1212 Maple StLebanon, PA 17046

  • Mixed-use properties
  • 15,661 SF
For Lease

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
1212 Maple St, Lebanon, Pennsylvania

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

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
$16,587
$109,900
$430,500
$540,400
-
$112,833
$441,991
$554,824

FAQs

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