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Keystone Plaza Shopping Center
For Sale
$1,300,000

200 E Pleasant Valley Blvd, Altoona, PA 16602

Commercial Sale, Altoona, PA

Property Size11,536 SF
Lot Size1.03 Acres
Price / SF$112.69
Days on Market405

Property Features for 200 E Pleasant Valley Blvd

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Exterior features Lighting, Private Entrance
Subdivision East End
Lot features Level, Level
Elementary school district Altoona
Middle school district Altoona
High school district Altoona
Standard status Active
APN 1.10-13-119
Size 11,536 SF
Lot size 1.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12605

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1995
Building materials Block, Vinyl Siding
Roof type Shingle
Listing Agency: Howard Hanna Bardell Realty Altoona
Listed By: Richard Johnston · License #RM028146A
Added: Aug 28, 2025 Changed: Aug 19 Last Checked: Oct 6 at 5:06PM
MLS# 78297

Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Keystone Plaza is a 11,536-square-foot shopping center on 1.03 acres. The property includes restaurant and dollar-store uses, approximately 30 parking spaces, exterior lighting, and a private entrance. Built in 1995, the improvements feature block and vinyl siding construction with a shingle roof.

The property is located at 200 E Pleasant Valley Blvd in Altoona, Pennsylvania. Commercial zoning applies to the site, which is served by public water and public sewer. Building systems include natural gas forced-air heating and central air conditioning.

Key Highlights

  • 11,536‑square‑foot shopping center on 1.03 acres
  • Includes restaurant and dollar‑store uses
  • Approximately 30 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$116,041
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,320,820 $2.3M
Cap Rate 7%
$1,657,729 $1.7M
Cap Rate 9%
$1,289,344 $1.3M
Market Conditions
NOI Build-Up for 11,536 SF
Gross rent
$173.0K $15.00/SF
− Vacancy
−$7.3K −$0.63/SF
EGI
$165.8K $14.37/SF
− OpEx
−$49.7K −$4.31/SF
NOI
$116.0K $10.06/SF
Area
Blair County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,320,820
Cap Rate 7%
$1,657,729
Cap Rate 9%
$1,289,344

Alternative Uses

Best Use
Specialty Retail
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,153 @ 7.0% cap · market cap 8.93%
Second Best
Retail
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $116,041 @ 7.0% cap · market cap 8.93%
Theoretical Best
Warehouse
$14.01M
$12.26M – $16.35M (±1% cap)
NOI $980,817 @ 7.0% cap · market cap 75.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Family Dollar Discount Store ATM Atm Taps on 2nd Tavern ... Restaurant Family Pizza & Pub Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 47% Apparel 3% Home Improvements & Furnishings 1%
Burger King Dining
12,914 visits/mo 0.1 miles
Dollar General Shops & Services
8,928 visits/mo 0.3 miles
Family Dollar Shops & Services
5,338 visits/mo 0.1 miles
SUBWAY Dining
3,604 visits/mo 0.1 miles
Terminix Shops & Services
1,492 visits/mo 0.3 miles

Demographics for 16602, PA

27,996
Population
13,171
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
1,904
Density / Sq Mi
$53,097
Median Household Income
$37,336
Median Earnings
$842
Median Rent
$120,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - The center includes restaurant and dollar-store uses with a private entrance.
Where is this shopping center located?
The property is located at 200 E Pleasant Valley Blvd Altoona, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 11,536‑square‑foot shopping center on 1.03 acres; Includes restaurant and dollar‑store uses; Approximately 30 parking spaces
More about this property
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