1250 Bittner BlvdLebanon, PA 17046
- Other commercial real estate
- 5,376 SF
Property Details for 1250 Bittner Blvd
- Year built
- 1980
- Lot size
- 0.93 AC
- Property size (Sq ft)
- 5,376 SF
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 03-2335662-369237-0000
- APU
- 323356623692370000
Description
This fee-simple industrial property, located at 1250 Bittner Blvd in Lebanon, PA 17046, offers 4,550 square feet of versatile space in a single-story, Class B building constructed in 1980 and renovated in 2005. Situated on a 1.8-acre lot, this property boasts a prime location just off US-422, providing easy access to major highways including I-83, I-76 (PA Turnpike), I-81, and I-78. The building features one loading dock, three roll-up drive-in doors (two 12' and one 14'), and ceiling heights ranging from 15' to 18'. The property includes a finished retail and office area, along with secure gated parking and outdoor storage. Zoned for Light Industrial Commercial use, this property is ideal for a variety of businesses, including wholesale, equipment sales and service, storage, packaging, retail, office, and medical uses. The property consists of two parcels, offering potential for expansion or additional parking/storage. This is a turn-key opportunity in an established logistics and industrial hub with access to a strong workforce.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,219,785
- 6.5%
- $1,125,955
- 7%
- $1,045,530
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,038,818
- Geo Method
- $852,274
-
Alternative Use
- Use
- Valuation
- Residential
- $949,785
- Hospitality
- $869,998
- Educational
- $723,828
- Medical
- $748,722
- Retail
- $1,125,955
Location Insight
- City
- Lebanon
- County
- Lebanon
- State
- Pennsylvania
- Latitude
- 40.3394
- Longitude
- -76.4327
- CBSA code
- 30140
- CBSA name
- LEBANON, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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