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    High-End Office Suites Title is generated by Realmo AI

    1000 Commerce Park Drive, Williamsport, PA 17701

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    COMMERCIAL - Williamsport, PA

    Property size:
    3,250 SF
    Lot size:
    13.79 Acres
    Added:
    May 28, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 2 at 6:06 pm

    Property Features for 1000 Commerce Park Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Lot size
    13.79 Acres

    Building Details

    Year built
    1941

    We can help!

    Listing Contact
    Brent Fish

    Listing agent Brent Fish License #RM420632

    Listing office Fish Real Estate PA

    Listing date May 28, 2026

    MLS# 31727521

    Copyright © 2026 Northern Mountains of Pennsylvania MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Year built 1941 office building offering all‑inclusive suites
    • Suite sizes range from 450 to 3,250 SF
    • High‑end finishes and private parking
    • On‑site restaurant and on‑site property management/maintenance
    • Direct highway access
    • Security systems and energy efficient utility costs

    Overview

    This property offers high-end office space and all-inclusive suites designed for modern tenants. Suites are available in a range of sizes, and the building is positioned to deliver a polished work environment with quality finishes. On-site systems include security, and the offering emphasizes energy-efficient utility costs, supported by on-site property management and maintenance.

    Located at 1000 Commerce Park Drive in Williamsport, Pennsylvania, the property is set up for convenient access, including direct highway connectivity. Tenants also benefit from private parking and an on-site restaurant, which can help streamline the workday for staff and clients. The combination of these features supports both frequent customer visits and daily employee commutes.

    This suite-style configuration is well-suited to professional office users seeking a move-in-ready environment where operations are supported by on-site teams. The all-inclusive approach can simplify budgeting, while security systems and private parking add practical day-to-day value. For businesses that want a high-end presence with straightforward logistics, these office suites offer a strong leasing option.
    Property Profile Location Intelligence

    Current Use by Public Records

    Madison Settlement Services Title Company Brick Mill Craft ... General Contractor Metzger Wickersham Law Firm mXtr Automation Marketing & Advertising Dr. Eduardo Rueda ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -76.9851738
    Latitude
    41.2460554

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    FAQs

    What type of property is this?
    Office units - Premium, all-inclusive office suites with private parking, security, and direct highway access for efficient day-to-day operations.
    Where is this office units located?
    The property is located at 1000 Commerce Park Drive Williamsport, PA.
    What are key features of this property?
    This property features: Year built 1941 office building offering all‑inclusive suites; Suite sizes range from 450 to 3,250 SF; High‑end finishes and private parking
    (570) 326-1561
    We can help!
    Listing Contact
    Brent Fish
    Real Estate License ID: RM420632
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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