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219 Cherry Lane Rd, Myerstown, PA 17067

Lat/Long: 40.316742, -76.320279     Elevation: 165.51 meters

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Adam Armstrong
Phone Number: 858.295.8280
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Anamaria Endara
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Site Name
219 Cherry Lane Rd, Myerstown, Pa 17067
Current Infrastructure
Data Accuracy
0.000
SiteID #
482528
Modified Date
Site Description

219 Cherry Lane Rd, Myerstown, Pa 17067 is a Agricultural property with a cell tower antenna structure. The site offers a 5250722 sqft lot area and has a Lebanon County APN # of 22-2367302-361503-0000. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name
219 Cherry Lane Rd, Myerstown, Pa 17067
County of Record
Lebanon County
City
State / Province
Zip Code
Latitude:
Longitude:
Country
United States
Parcel # (APN)
22-2367302-361503-0000
Metro Area (MSA)
Lebanon, Pa
FIPS Code
42,075
Census Tract
42,075,003,100

Census Data

The property located at 219 Cherry Lane Rd is situated in Lebanon County, Pennsylvania and has a block FIPS # of 420750031001009. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 420750031001009
County FIPS: 42075
County Name: Lebanon County
State FIPS: 42
State Name: Pennsylvania
Block Population (2020): 46
AMT: AMT002
BEA: BEA011
BTA: BTA181
CMA: CMA623
EAG: EAG701
IVM: IVM623
MEA: MEA004
MTA: MTA009
PEA: PEA048
REA: REA001
RPC: RPC001
VPC: VPC002
Lot Area
5,250,722.00sq. ft.
# of Buildings
1
Building Area
2,535sq. ft.
Stories
3
Year Built
1,900
Technology & Infrastructure

Utility Information

Utility Company: Metropolitan Edison Co
Company ID: 12390
Residential Rate: $0.1095 /kWh
Commerical Rate: $0.0561 /kWh
Industrial Rate: $0.0141 /kWh
{ "status": 41 }

Utility Lease Market Valuation Analysis

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Utility Lease Market Valuation Analysis

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Estimated Utility Lease Rates

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Note: This lease rate estimate incorporates public and user-submitted data into SiteBid’s proprietary formula, also taking into account lease facts, location and market trends.

Estimated Utility Lease Sale Valuation

Note: This doesn't include the value of the real estate and is only based on the lease rights an a recorded utility easement. The amount of the lease buyout depends on the rent being received under the existing lease, the tenant quality, the terms of the lease, the neighborhood location (including traffic counts and population), the duration of the period for which our investor has the right to collect rent, and a number of other variables that make up our risk assessment.

Request a free site valuation and no obligation cash offer.

Infrastructure Investors are actively purchasing fee simple real estate, leases and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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