Property profile

280 Reading Ln Montoursville, PA 17754

FOR SALE
Commercial real estate
Property ID
US73-5148093
6,000 SF 1.51 ac lot Built 1946
Entity Owned 8-yr Hold
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Property summary

AI-generated overview

This exceptional 6,000 square foot freestanding industrial building presents a rare investment opportunity in Montoursville, PA. Situated on a sizable 1.51-acre lot, the property boasts a fenced and stabilized yard, providing ample space for operations and storage. Its convenient location offers easy access to major transportation routes, including nearby interstate highways, ensuring efficient logistics. The property is zoned for industrial use and benefits from readily available public utilities. Currently occupied by a short-term tenant, this building is poised for immediate occupancy by year's end, presenting a blank canvas for a wide range of industrial businesses. The substantial square footage and expansive yard provide significant flexibility for various operational needs. This is a unique opportunity to acquire a well-located, versatile industrial property in a thriving market. The property's strategic location and substantial size make it an ideal choice for businesses seeking a prominent presence in the Montoursville area. The existing infrastructure and zoning ensure a seamless transition for new occupants. Don't miss this chance to secure a prime industrial asset. Contact the listing agent for further details and scheduling a viewing.

Property profile

Verified
Property type Commercial real estate
Year built 1946
Total area 6,000 SF
Lot 1.51 ac (65,776 SF)
UPID US73-5148093

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

280 Reading Ln Montoursville, PA 17754
Montoursville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2018
1 recorded transaction
2018
$107,383

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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