Sign Up Successful!
You now have access to more from Realmo!
    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

    208 Catawissa Ave Williamsport, PA 17701

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,400,000

    4.4 acre industrial land with 1.5M gallon steel tank.

    We can help!

    Listing Contact
    John Brindger
    Source: Remaxcommercial

    Listing Agent: John Brindger

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

    Learn more

    Property Insight Report

    Overview

    Industrial Land with Large Tank

    This 4.4-acre parcel is zoned Industrial (ML) and includes a 1.5 million gallon double-walled steel tank. The site features engineered stormwater management and a design for a building with an area of 20,000 square feet or more. The property is located off Reach Road in Williamsport, accessible via Catawissa Avenue on the right. A RE/MAX Commercial sign marks the location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -77.0639855
    Latitude
    41.2284724

    Nearby Similar for Sale

    • $465,000
      Pending

      Turn-Key Multi Use Building

      Profitable bar/restaurant, rentals, and potential for more income.
      326 Court St, Williamsport, PA 17701
      View Details
    • $444,000
      Pending

      Mixed-Use Building in Downtown Williamsport

      9-unit mixed-use building with commercial storefront and income potential.
      Williamsport, PA 17701
      View Details
    • $135,000
      Pending

      Versatile Commercial/Residential Opportunity in Williamsport

      High-visibility location, flexible zoning, ideal for professionals or live/work.
      1140 Washington Blvd, Williamsport, PA 17701
      View Details
    • $92,500
      1,708 SF

      Williamsport Duplex with Fenced Yard

      Duplex with newer utilities, month-to-month tenants, and fenced yard.
      716 Grace St, Williamsport, PA 17701
      View Details
    • New
      $899,000
      Pending

      Income-Generating Commercial Property

      Commercial property with multiple income streams and redevelopment potential.
      1920 Green Ave, Williamsport, PA 17701
      View Details
    • $139,900
      2,951 SF

      Williamsport Multifamily Income Property

      Income-generating duplex with spacious rooms and fenced yards in Williamsport.
      642-644 Cherry St, Williamsport, PA 17701
      View Details
    • Contact for pricing
      30,000 SF

      30,000 SF Warehouse/Distribution Facility

      Warehouse/Distribution facility in Central Pennsylvania, near major routes.
      801 Foresman St, Williamsport, PA 17701
      View Details
    • $130,000
      2,208 SF

      Income-Producing Duplex in Williamsport, PA

      Duplex with rental potential near downtown, schools, and highways.
      Williamsport, PA 17701
      View Details
    • $315,000
      2,724 SF

      Five-Unit Apartment Building Investment

      Five-unit apartment building in good condition, ready to generate income.
      1602 W 4Th St, Williamsport, PA 17701
      View Details
    • $1,175,000
      21,633 SF

      Williamsport Commercial Buildings For Sale

      Two commercial buildings totaling 21,633 SF in central business district.
      416 W 3Rd St, Williamsport, PA 17701
      View Details
    • $140,000
      Pending

      Income-Producing Duplex in Williamsport, PA

      Fully occupied duplex generating consistent cash flow with 11.5% cap rate.
      2006-2008 Federal Ave, Williamsport, PA 17701
      View Details
    • $1,400,000
      8,921 SF

      Restaurant, Bar and Retail Buildings

      Restaurant, bar, and retail buildings with ample parking for sale.
      503 Washington Blvd, Williamsport, PA 17701
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.4 acre industrial land with 1.5M gallon steel tank.
    Where is this commercial land located?
    The property is located at 208 Catawissa Ave Williamsport, PA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - 4.4 acre parcel zoned Industrial (ML); - Includes a 1.5 million gallon double-walled steel tank; - Storm water engineered
    (570) 321-1010
    Request Owner's contact information
    208 Catawissa Ave Williamsport, PA 17701
    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.
    208 Catawissa Ave
    Williamsport, PA 17701
    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
    208 Catawissa Ave Williamsport, PA 17701
    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
    John Brindger
    Real Estate License ID: PA - RS22139OL
    (570) 321-1010
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.