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Property profile & analytics

625 Main St Palmyra, PA 17078-1511

  • Retail space
  • 18,300 SF
  • 1.64 lot acres
OFF-MARKET
Value Estimations
$1,275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-3449097
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

  • Retail space

Property Details for 625 Main St

Year built
1990
Lot size
1.64 lot acres
Property size
18,300 SF
Property type
Retail space
APN
16-2287932-355549-0000
APU
1622879323555490000

Description

This exceptional 18,000 square foot retail center, built in 2008 and renovated the same year, is situated on 1.5 acres of land at 625 W Main St, Palmyra, PA 17078. The Class B property features a single, one-story building with seven suites, offering flexible space options ranging from a minimum of 1,800 square feet to a maximum contiguous space of 15,000 square feet. Currently, three spaces are available, ranging from 4,999 to 9,000 square feet. The center boasts excellent visibility, accessibility, ample parking (100 spaces), and prominent signage opportunities. Its strategic location in Lebanon County provides access to a strong demographic with the highest household income in the county, situated within a rapidly growing region. The property benefits from its proximity to major attractions including Hershey Entertainment, Hershey Medical Center, Hershey Hotel, and Hershey Convention Center, all within minutes. Penn National Casino and the PA Turnpike Interchange & Interstate 81 are approximately 25 minutes away. The property is zoned HC and has a cross street of Hetrick.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,367,000
    Market price range: $624k - $2.63M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $1,695,000
    Current use
    MEDICAL BUILDING
    $2,125,000
    Change: +25% Conversion: Difficult
    OFFICE BUILDING
    $1,430,000
    Change: -16% Conversion: Easy
    APARTMENT HOUSE (5+ UNITS)
    $1,375,000
    Change: -19% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Palmyra
County
Lebanon
State
Pennsylvania
Longitude
-76.6047
Latitude
40.3036
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
$24,336
$427,800
$536,200
$964,000
-
$439,219
$550,513
$989,732
More about this property
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