Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1193 CENTRE Turnpike Orwigsburg, PA 17961

    View on Map
    For Sale
    $462,500

    LAND - ORWIGSBURG, PA

    Lot size:
    5.50 Acres
    Added:
    Jul 14, 2025
    Days on Market:
    263
    Last Refresh:
    Apr 2 at 5:06 pm

    Property Features for 1193 CENTRE Turnpike

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.50 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    884

    We can help!

    Listing Contact
    Samantha Lee Miller

    Listing agent Samantha Lee Miller License #RS352351

    Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA

    Listing date Jul 14, 2025

    MLS# PASK2022376

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

    Overview

    Prime Commercial Land Opportunity

    This commercial land development opportunity features two adjacent parcels totaling over 5.5 acres along the high-traffic Route 61 North in Orwigsburg, Schuylkill County, Pennsylvania. The site is directly adjacent to the newly-built Geisinger Saint Luke's Hospital, which includes an 88-bed hospital, a 20,000 square foot cardiac specialty center, and a 20,000 square foot general practice office. A new Rutter's Convenience Store with expanded truck parking is under construction across the street. The location is a 10-minute drive from Penn State's Schuylkill Haven campus. The C-1 zoning allows for various uses, including retail, hotel/motel, grocery, restaurant, office, apartments, professional services, hospital, and automotive. The property is surrounded by several multifamily and residential townhome developments, including 144 units in The Howard at Brunswick. The lots are currently subdivided.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orwigsburg
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.085521
    Latitude
    40.640403

    Nearby Similar for Sale

    • $925,000

      Prime Commercial Land Opportunity

      5.5 acres of commercial land near hospital and amenities.
      1193-95 CENTRE Turnpike, ORWIGSBURG, PA 17961
      View Details
    • $599,900

      Restaurant and Bar on PA-61

      Former restaurant and bar with spacious owner's quarters.
      655 ROUTE 61, ORWIGSBURG, PA 17961
      View Details
    • $900,000

      Land on Route 61 Frontage

      Approximately 14.325 acres of land available on Route 61.
      33/47 HOLLENBUSH Lane, ORWIGSBURG, PA 17961
      View Details
    • $1,269,975

      Prime Commercial Land Opportunity

      9.13 acres of commercial land in up-and-coming Orwigsburg, PA.
      4 SHILOH Road, ORWIGSBURG, PA 17961
      View Details
    • Contact for pricing
      2,992 SF

      Orwigsburg Commercial Building For Sale

      2,992 SF commercial building with drive-thru in Orwigsburg, PA.
      1251 Centre Turnpike, Orwigsburg, PA 17961
      View Details
    • Contact for pricing
      2,292 SF

      Former Bank with Drive-Thru Lanes

      Former bank building suitable for medical or retail use.
      1252 Centre Tpke, Orwigsburg, PA
      View Details
    • $599,900
      3,500 SF

      Turn-Key Restaurant and Bar

      Fully equipped restaurant and bar with owner's quarters.
      655 Route 61, Orwigsburg, PA 17961
      View Details
    • $388,000

      Orwigsburg Industrial Land Available

      14.55 acres of industrial land in Orwigsburg Industrial Park.
      ELIZABETH & LONG AVENUE, ORWIGSBURG, PA 17961
      View Details
    • Contact for pricing
      2,992 SF

      Orwigsburg Commercial Building For Sale

      2,992 SF commercial building with drive-thru lanes for sale.
      1251 Centre Turnpike, Orwigsburg, PA 17961
      View Details
    • $1,500,000

      Land For Sale

      Land available for sale.
      Route 61 & Brick Hill Road, Orwigsburg, PA 17961
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two adjacent parcels totaling over 5.5 acres in Orwigsburg, PA.
    Where is this commercial land located?
    The property is located at 1193 CENTRE Turnpike Orwigsburg, PA.
    What is the asking price?
    The asking price for this property is $462,500.
    What are key features of this property?
    This property features: High‑traffic location on Route 61 North in Orwigsburg, Schuylkill County; Adjacent to the newly‑built Geisinger Saint Luke's Hospital; Zoned C‑1, allowing for diverse development options like Retail, Hotel, Restaurant
    (215) 692-3107
    We can help!
    Listing Contact
    Samantha Lee Miller
    Real Estate License ID: RS352351
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!