $1.31M
      AI Estimate
      $700,000
      Market price range: $433k - $1.27M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $825,000
      Current use
      RETAIL STORES
      $935,000
      Change: +13% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $760,000
      Change: -8% Conversion: Easy
      WAREHOUSE, STORAGE
      $730,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.424
    Latitude
    40.3313
    CBSA code
    30140
    CBSA name
    LEBANON, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,732
    $133,800
    $476,500
    $610,300
    -
    $137,371
    $489,219
    $626,590

    Comparable in this City

    • Value Estimation
      $760,000
      6,000 SF

      850 Helen Dr

      OFFICE BUILDING (MULTI-STORY) • 6,000 SF
      850 Helen Dr, Lebanon, PA 17042-7456
      View Details
    • Value Estimation
      $840,000
      6,484 SF

      830 Norman Dr

      OFFICE BUILDING (MULTI-STORY) • 6,484 SF
      830 Norman Dr, Lebanon, PA 17042-7444
      View Details
    • Value Estimation by Request
      2,200 SF

      832 Chestnut St

      OFFICE BUILDING (MULTI-STORY) • 2,200 SF
      832 Chestnut St, Lebanon, PA 17042-5229
      View Details
    • Value Estimation
      $725,000
      4,036 SF

      919 Russell Dr

      OFFICE BUILDING (MULTI-STORY) • 4,036 SF
      919 Russell Dr, Lebanon, PA 17042-7487
      View Details
    • Value Estimation by Request
      4,089 SF

      522 8th St

      OFFICE BUILDING (MULTI-STORY) • 4,089 SF
      522 8th St, Lebanon, PA 17042-6717
      View Details
    • Value Estimation by Request
      2,318 SF

      322 10th St

      OFFICE BUILDING (MULTI-STORY) • 2,318 SF
      322 10th St, Lebanon, PA 17042-5915
      View Details

    Similar Nearby for Sale

    • $2,095,000
      19,547 SF

      Freestanding Commercial/Office Building For Sale

      Commercial/Office building in the heart of Lebanon City.
      701 Cumberland St, Lebanon, PA 17042
      View Details
    • $215,000
      1,664 SF

      Lebanon Medical Office Suite

      1664 SF Medical Office - $215K
      1151 Cornwall Rd, Lebanon, PA 17042
      View Details
    • $350,000
      6,686 SF

      Lebanon Flex Building: $350K

      Versatile 6,686 SF flex space, prime location.
      1021 Cumberland St, Lebanon, PA 17042
      View Details
    • $1,200,000
      8,100 SF

      Lebanon Office Building: Prime Location

      8,100 SF Office Building, Multi-Tenant Potential
      1510 Cornwall Rd, Lebanon, PA 17042
      View Details
    • $2,095,000
      19,547 SF

      Prime Lebanon Office Building

      High-Cap Rate Executive Office Space
      701 Cumberland St, Lebanon, PA 17042
      View Details
    • $2,095,000
      17,547 SF

      Prime Lebanon Retail & Office Building

      High-traffic location, excellent income potential.
      701 Cumberland St, Lebanon, PA 17042
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,985 SF

      Quentin Rd Office Space, Lebanon PA

      Prime Office/Medical Space Available
      1402 Quentin Rd, Lebanon, PA 17042
      View Details
    • $17 SF/Yr
      2,504 SF

      Turn-Key Salon and Office Space

      Stylishly designed salon with office space available for lease.
      20 S 3Rd St, Lebanon, PA 17042
      View Details
    • $780 /Mo

      Downtown Lebanon Office Space Available

      Downtown office space for lease, rent includes utilities.
      807 Chestnut St, Lebanon, PA 17042
      View Details
    • $10 SF/Yr
      32,400 SF

      Lebanon Office Building - Prime Location

      Executive & Traditional Office Suites Available
      625 5Th Ave, Lebanon, PA 17042
      View Details
    • $48,825
      27,878 SF

      Commercial Space in Lebanon, PA

      Two-story commercial space suitable for various businesses.
      1402 Quentin Rd Unit, Lebanon, PA 17042
      View Details
    • $15 SF/Yr
      33,992 SF

      Poplar Commons Retail Space

      Lebanon, PA: Prime Retail/Office Opportunity
      718 Poplar St, Lebanon, PA 17042
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    525 8th St
    Lebanon, PA 17042-6715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.