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    3703 Bigler Avenue Northern Cambria, PA 15714

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    Claim this Listing
    For Sale
    $155,000

    COMMERCIAL - Northern Cambria, PA

    Property size:
    8,820 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $17/SF
    Added:
    Oct 25, 2024
    Days on Market:
    560
    Last Refresh:
    May 7 at 5:06 pm

    Property Features for 3703 Bigler Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Parking features
    Off Street, Driveway
    Basement
    Finished, Full
    Standard status
    Active
    APN
    56-035.-219.000
    Size
    8,820 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    2018-4333
    Tax Annual Amount
    2506

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air, Electric (Heating), Oil
    Water source
    Public

    Building Details

    Floors in Building
    2
    Building materials
    Block, Vinyl Siding, Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Jessica Mastri
    Jessica Mastri

    Listing agent Jessica Mastri License #RS326182

    Listing office Re/max Results Realty Group 1001 Logan Blvd, Altoona, PA

    Listing date Oct 25, 2024

    MLS# 76011

    Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully rented residential units (6 apartments) provide immediate income.
    • Commercial storefront offers additional income potential.
    • Separate meters for each unit allow tenants to pay for their own electric, reducing owner expenses.
    • Ample parking available both in front and rear of the building.
    • Includes essential utilities (water/sewer/garbage) in rent.
    • Recent updates throughout the building since purchase.

    Overview

    Northern Cambria Apartment Building

    This large apartment building in Northern Cambria, PA, presents an opportunity to expand your portfolio. The property features six residential apartments and one commercial storefront. All residential units are currently rented. The commercial space, previously used as a yard sale location, is currently vacant. Each residential unit includes a kitchen, living area, one or two bedrooms, a bathroom, and laundry facilities. Rents are currently below market value. The property includes water, sewer, garbage, and dumpster services. Each unit has a separate meter, with tenants responsible for electric bills. Ample parking is available both in front and in the rear of the building. The current owner installed a retaining wall to add parking. The property has undergone many updates since its purchase. The building is zoned commercial and has a property size of 8820 square feet on a lot of 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Northern Cambria
    County
    Cambria
    State
    Pennsylvania
    Longitude
    -78.782331
    Latitude
    40.657489

    Nearby Similar for Sale

    • $425,000
      1,200 SF

      Turnkey Restaurant Opportunity in Cambria

      Established restaurant with diverse revenue streams and loyal customer base.
      1707 Philadelphia Avenue, Northern Cambria, PA 15714
      View Details
    • $129,000
      2,400 SF

      Well-Maintained Duplex in Northern Cambria

      Solid rental opportunity with recent upgrades and tenant-paid utilities.
      2206 Bigler Avenue, Northern Cambria, PA 15714
      View Details

    FAQs

    What type of property is this?
    Apartment building - Large apartment building with commercial storefront in Northern Cambria.
    Where is this apartment building located?
    The property is located at 3703 Bigler Avenue Northern Cambria, PA.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Fully rented residential units (6 apartments) provide immediate income.; Commercial storefront offers additional income potential.; Separate meters for each unit allow tenants to pay for their own electric, reducing owner expenses.
    (814) 931-0426
    We can help!
    Listing Contact
    Jessica Mastri
    Jessica Mastri
    Real Estate License ID: RS326182
    Learn More
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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.

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