Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Danville Mixed-Use Land Opportunity Title is generated by Realmo AI

    1002 RAILROAD ST, Danville, PA 17821

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land suitable for mixed-use, office, senior living, or special purpose.

    Type:Office, Industrial, Hospitality
    Property size:
    43,764 SF
    Added:
    May 14, 2026
    Days on Market:
    17
    Last Refresh:
    May 16 at 8:46 pm

    Property Features for 1002 RAILROAD ST

    General Information

    Standard status
    Active
    Size
    43,764 SF
    Property subtype
    Office, Industrial, Hospitality

    We can help!

    Listing Contact
    Tiffany Cioffi

    Listing agent Tiffany Cioffi License #PARS327219

    Listing office Fish Commercial Group

    Listing date May 14, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Fish Commercial Group

    HighLights

    • Mixed Use designation offers diverse development possibilities.
    • Suitable for Office development.
    • Suitable for Senior Living development.
    • Suitable for Special Purpose development.
    • Land availability presents a ground‑up development opportunity.
    • Property is designated as Land.

    Overview

    This property, encompassing 43,764 square feet, presents an opportunity for various developments. It is suitable for mixed-use projects, office spaces, senior living facilities, or special purpose properties. The land offers potential for a range of commercial real estate ventures.
    Location Intelligence

    Current Use by Public Records

    Saint Cyril Preschool ... High School Sisters-Saints Cyril & Mthds Congregation Basilica of Saints Cyril ... Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Montour
    State
    Pennsylvania
    Longitude
    -76.6052185
    Latitude
    40.9639226

    Nearby Similar for Sale

    • $380,000
      6,750 SF

      Mixed-Use Property with Commercial Storefronts

      Two-unit property featuring commercial storefronts and residential space.
      506 MILL Street, Danville, PA 17821
      View Details
    • $380,000

      Danville Commercial Storefront with Residence

      Commercial storefront with restaurant, rental property, and owner's residence.
      506 - 510 MILL Street, Danville, PA 17821
      View Details
    • $209,000
      3,024 SF

      Danville Multi-Family Double Dwelling

      Two-story duplex in Danville with separate units and convenient location.
      45-47 E MARKET Street, Danville, PA 17821
      View Details
    • $1.00
      1,402 SF

      Rush Township Farm Auction

      125-acre farm with remodeled farmhouse and barn near Danville.
      2974 Orchard Road, Danville, PA 17821
      View Details
    • $2,400,000
      43,000 SF

      43,000+ SF Villa Mansion

      43,000+ SF Villa Mansion on 33+ acre site.
      B-1002 Railroad Street, Danville, PA 17821
      View Details
    • $349,000

      Commercial Log Home on Two Acres

      Commercial log home on 2 acres with business potential.
      112 Mccracken Rd, Danville, PA, 17821-9527
      View Details
    • $595,000
      14,000 SF

      Downtown Danville Commercial/Warehouse Space

      14,000+ sqft commercial/warehouse space with office, solar panels.
      544 Ferry St, Danville, PA, 17821-1009
      View Details
    • $395,000

      Commercial Space Near Danville

      Commercial space suitable for store, gas station, or mini-market.
      2123 Montour Blvd, Danville, PA, 17821-8709
      View Details
    • Contact for pricing
      5,557 SF

      Turnkey Restaurant Opportunity in Danville

      Former Friendly's restaurant with fully equipped kitchen and ample parking.
      17 Red Roof Rd, Danville, PA
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Land suitable for mixed-use, office, senior living, or special purpose.
    Where is this mixed-use property located?
    The property is located at 1002 RAILROAD ST Danville, PA.
    What are key features of this property?
    This property features: Mixed Use designation offers diverse development possibilities.; Suitable for Office development.; Suitable for Senior Living development.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tiffany Cioffi
    Real Estate License ID: PARS327219
    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

    Thank You for Inquiry
    1002 RAILROAD ST, DANVILLE, PA 17821
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!