Vacant Auto Shop with Service
For Sale
$245,000
1260 Laurel Boulevard, Pottsville, PA 17901
Open garage configuration with overhead lighting, concrete floors, and two rotary lifts supports automotive operations.
Property Size2,808 SF
Price / SF$87.25
Days on Market22
Property Features for 1260 Laurel Boulevard
General Information
Standard status
Active
Size
2,808 SF
Additional Details
Road Access
Yes
Amenities
red garage doors
high ceilings
concrete floors
overhead lighting
auto lifts
Building Details
Year Built
1950
Buildings
1
Construction
block
Listing Agency:
Coldwell Banker Realty
Listed By:
Brandon S Yeagley, JIM BEDORF
Source:
Soldbypattie
Added: Aug 9
Changed: Aug 30
Last Checked: Aug 25 at 5:29AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 2,808-square-foot auto shop was built in 1950 and is currently vacant. The block-constructed building provides an open garage environment with multiple service bays, high ceilings, concrete flooring, and overhead lighting. Two rotary auto lifts are included, supporting continued vehicle service use without requiring the incoming operator to source that equipment separately.
Located at 1260 Laurel Boulevard in Pottsville, the property has red garage doors, direct road access, and a visible commercial presence along Laurel Boulevard. Its existing layout and automotive improvements also accommodate repair, fabrication, customization, or other light industrial applications supported by the current configuration.
Located at 1260 Laurel Boulevard in Pottsville, the property has red garage doors, direct road access, and a visible commercial presence along Laurel Boulevard. Its existing layout and automotive improvements also accommodate repair, fabrication, customization, or other light industrial applications supported by the current configuration.
Key Highlights
- 2,808‑square‑foot auto shop built in 1950
- Currently vacant for immediate occupancy or redevelopment
- Open garage layout with multiple service bays and high ceilings
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
$20,055
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
8.19%
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%
$401,100
$401.1K
Cap Rate 7%
$286,500
$286.5K
Cap Rate 9%
$222,833
$222.8K
Market Conditions
NOI Build-Up for 2,808 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
$32.0K $11.40/SF
− Vacancy
−$3.4K −$1.20/SF
EGI
$28.7K $10.20/SF
− OpEx
−$8.6K −$3.06/SF
NOI
$20.1K $7.14/SF
Area
Schuylkill County, PA
Vacancy
10.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
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%
$401,100
Cap Rate 7%
$286,500
Cap Rate 9%
$222,833
Alternative Uses
Best Use
Retail
$286.5K
$250.7K – $334.3K
NOI $20,055 @ 7.0% cap · market cap 8.19%
Second Best
Flex RnD
$280.6K
$245.5K – $327.4K
NOI $19,642 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$421.2K
$368.6K – $491.4K
NOI $29,484 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Bob Weaver Collision Center — 2081 West End Ave, Pottsville, PA 17901
- Mike Watcher's Car Center — 1540 W Market St, Pottsville, PA 17901
- Kline Brothers Auto Body — 1616 Mcbarron St, Pottsville, PA 17901
- Ken's Tire Co — 1420 Laurel Blvd, Pottsville, PA 17901
- Jack Beadle Garage — 1260 Laurel Blvd, Pottsville, PA 17901
Frequently Asked Questions
What type of property is this?
Auto shop - Open garage configuration with overhead lighting, concrete floors, and two rotary lifts supports automotive operations.
Where is this auto shop located?
The property is located at 1260 Laurel Boulevard Pottsville, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 2,808‑square‑foot auto shop built in 1950; Currently vacant for immediate occupancy or redevelopment; Open garage layout with multiple service bays and high ceilings
