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Standalone Medical Office Building

102 Hillcrest Drive, Roaring Spring, PA 16673

For Sale
$350,000

Commercial Sale, Roaring Spring, PA

Property Size2,152 SF
Lot Size0.05 Acres
Price / SF$162.64
Days on Market47

Property Features for 102 Hillcrest Drive

General Information

Property type Commercial Sale
Property subtype Office
Exterior features Rain Gutters
Lot features Year Round Access, Year Round Access
Elementary school district Spring Cove
Middle school district Spring Cove
High school district Spring Cove
Subdivision Roaring Spring Borough
Standard status Active
APN 18.00-07..-001.23-000
Size 2,152 SF
Lot size 0.05 Acres

Additional Details

Property Use Medical Office
Condition Turnkey

Taxes and HOA fees

Tax Annual Amount 3532

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1995
Building materials Brick
Roof type Shingle
Buildings 1
Listing Agency: Perry Wellington Realty, LLC
Listed By: Adam Conrad Team
Added: Sep 22 Changed: Oct 25 Last Checked: Nov 7 at 7:06PM
MLS# 81338

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.

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Investment Insights

Based on property information with market context.

This standalone medical office property contains 2,152 square feet on a 0.05-acre lot and was built in 1995. The interior includes a waiting room, reception area, multiple exam rooms, and private office space arranged for medical use. Brick construction, a shingle roof, central air, and natural gas forced-air heating are in place.

The building is located near Conemaugh Nason Medical Center in Roaring Spring, Pennsylvania. Public water and public sewer serve the property, while cable service is available. Exterior features include rain gutters, providing a practical base for a medical practice or related professional office use.

Key Highlights

  • 2,152‑square‑foot standalone medical office building
  • 0.05‑acre lot with a 1995 construction date
  • Waiting room, reception area, multiple exam rooms, and private office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,810
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,200 $496.2K
Cap Rate 7%
$354,429 $354.4K
Cap Rate 9%
$275,667 $275.7K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$45.2K $21.00/SF
− Vacancy
−$3.8K −$1.79/SF
EGI
$41.4K $19.22/SF
− OpEx
−$16.5K −$7.69/SF
NOI
$24.8K $11.53/SF
Area
Blair County, PA
Vacancy
8.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,200
Cap Rate 7%
$354,429
Cap Rate 9%
$275,667

Alternative Uses

Best Use
Healthcare Medical
$354.4K
$310.1K – $413.5K (±1% cap)
NOI $24,810 @ 7.0% cap · market cap 7.09%
Second Best
Office B
$311.4K
$272.5K – $363.4K (±1% cap)
NOI $21,801 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$2.61M
$2.29M – $3.05M (±1% cap)
NOI $182,968 @ 7.0% cap · market cap 52.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Howard Black, MD Physician UPMC Surgical Associates Physician Dr. Stephen L. ... Physician Stephen Lloyd Schmidt, ... Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Auto Parts Store Law Firm Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby
Balanced
Demand for This Use

Demographics for 16673, PA

5,317
Population
2,302
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
93%
High-School Grad
34.4 sq mi
ZIP Area
155
Density / Sq Mi
$69,119
Median Household Income
$40,691
Median Earnings
$850
Median Rent
$154,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Similar Off Market Nearby

  • Companion Animal Hospital of Spring Cove — 1065 E Main St, Roaring Spring, PA 16673
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical layout with reception, waiting, exam, and private office areas supports healthcare operations.
Where is this medical office space located?
The property is located at 102 Hillcrest Drive Roaring Spring, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,152‑square‑foot standalone medical office building; 0.05‑acre lot with a 1995 construction date; Waiting room, reception area, multiple exam rooms, and private office space
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