840 Helen Dr Lebanon, PA 17042-7456
Property profile & analytics
840 Helen Dr Lebanon, PA 17042-7456
- Medical Office Space
- 8,376 SF
- 1.00 lot acres
Property ID
US73-3361250
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.
Location Intelligence
Current Use by Public Records
- Lebanon Valley Foot & Ankle / Physician
- Seda Christopher A DPM / Physician
- Drayer Physical Therapy Institute / Medical Clinic
- Nicholas Lombard / Physician
- Craig Ziegler / Physician
Property Details for 840 Helen Dr
- Year built
- 2008
- Lot size
- 1.00 lot acres
- Property size
- 8,376 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 26-2340446-360126-0000
- APU
- 2623404463601260000
Description
This exceptional investment opportunity presents a fully occupied, 8,100 square foot medical office building located at 840 Helen Dr, Lebanon, PA 17042. The property boasts a 100% occupancy rate with two (2) established medical tenants: Drayer Physical Therapy and Lebanon Valley Foot & Ankle, ensuring a stable and predictable income stream. The building is situated in Lebanon's medical corridor, benefiting from high visibility and convenient access for patients and staff. This net lease investment offers a compelling return with a current asking price of $1,335,000, translating to $164.81 per square foot. The property features two units within a freestanding building, zoned for Office & Institutional use. The building's strong tenancy, prime location, and stable income make it an ideal addition to any diversified real estate portfolio. This is a rare opportunity to acquire a high-performing medical office building in a thriving market. The property's solid financial performance and strategic location offer significant long-term growth potential. The net lease structure minimizes management responsibilities, making this an attractive investment for both seasoned and new investors seeking a low-maintenance, high-yield asset.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $950,000
- ML approach
- $975,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $941,000
- AI Estimate
- $732,000
Market price range: $384k - $1.35MMarket price range: $384k - $1.19M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $970,000 Current use
- RESTAURANT
- $1,275,000 Change: +31% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,150,000 Change: +19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Lebanon
- State
- Pennsylvania
- Longitude
- -76.4161
- Latitude
- 40.3142
- 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
$22,142
$200,000
$784,000
$984,000
-
$205,338
$804,928
$1,010,266
