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Property profile & analytics
OFF-MARKET
Investment properties
705 Evergreen Rd, Lebanon, PA 17042
Entity Owned
~
Est. High Equity
Property ID
US73-3112732
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Total area
3,400 SF
Lot
41.59 ac (1,811,660 SF)
APN
26-2341292-358350-0000
UPID
US73-3112732
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Garman Builders At Lebanon LLC
Garman Builders At Lebanon LLC
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,415
Tax year 2024
Assessed value
$1,618,300
Assessed 2024
Previous assessed
$3,215,700
-49.7% YoY
Effective rate
2.25%
On assessed value
Assessed land
$1,512,000
Assessed improvement
$106,300
Land market value
$1,552,361
Improvement market value
$109,137
Total market value
$1,661,498
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
3,400 SF
Lot
41.59 ac (1,811,660 SF)
APN
26-2341292-358350-0000
UPID
US73-3112732
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
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
41.59 ac
Current owner
From public records · entity-resolved
Garman Builders At Lebanon LLC
Entity
Mailing address
201 IRON VLY DR, LEBANON, PA 17042-8812
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
50 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2026
$1,409,410
Garman Builders At Lebanon LLC
Springwood Development Partners LP
Deed
$1,015,000 · Farmers And Merchants Bank
Dec 1, 2025
—
North Cornwall Township
Springwood Development Partners LP
Deed
—
Aug 28, 2025
$1,000,000
North Cornwall Commons Apt North Ll
Springwood Development Partners LP
Deed
$16,072,806 · Tompkins Trust Co
Jul 15, 2025
$1,003,000
Garman Builders At Lebanon LLC
Springwood Development Partners LP
Deed
$725,000 · Farmers & Merchants Trust Co
Dec 10, 2024
$1,400,000
Expo Hotel Extended Stacy LLC
Springwood Devellopment Partners LP
Deed
—
Nov 6, 2024
—
Springwood Development Partners LP
—
Deed
related
$2,817,000 · Jonestown Bank & Trust Co
Oct 25, 2024
—
Springwood Development Partners LP
—
Deed
related
$4,312,000 · Acnb Bank
Sep 5, 2023
$40,000
Springwood Development Partners LP
Wellspan Properties INC
Deed
—
Aug 4, 2023
—
Trail Side Homeowners Association I
Springwood Development Partners LP
Deed
—
Apr 12, 2023
—
Trail Side Homeowners Associtioninc
Springwood Devolopment Parters LP
Deed
—
Dec 28, 2021
$218,360
Lauren Nicole Fleming
Buider Services Group INC
Deed
$174,688 · Rocket Mortgage LLC
Aug 12, 2021
$552,650
Builder Services Group INC
Springwood Development Partners LP
Deed
—
May 13, 2021
$431,057
Builder Services Group INC
Springwood Development Partners LP
Deed
—
May 6, 2021
—
Commonwealth Of Pennyslvania Dept O
Springwood Development Partners LP
Deed
—
Mar 25, 2021
$429,507
Builder Services Group INC
Springwood Development Partners LP
Deed
—
Jan 27, 2021
$429,507
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Dec 8, 2020
$208,192
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Nov 25, 2020
—
North Cornwall Commons Apts Ll
Springwood Dev Ptshp LP
Correction Deed
related
—
Oct 7, 2020
$208,192
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Aug 27, 2020
$208,192
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
May 21, 2020
$813,750
Byler Real Estate Holdings LLC
Springwood Dev Partners LP
Grant Deed
$742,500 · Jonestown Bk&tr
Feb 19, 2020
$208,192
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Feb 19, 2020
$138,795
Builder Services Group INC
Springwood Dev Partner LP
Grant Deed
—
Dec 27, 2019
$201,660
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Nov 18, 2019
$201,660
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Nov 18, 2019
—
Builder Services Group INC
—
Loan Modification
related
$2,208,000 · Riverview Bk
Oct 3, 2019
$201,660
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Oct 3, 2019
—
Builder Services Group INC
—
Deed
related
$2,208,000 · Riverview Bk
Jul 26, 2019
$201,660
Kenneth Homes
Springwood Dev Partners LP
Grant Deed
—
May 17, 2019
—
Springwood Development Partners LP
—
Deed
related
$3,247,000 · Riverview Bank
May 13, 2019
$201,660
Kenneth Homes
Springwood Dev Partners LP
Grant Deed
—
May 13, 2019
—
Builder Services Group INC
—
Deed
related
$2,208,000 · Riverview Bk
Apr 5, 2019
—
Springwood Dev Partners LP
—
Grant Deed
related
$2,596,000 · First Citizens Cmnty Bk
Dec 21, 2018
$192,000
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Nov 2, 2018
—
Springwood Development Partners LP
—
Deed
related
$3,600,000 · First Citizens Community Bank
Sep 17, 2018
—
Springwood Dev Partnerslp
—
Deed
related
$2,200,000 · Riverview Bk
Sep 4, 2018
$192,000
Trailside Trails LLC
Springwood Dev Partners LP
Grant Deed
—
Aug 27, 2018
—
Springwood Development Partners LP
—
Deed
related
$3,525,000 · Riverview Bank
Aug 3, 2018
—
Springwood Development Partners LP
—
Deed
related
$650,000 · Riverview Bank
Jul 23, 2018
$192,000
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
—
Jul 23, 2018
—
Kenneth Homes
—
Deed
related
$450,000 · Barry L Heagy
Jul 17, 2018
$179,900
Rebecca M Meyer
Builder Services Group INC
Grant Deed
$176,641 · Fidelis Mtg
Jul 13, 2018
$159,900
Nathan A Keller
Builder Services Group INC
Grant Deed
—
Jun 4, 2018
$192,000
Builder Sevices Group INC
Springwood Deve3lopment Partners LP
Deed
—
Dec 22, 2017
$384,000
Builder Services Group INC
Springwood Dev Partners LP
Grant Deed
$1,404,000 · Riverview Bk
Jun 22, 2017
—
Springwood Dev Partners LP
—
Grant Deed
related
$5,350,000 · S&t Bk
—
—
Springwood Dev Partnerslp
—
Deed Of Trust
related
$2,200,000 · Riverview Bk
—
—
Kenneth Homes
—
Deed Of Trust
related
$450,000 · Barry L Heagy
—
—
Builder Services Group INC
—
Loan Modification
related
$2,208,000 · Riverview Bk
—
—
Builder Services Group INC
—
Loan Modification
related
$2,208,000 · Riverview Bk
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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