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Property profile & analytics
OFF-MARKET
Commercial land
771 8th Ave, Lebanon, PA 17046-8206
Entity Owned
Absentee Owner
Free & Clear
Property ID
US73-3173292
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
3,532 SF
Lot
15.3 ac (666,468 SF)
APN
27-2344525-374237-0000
UPID
US73-3173292
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
Towns Edge Aparments LLC
Towns Edge Aparments LLC
since 2025
Last sale
$265,000
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
$13,545
Tax year 2024
Assessed value
$599,000
Assessed 2024
Previous assessed
$599,000
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$599,000
Land market value
$614,989
Total market value
$614,989
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
3,532 SF
Lot
15.3 ac (666,468 SF)
APN
27-2344525-374237-0000
UPID
US73-3173292
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
1960
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
15.3 ac
Current owner
From public records · entity-resolved
Towns Edge Aparments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1943 W DIVISION HWY, EPHRATA, PA 17522-8947
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
$4,152,581
Towns Edge Aparments LLC
Daniel Martin
Deed
—
Jun 2, 2025
$255,000
Laceyville Properties LP
Daniel Martin
Deed
—
Jun 2, 2025
$265,000
Laceyville Properties LP
Daniel Martin
Deed
—
Mar 3, 2025
$265,000
Thistleberry Holdings LLC
Daniel Martin
Deed
—
Mar 3, 2025
$255,000
Thistleberry Holdings LLC
Daniel Martin
Deed
—
Nov 1, 2024
$2,624,120
Towns Edge Apartments LLC
Daniel Martin
Deed
$1,800,000 · Citizens & Northern Bank
Oct 8, 2024
$265,000
Laceyville Properties LP
Blue Lake Builders LLC
Deed
—
Oct 8, 2024
$255,000
Laceyville Properties LP
Daniel Martin
Deed
—
Jul 1, 2024
$232,500
R&tw LLC
Daniel Martin
Deed
—
Jul 1, 2024
$242,500
R&tw LLC
Daniel Martin
Deed
—
Jul 1, 2024
$235,000
R&tw LLC
Daniel Martin
Deed
—
Mar 4, 2024
$245,000
Gary Sauder
Daniel Martin
Deed
—
Mar 4, 2024
$500,000
Buttonwood Real Estate LLC
Daniel Martin
Deed
—
Mar 1, 2024
$500,000
Donald R Groff
Daniel Martin
Deed
—
Jun 16, 2023
$255,000
Royer Properties LLC
Daniel Martin
Deed
—
Jun 15, 2023
$245,000
Weiler Properties Ltd
Daniel Martin
Deed
$200,000 · Jonestown Bank & Trust Co
Jun 15, 2023
$255,000
Weiler Properties Ltd
Daniel Martin
Deed
$200,000 · Jonestown Bank & Trust Co
Mar 15, 2023
$247,500
Speedwell Properties LLC
Daniel Martin
Deed
—
Mar 15, 2023
$250,000
Olde Farm Leasing LLC
Blue Lake Builders LLC
Deed
—
Nov 9, 2022
$480,000
Jared W Weaver
Blue Lake Builders LLC
Deed
—
Nov 9, 2022
$245,000
Melvin H Weaver
Blue Lake Builders LLC
Deed
—
Aug 24, 2022
$235,000
Peaceful Lane Rentals LLC
Daniel Martin
Deed
$188,000 · Bank Of Bird In Hand
Sep 10, 2021
—
Daniel E Martin
—
Deed
related
$1,300,000 · Fulton Bank NA
Aug 24, 2021
—
Daniel E Martin
—
Deed
related
$2,000,000 · Fulton Bank NA
Jun 21, 2021
$800,000
Daniel Martin
Gloria Pushnik
Deed
—
Jun 1, 2021
—
Gloria A Pushnik
Gloria Pushnik
Intrafamily Transfer
related
—
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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