λ Pegasi is a yellow giant with stellar classification G8II-III. With a mass of and radius that is , the star boasts a bolometric luminosity that is roughly . Its apparent magnitude was calibrated in 1983 at 3.96, yielding an intrinsic brightness of -1.45. Parallax calculations place the star at a distance of roughly 112 parsecs from Earth, or 365 ± 10 light years away, about three times the distance of its line-of-sight double μ Pegasi.