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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    622 5th St Lebanon, PA 17042

    • Warehouses
    • 5,760 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimations
    $560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3313605
    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

    • KMG Detailing / Car Wash

    Property Details for 622 5th St

    Year built
    2009
    Lot size
    0.31 lot acres
    Property size
    5,760 SF
    Property type
    Warehouses
    APN
    30-2339813-366011-0000
    APU
    3023398133660110000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $630,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $517,000
      Market price range: $146k - $713k
      AI Estimate
      $540,000
      Market price range: $103k - $757k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $415,000
      Current use
      RESTAURANT
      $880,000
      Change: +111% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $790,000
      Change: +90% Conversion: Easy
      MEDICAL BUILDING
      $670,000
      Change: +61% Conversion: Difficult
      RETAIL STORES
      $535,000
      Change: +28% Conversion: Moderate
      OFFICE BUILDING
      $470,000
      Change: +13% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $435,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $375,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.4181
    Latitude
    40.3303
    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
    $3,984
    $47,000
    $131,000
    $178,000
    -
    $48,254
    $134,496
    $182,750

    Comparable in this City

    • Value Estimation
      $19,340,000
      217,732 SF

      1 Keystone Dr

      WAREHOUSE, STORAGE • 217,732 SF
      1 Keystone Dr, Lebanon, PA 17042-9791
      View Details
    • Value Estimation by Request
      1,200 SF

      Ss Un St

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      Ss Un St, Lebanon, PA 17042
      View Details
    • Value Estimation by Request
      1,920 SF

      347 6th St

      WAREHOUSE, STORAGE • 1,920 SF
      347 6th St, Lebanon, PA 17042
      View Details
    • Value Estimation by Request
      1,800 SF

      1420 Florence St

      MINI-WAREHOUSE, STORAGE • 1,800 SF
      1420 Florence St, Lebanon, PA 17042
      View Details
    • Value Estimation by Request
      1,176 SF

      Es Burd Coleman Rd

      MINI-WAREHOUSE, STORAGE • 1,176 SF
      Es Burd Coleman Rd, Lebanon, PA 17042
      View Details
    • Value Estimation by Request
      1,554 SF

      Ns Silver Rd

      MINI-WAREHOUSE, STORAGE • 1,554 SF
      Ns Silver Rd, Lebanon, PA 17042
      View Details

    Similar Nearby for Sale

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      Prime Lebanon Industrial Warehouse Lot

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      Lebanon Industrial Property: Prime Location

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    • $1,700,000
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      Lebanon Industrial Land - $1.7M

      14.42-acre I-1 zoned lot, prime location.
      0 Ritter Way, Lebanon, PA 17042
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    • $178,900
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      Residential Land in Lebanon, PA

      Land available for building a dream home in Lebanon, PA.
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      Lebanon Commercial Land Opportunity

      Prime Lebanon location, Wawa-anchored development.
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    Similar Nearby for Lease

    • Contact for pricing
      121,567 SF

      Lebanon Industrial Warehouse Space

      121,567 SF Warehouse, PA
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    • $7 SF/Yr
      176,848 SF

      Warehouse/Distribution Facility in Lebanon

      176,848 SF warehouse/distribution facility with expansion potential.
      25 Keystone Dr, Lebanon, PA 17042
      View Details
    • $8 SF/Yr
      37,500 SF

      Warehouse/Distribution Facility Available for Lease

      37,500 SF warehouse/distribution facility in Lebanon County, PA.
      1625 Willow St, Lebanon, PA 17042
      View Details
    • Contact for pricing

      Versatile Flex Building For Sale

      6,686 SF retail/industrial flex building with flexible space.
      1021 Cumberland St, Lebanon, PA 17042
      View Details
    • 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
    • $2,500 /Mo
      22,216 SF

      Customizable Office Suite in Lebanon

      Professional office suite with customizable finishes and strong visibility.
      1150 Chestnut St, Lebanon, PA 17042
      View Details
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    622 5th St
    Lebanon, PA 17042
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    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
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