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    2901-2999 E College Ave State College, PA 16801

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    For Lease
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    Retail space in enclosed shopping mall near Penn State.

    Property size:
    595 SF
    Lot size:
    40.07 Acres

    Property Features for 2901-2999 E College Ave

    General Information

    Size
    595 SF
    Lot size
    40.07 Acres

    Source: Mason Asset Management - Corporate Agent Igal Nassim

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

    Overview

    Enclosed Mall Retail Space

    This retail space is located within the only enclosed shopping mall within a 40-mile radius. The property benefits from its proximity to a large student population, with 45,000 students residing within 5 miles. Additionally, there are 26,000 faculty workers at Penn State. Current tenants include Dunham's Sports, Rural King, Gabe’s, Bally’s Casino, and Planet Fitness. The available space measures 595 square feet and is located at 2901-2999 E College Ave, State College, PA.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.878391
    Latitude
    40.760245

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    FAQs

    What type of property is this?
    Shopping mall - Retail space in enclosed shopping mall near Penn State.
    Where is this shopping mall located?
    The property is located at 2901-2999 E College Ave State College, PA.
    What are key features of this property?
    This property features: - Only enclosed shopping mall within 40 miles; - 45,000 students within 5 miles; - Anchored by Dunham's Sports, Rural King, Gabe’s, Bally’s Casino & Planet Fitness
    (516) 371-5858
    Request Owner's contact information
    2901-2999 E College Ave State College, PA 16801
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    Realmo Value Estimation

    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.

    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.

    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
    2901-2999 E College Ave State College, PA 16801
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