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    Property profile & analytics

    931 Russell Dr Lebanon, PA 17042

    • Office buildings
    • 7,175 SF
    • 1.21 lot acres
    For Lease
    View listing
    $1,950 /Mo
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US73-3249083
    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.

    Current Use by Public Records

    • Brenda Miller, RE/MAX Cornerstone & RE/MAX Alliance Group / Real Estate Agent
    • Josue Hernandez, RE/MAX Cornerstone / Real Estate Agent
    • RE/MAX Cornerstone / Real Estate Agency
    • Coldtree Creative / Advertising Agency
    • Ask4Noah - Property Solutions LLC / Real Estate Consultant

    Property Details for 931 Russell Dr

    Year built
    2015
    Lot size
    1.21 lot acres
    Property size
    7,175 SF
    Property type
    Office buildings
    APN
    26-2338981-360715-0000
    APU
    2623389813607150000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $235,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $190,000
      Mixed-Use
      $255,000
      Hospitality
      $250,000
      Educational
      $185,000
      Residential Income
      $245,000
      Energy
      $205,000
      Income-Based Land
      $205,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.4215
    Latitude
    40.3158
    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
    $11,474
    $121,000
    $388,900
    $509,900
    -
    $124,229
    $399,281
    $523,510

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      850 Helen Dr

      OFFICE BUILDING (MULTI-STORY) • 6,000 SF
      850 Helen Dr, Lebanon, PA 17042-7456
      View Details
    • Value Estimation by Request
      6,484 SF

      830 Norman Dr

      OFFICE BUILDING (MULTI-STORY) • 6,484 SF
      830 Norman Dr, Lebanon, PA 17042-7444
      View Details
    • Value Estimation
      $310,000
      2,200 SF

      832 Chestnut St

      OFFICE BUILDING (MULTI-STORY) • 2,200 SF
      832 Chestnut St, Lebanon, PA 17042-5229
      View Details
    • Value Estimation
      $725,000
      4,036 SF

      919 Russell Dr

      OFFICE BUILDING (MULTI-STORY) • 4,036 SF
      919 Russell Dr, Lebanon, PA 17042-7487
      View Details
    • Value Estimation
      $160,000
      4,089 SF

      522 8th St

      OFFICE BUILDING (MULTI-STORY) • 4,089 SF
      522 8th St, Lebanon, PA 17042-6717
      View Details
    • Value Estimation
      $190,000
      2,318 SF

      322 10th St

      OFFICE BUILDING (MULTI-STORY) • 2,318 SF
      322 10th St, Lebanon, PA 17042-5915
      View Details

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      Office Space for Lease

      Office space available for lease in Lebanon, Pennsylvania.
      931 Russell Dr, Lebanon, PA 17042
      View Details
    • $10 SF/Yr
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    Lebanon, PA 17042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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