1212 Maple StLebanon, PA 17046
- Mixed-use properties
- 15,661 SF
Property Details for 1212 Maple St
- Year built
- 2016
- Lot size
- 1.99 AC
- Property size (Sq ft)
- 15,661 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 07-2335408-373022-0001
- APU
- 723354083730220001
Description
This exceptional 23,000-square-foot retail center, constructed in 2017, presents a prime investment opportunity in Lebanon, Pennsylvania. Located at 1212 Maple St, Lebanon, PA 17046, this Class B property boasts a single, one-story building with 85 parking spaces, providing ample convenience for customers. The center features multiple suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 15,000 square feet, offering flexibility for various retail tenants. Currently, six spaces are available, ranging in size from 1,500 to 4,500 square feet. Beyond the inline spaces, two pad sites are available for sale, ground lease, or build-to-suit options, adjacent to an existing McDonald's. This strategically located center serves the entire city of Lebanon, offering convenient access for the northern Lebanon market and easy accessibility from the greater Lebanon area. The property's strong location and versatile space make it an ideal investment for those seeking a thriving retail presence in a growing market. The property is situated in Lebanon County and is part of the Lebanon, PA submarket.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,417,275
- 6.5%
- $2,231,331
- 7%
- $2,071,950
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,200,878
- Geo Method
- $985,234
-
Alternative Use
- Use
- Valuation
- Residential
- $2,766,850
- Hospitality
- $2,534,420
- Educational
- $2,108,608
- Medical
- $2,181,126
- Retail
- $3,280,057
Location Insight
- City
- Lebanon
- County
- Lebanon
- State
- Pennsylvania
- Latitude
- 40.3495
- Longitude
- -76.4334
- 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
FAQs
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