Brick Medical Office
For Sale
$799,900
109 Stadium Drive, Bellwood, PA 16617
Flexible medical office layout with a conference room, kitchen, private rooms, and three restrooms.
Property Size2,600 SF
Price / SF$307.65
Days on Market21
Property Features for 109 Stadium Drive
General Information
Standard status
Active
Size
2,600 SF
Taxes and HOA fees
Annual Taxes
$8,943
Amenities
dedicated conference room
three well-appointed restrooms
functional kitchen
multiple private rooms
Building Details
Construction
brick
Listing Agency:
Perry Wellington Realty, LLC
(814) 696-7742
Listed By:
The Gretchen Gunnett Team
(814) 696-7742
Source:
Exprealty
Added: Jul 31
Changed: Aug 13
Last Checked: Aug 20 at 11:53AM
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 Perry Wellington Realty, LLC
Investment Insights
Based on property information with market context.
This 2,600-square-foot medical office property is built with all-brick exterior construction and arranged for professional operations. Interior features include a dedicated conference room, three restrooms, a kitchen, and multiple private rooms within a flexible floor plan.
The configuration supports medical office use while also accommodating wellness services or a general corporate office. Located at 109 Stadium Drive in Bellwood, Pennsylvania, the property combines durable construction with a practical mix of shared and private spaces.
The configuration supports medical office use while also accommodating wellness services or a general corporate office. Located at 109 Stadium Drive in Bellwood, Pennsylvania, the property combines durable construction with a practical mix of shared and private spaces.
Key Highlights
- 2,600‑square‑foot medical office property
- All‑brick commercial construction
- Dedicated conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,975
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$599,500
$599.5K
Cap Rate 7%
$428,214
$428.2K
Cap Rate 9%
$333,056
$333.1K
Market Conditions
NOI Build-Up for 2,600 SF
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.
Gross rent
$54.6K $21.00/SF
− Vacancy
−$4.6K −$1.79/SF
EGI
$50.0K $19.22/SF
− OpEx
−$20.0K −$7.69/SF
NOI
$30.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$599,500
Cap Rate 7%
$428,214
Cap Rate 9%
$333,056
Alternative Uses
Best Use
Healthcare Medical
$428.2K
$374.7K – $499.6K
NOI $29,975 @ 7.0% cap · market cap 3.75%
Second Best
Office B
$376.3K
$329.2K – $439.0K
NOI $26,339 @ 7.0% cap · market cap 3.29%
Theoretical Best
Warehouse
$3.16M
$2.76M – $3.68M
NOI $221,058 @ 7.0% cap · market cap 27.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16617, PA
2,655
Population
1,202
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
1,770
Density / Sq Mi
$56,000
Median Household Income
$35,964
Median Earnings
$883
Median Rent
$133,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical office layout with a conference room, kitchen, private rooms, and three restrooms.
Where is this medical office space located?
The property is located at 109 Stadium Drive Bellwood, PA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 2,600‑square‑foot medical office property; All‑brick commercial construction; Dedicated conference room
