3,300-Square-Foot Auto
For Sale
$185,000
Pending
1127 Main St, Plymouth, PA 18651
Garage facility with office space and potential living area for automotive or project-based operations.
Property Size3,300 SF
Days on Market117
Property Features for 1127 Main St
General Information
Standard status
Pending
Size
3,300 SF
Taxes and HOA fees
Annual Taxes
$1,929
Amenities
small office area
Building Details
Buildings
1
Listing Agency:
RPA Real Estate
(570) 855-8995
Listed By:
Asucena Vergara
(570) 855-8995
Source:
Exprealty
Added: May 6
Changed: Aug 29
Last Checked: Aug 29 at 11:21PM
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 RPA Real Estate
Investment Insights
Based on property information with market context.
This 3,300-square-foot garage is configured for automotive work and is currently used as a mechanic shop. The building provides substantial open work area along with a small office, supporting both hands-on operations and administrative needs. Potential living space is also identified within the structure.
Located at 1127 Main St in Plymouth, PA, the property offers a flexible building format for an owner-operator, automotive business, or other project-based use supported by the existing garage configuration.
Located at 1127 Main St in Plymouth, PA, the property offers a flexible building format for an owner-operator, automotive business, or other project-based use supported by the existing garage configuration.
Key Highlights
- 3,300‑square‑foot garage building
- Currently used as a mechanic auto shop
- Small office area included
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
$14,093
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
7.62%
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%
$281,860
$281.9K
Cap Rate 7%
$201,329
$201.3K
Cap Rate 9%
$156,589
$156.6K
Market Conditions
NOI Build-Up for 3,300 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
$23.0K $6.96/SF
− Vacancy
−$1.3K −$0.39/SF
EGI
$21.7K $6.57/SF
− OpEx
−$7.6K −$2.30/SF
NOI
$14.1K $4.27/SF
Area
Luzerne County, PA
Vacancy
5.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
35.00%
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%
$281,860
Cap Rate 7%
$201,329
Cap Rate 9%
$156,589
Alternative Uses
Best Use
Retail
$392.0K
$343.0K – $457.4K
NOI $27,443 @ 7.0% cap · market cap 14.83%
Second Best
Industrial
$260.2K
$227.7K – $303.5K
NOI $18,212 @ 7.0% cap · market cap 9.84%
Theoretical Best
Office A
$1.05M
$914.8K – $1.22M
NOI $73,181 @ 7.0% cap · market cap 39.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18651, PA
8,723
Population
4,586
Households
1.9
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
727
Density / Sq Mi
$43,639
Median Household Income
$34,673
Median Earnings
$930
Median Rent
$90,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- VEGA'S AUTO REPAIR — Plymouth Township, PA 18651
- Township Auto Services — 1080 W Main St, Plymouth, PA 18651
Frequently Asked Questions
What type of property is this?
Auto shop - Garage facility with office space and potential living area for automotive or project-based operations.
Where is this auto shop located?
The property is located at 1127 Main St Plymouth, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 3,300‑square‑foot garage building; Currently used as a mechanic auto shop; Small office area included
