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

    2780 Benner Pike Bellefonte, PA 16823

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Centre County Location, Build-to-Suit

    Property Features for 2780 Benner Pike

    General Information

    Property type
    Other commercial real estate

    We can help!

    Listing Contact
    Peter Chiarkas

    Listing Agency: Kissinger, Bigatel & Brower Listing Agent: Peter Chiarkas

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

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property, located at 2780 Benner Pike in Bellefonte, Pennsylvania, offers 12,000 square feet of build-to-suit space. Ideally situated between Rutter's and Sheetz gas stations, this pad site boasts unparalleled visibility and accessibility. Its strategic location provides convenient access to Interstate 99, offering a quick commute to State College, Penn State University, and is only 7 miles from Interstate 80, ensuring excellent regional connectivity. The property is zoned to accommodate a variety of commercial uses, including restaurants, taverns, office spaces, retail establishments, and entertainment venues. This presents a unique opportunity for businesses seeking high-traffic exposure within a thriving Centre County market. The build-to-suit option allows for complete customization to meet specific business requirements, ensuring a perfect fit for your operational needs. Don't miss this chance to establish your business in a prime location with exceptional visibility and convenient access to major transportation arteries. The property is available for lease. Contact us today to learn more about this exciting opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellefonte
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.77921
    Latitude
    40.88186

    Nearby Similar for Sale

    • $500,000
      63.18 Acres

      63.18 Acres in Little Nittany

      Desirable 63.18-acre property with flat topography and outstanding access.
      2674 Jacksonville Rd, Bellefonte, PA 16823
      View Details
    • Contact for pricing

      Land and Space Near University

      Land and space available near Interstate 99 and Penn State.
      170 Buckaroo Ln, Bellefonte, PA 16823
      View Details
    • $359,300
      3,002 SF

      Bellefonte Restaurant & Rental

      Turnkey Italian eatery plus rental income.
      116 Penn St, Bellefonte, PA 16823
      View Details
    • Contact for pricing
      6.03 Acres

      Bellefonte Office Space for Lease

      Prime Office Space, 5195 sq ft, Immediate Occupancy
      100 Match Factory Pl, Bellefonte, PA 16823
      View Details
    • $219,500
      4,798 SF

      Bellefonte Church - Prime Location

      Historic Church, 4,798 sq ft, 0.36 acres
      1667 Buffalo Run Rd, Bellefonte, PA 16823
      View Details
    • $229,000
      1,232 SF

      Bellefonte Duplex: Investment Opportunity

      Fully rented duplex in downtown Bellefonte with established rental history.
      131 N Thomas St, Bellefonte, PA 16823
      View Details
    • $425,000
      30,000 SF

      High Street Mixed-Use Investment

      Bellefonte, PA: Prime Mixed-Use Property
      124-130 High St, Bellefonte, PA 16823
      View Details
    • $1,400,000
      5.70 Acres

      Bellefonte Commercial Land - 5.7 Acres

      Prime Commercial Lot, Endless Potential
      3490 Benner Pike, Bellefonte, PA 16823
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Centre County Location, Build-to-Suit
    Where is this commercial real estate located?
    The property is located at 2780 Benner Pike Bellefonte, PA.
    (814) 234-4000
    Request Owner's contact information
    2780 Benner Pike Bellefonte, PA 16823
    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.
    2780 Benner Pike
    Bellefonte, PA 16823
    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
    2780 Benner Pike Bellefonte, PA 16823
    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

    We can help!
    Listing Contact
    Peter Chiarkas
    (814) 234-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!