Property profile

901 Main St Palmyra, PA 17078

OFF-MARKET
Banks
Property ID
US73-3447161
4,408 SF 0.88 ac lot Built 2009
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents a 111,051 square foot anchored shopping center strategically located at 901 E Main St, Palmyra, PA 17078, in Lebanon County. The property comprises three buildings and offers multiple tenancy options, with two spaces currently available, ranging from 2,805 to 5,890 square feet. Situated on East Main Street, a major retail thoroughfare connecting several key Pennsylvania towns including Hershey, Hummelstown, Annville, and Lebanon, this center enjoys high visibility and significant traffic flow. The strong tenant mix includes established businesses such as Weis Markets, Goodwill, Davita Dialysis, Great Clips, and a Pennsylvania Wine & Spirits store, ensuring a stable and diverse income stream. This well-established center provides an excellent opportunity for investors seeking a proven retail location with a strong existing tenant base and significant growth potential. The property's prime location and established tenant roster make it an attractive investment for both experienced and emerging retail investors. The available spaces offer flexibility for a variety of retail uses, catering to a wide range of business needs. This is a rare opportunity to acquire a significant retail asset in a thriving Pennsylvania market. Contact us today to learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2009
Total area 4,408 SF
Lot 0.88 ac (38,333 SF)
APN 16-2293645-359251-0000
UPID US73-3447161

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Tax Preparation
  • Restaurant Take-out & Catering
  • Take-out & Catering
  • Nail Salon

Location

901 Main St Palmyra, PA 17078-1923
Palmyra metro Census 3901 LEBANON, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2024
Last sale
$650,000
1 recorded transaction
2024
$650,000

Zoning & alternative use

Top alternative use upside
Medical building $395,000 +40.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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