901 Main St Palmyra, PA 17078
- Banks
- 4,408 SF
- 0.88 lot acres
Current Use by Public Records
- Banks
Property Details for 901 Main St
- Year built
- 2009
- Lot size
- 0.88 lot acres
- Property size
- 4,408 SF
- Property type
- Banks
- APN
- 16-2293645-359251-0000
- APU
- 1622936453592510000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $685,000
- 6.5%
- $635,000
- 7%
- $615,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $660,000
- Geo Method
- $535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $540,000
- Retail
- $700,000
- Mixed-Use
- $610,000
- Hospitality
- $545,000
- Educational
- $600,000
- Residential Income
- $715,000
- Energy
- $715,000
- Income-Based Land
- $640,000
- Food Service
- $695,000
Location Insight
- Map
- Local Demand
- City
- Palmyra
- County
- Lebanon
- State
- Pennsylvania
- Longitude
- -76.584
- Latitude
- 40.3136
- CBSA code
- 30140
- CBSA name
- LEBANON, PA METROPOLITAN STATISTICAL AREA