Building Details

Year Built 1970

Buildings 1

Listing Agency: United Country Magnolia Realty Services i***@magnoliarealtyservices.com

Listed By: Valerie Specht · License #RS335686 Show Phone

Source: Cummingsrealtors

Added: Aug 19 Changed: Oct 6 Last Checked: Oct 7 at 1:16PM

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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 United Country Magnolia Realty Services

Investment Insights

Based on property information with market context.

This 2,200-square-foot medical office building was constructed in 1970 and most recently operated as an optometrist office. The layout includes an open central area, perimeter office rooms, a vault, small kitchenette, and bathrooms. A drive-through window provides an additional functional feature, while overhead lighting supports the interior workspace. The property also has a newer roof and propane-based heating and cooling.

Located on Route 25 and Main Street in Valley View, the building is identified as 1170 W MAIN STREET, VALLEY VIEW, PA 17983. Paved parking is available in front of the office and behind it. The original bank construction and subsequent optometrist use provide established features for continued medical-office or office operations.

Key Highlights

• 2,200‑square‑foot medical office building constructed in 1970
• Drive‑through window and paved parking in front and behind the building
• Open layout with wraparound office space and an existing vault

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,384

Cap Rate

8.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$427,680 $427.7K

Cap Rate 7%

$305,486 $305.5K

Cap Rate 9%

$237,600 $237.6K

Market Conditions

NOI Build-Up for 2,200 SF

Gross rent

$39.6K $18.00/SF

− Vacancy

−$4.0K −$1.80/SF

EGI

$35.6K $16.20/SF

− OpEx

−$14.3K −$6.48/SF

NOI

$21.4K $9.72/SF

Area

Schuylkill County, PA

Vacancy

10.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$427,680

Cap Rate 7%

$305,486

Cap Rate 9%

$237,600

Alternative Uses

Best Use

Healthcare Medical

$305.5K

$267.3K – $356.4K (±1% cap)

NOI $21,384 @ 7.0% cap · market cap 8.55%

Second Best

Office B

$255.4K

$223.5K – $298.0K (±1% cap)

NOI $17,879 @ 7.0% cap · market cap 7.15%

Theoretical Best

Office A

$330.0K

$288.8K – $385.0K (±1% cap)

NOI $23,100 @ 7.0% cap · market cap 9.24%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Dr. Shannon T ... Physician EyeSense Doctors of Optometry Physician Devyn Usuka Physician Rita Klinger Physician Rhoads Robert E ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Plumbing Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

87

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 17983, PA

1,521

Population

647

Households

2.4

Avg Household Size

47

Median Age

16%

College-Educated

92%

High-School Grad

2.7 sq mi

ZIP Area

563

Density / Sq Mi

$69,722

Median Household Income

$45,423

Median Earnings

$1,018

Median Rent

$147,000

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Medical Office Space - Paved parking is provided on both sides of the building, along with a small kitchenette and bathrooms.

Where is this medical office space located?

The property is located at 1170 W MAIN STREET Valley View, PA.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 2,200‑square‑foot medical office building constructed in 1970; Drive‑through window and paved parking in front and behind the building; Open layout with wraparound office space and an existing vault