Medical Center with Surgery
For Sale
Contact for pricing
176 Vision Dr, Duncansville, PA 16635
Purpose-built outpatient facility combines clinical services with dedicated ambulatory surgical functions in one building.
Property Size17,754 SF
Price / SF$323.87
Days on Market206
Property Features for 176 Vision Dr
General Information
Standard status
Active
Size
17,754 SF
Net Rentable
17,754 SF
Property subtype
Office
Investment Type
Owner/User
Amenities
conference room
rooftop access
Building Details
Year Built
2006
Buildings
1
Stories
1
Units
1
Building Size
17,754 SF
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #9009637
Source:
Crexi
Added: Feb 6
Changed: Aug 29
Last Checked: Aug 31 at 3:03AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This purpose-built medical center contains 17,754 RSF configured for outpatient care and ambulatory surgery. The clinic area provides reception, waiting areas, examination and operatory rooms, private offices, and an optical display area. A separate surgery component includes its own reception and waiting spaces, pre- and post-operative areas, locker rooms, staff support areas, and two full-sized operating rooms.
Constructed in 2006, the building also includes a second-floor conference room, mechanical space, rooftop access, and a 3,355 SF partial basement designated for storage. The existing ophthalmology-oriented configuration may accommodate other outpatient medical and surgical specialties, subject to applicable requirements.
Constructed in 2006, the building also includes a second-floor conference room, mechanical space, rooftop access, and a 3,355 SF partial basement designated for storage. The existing ophthalmology-oriented configuration may accommodate other outpatient medical and surgical specialties, subject to applicable requirements.
Key Highlights
- 17,754 RSF medical outpatient facility constructed in 2006
- Ambulatory surgery component includes two full‑sized operating rooms
- Separate clinic and surgical areas with dedicated reception and waiting spaces
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
$204,686
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
3.56%
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%
$4,093,720
$4.1M
Cap Rate 7%
$2,924,086
$2.9M
Cap Rate 9%
$2,274,289
$2.3M
Market Conditions
NOI Build-Up for 17,754 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
$372.8K $21.00/SF
− Vacancy
−$31.7K −$1.79/SF
EGI
$341.1K $19.22/SF
− OpEx
−$136.5K −$7.69/SF
NOI
$204.7K $11.53/SF
Area
Blair County, PA
Vacancy
8.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
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%
$4,093,720
Cap Rate 7%
$2,924,086
Cap Rate 9%
$2,274,289
Alternative Uses
Best Use
Healthcare Medical
$2.92M
$2.56M – $3.41M
NOI $204,686 @ 7.0% cap · market cap 3.56%
Second Best
Office B
$2.57M
$2.25M – $3.00M
NOI $179,855 @ 7.0% cap · market cap 3.13%
Theoretical Best
Warehouse
$21.56M
$18.87M – $25.16M
NOI $1,509,486 @ 7.0% cap · market cap 26.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 16635, PA
11,661
Population
5,475
Households
2.1
Avg Household Size
49
Median Age
26%
College-Educated
95%
High-School Grad
56.8 sq mi
ZIP Area
205
Density / Sq Mi
$69,924
Median Household Income
$41,671
Median Earnings
$1,014
Median Rent
$186,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Purpose-built outpatient facility combines clinical services with dedicated ambulatory surgical functions in one building.
Where is this medical center located?
The property is located at 176 Vision Dr Duncansville, PA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 17,754 RSF medical outpatient facility constructed in 2006; Ambulatory surgery component includes two full‑sized operating rooms; Separate clinic and surgical areas with dedicated reception and waiting spaces
