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Property profile & analytics
OFF-MARKET
Office buildings

550 Isabel Dr Lebanon, PA 17042-7224

15,000 SF 1.76 ac lot Built 2020
Trust Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-4356316
Property summary
AI-generated overview

This Class A, 15,000 square foot multi-tenant office building, constructed in 2020, offers 3,140 square feet of immediately available executive office space. Located at 550 Isabel Drive in Lebanon, Pennsylvania (zip code 17042), this property boasts a desirable location within Lebanon's thriving medical district. The building is situated approximately 2.5 miles from downtown Lebanon, providing convenient access while maintaining a prestigious address. The property features C2-Commercial General zoning, allowing for a variety of commercial uses. Current tenants include established medical businesses, ensuring a high-profile and stable environment. The single building is situated in Lebanon County and falls within the Lebanon submarket. The available space presents a unique opportunity for businesses seeking a strategic location in a vibrant and growing area. With its modern construction and prime location, this property is an excellent investment for businesses looking to establish or expand their presence in the Lebanon, Pennsylvania market. The building's 15,000 square feet total space and existing successful tenants demonstrate a strong track record and potential for future growth.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2020
Total area 15,000 SF
Lot 1.76 ac (76,666 SF)
APN 26-2339384-359940-0000
UPID US73-4356316
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
  • Burkhardt H Zorn, MD Physician Medical Clinic
  • M. Scott Beltz, MD Physician Medical Clinic
  • WellSpan Urology - Lebanon Medical Clinic Physician
  • Brittany L Buleza, PA-C Physician
  • Benjamin Bernstein, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hughes Irrevocable Trust · 3 yrs held
Hughes Irrevocable Trust
since 2022
Last sale
$5.5M
4 recorded transactions
2022
$5.5M
2022
Price N/A
2019
Price N/A
2018
$412,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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