7371 Route 328 Millerton, PA 16936
COMMERCIAL - Millerton, PA
Property Features for 7371 Route 328
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 2.62 Acres
Building Details
- Year built
- 1954
Listing agent Thomas Calaman (570) 529-0649
Listing office JoAnne Kizer Real Estate 1690 Golden Mile Road, Towanda, PA (570) 268-7653
Listing date May 13, 2021
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Investment Insights
Based on property information with market context.
Key Highlights
- Includes adjacent 0.87 acre lot in NY.
- Suitable for commercial use.
- Potential uses: gas station, cigarette shop, convenience store, or professional office.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $15.00 |
| − Vacancy | −$1.1k | −$0.63 |
| EGI | $25.9k | $14.37 |
| − OpEx | −$6.5k | −$3.59 |
| NOI | $19.4k | $10.78 |
