Medical Office Space
For Sale
Contact for pricing
205 Laurel Blvd, Pottsville, PA 17901
Medical office space for sale, 8,057 square feet.
Property Size8,057 SF
Price / SF$295.54
Days on Market171
Property Features for 205 Laurel Blvd
General Information
Standard status
Active
Size
8,057 SF
Property subtype
OFFICE
Listing Agency:
Matthews Real Estate Investments Services | New York
(866) 889-0550
Listed By:
Michael Moreno · License #01982943(CA)
(949) 432-4511
Source:
Moodyscre
Added: Apr 28
Changed: Sep 18
Last Checked: Oct 15 at 12:46AM
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 Matthews Real Estate Investments Services | New York
Investment Insights
Based on property information with market context.
This commercial real estate offering consists of medical office space. The property has a size of 8,057 square feet. The property is located at 205 Laurel Blvd, Pottsville, PA 17901. On August 1st, 2024, Lehigh Valley Health Network merged with Jefferson Health, creating a system with 32 hospitals, over 700 care sites, and approximately 62,000 employees.
Key Highlights
- Premier health system operator: Lehigh Valley Health Network merged with Jefferson Health.
- Major regional academic health system serving Pennsylvania and New Jersey.
- Extensive network comprising 32 hospitals.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,314
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,566,280
$1.6M
Cap Rate 7%
$1,118,771
$1.1M
Cap Rate 9%
$870,156
$870.2K
Market Conditions
NOI Build-Up for 8,057 SF
Gross rent
$145.0K $18.00/SF
− Vacancy
−$14.5K −$1.80/SF
EGI
$130.5K $16.20/SF
− OpEx
−$52.2K −$6.48/SF
NOI
$78.3K $9.72/SF
Area
Schuylkill County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,566,280
Cap Rate 7%
$1,118,771
Cap Rate 9%
$870,156
Alternative Uses
Best Use
Healthcare Medical
$1.12M
$978.9K – $1.31M
NOI $78,314 @ 7.0% cap · market cap 3.29%
Second Best
Office B
$935.4K
$818.5K – $1.09M
NOI $65,479 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,599 @ 7.0% cap · market cap 3.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,480
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- Mengle, Lora DVM — 1170 PA-61, Pottsville, PA 17901
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space for sale, 8,057 square feet.
Where is this medical office space located?
The property is located at 205 Laurel Blvd Pottsville, PA.
What is the asking price?
The asking price for this property is $2,381,148.
What are key features of this property?
This property features: Premier health system operator: Lehigh Valley Health Network merged with Jefferson Health.; Major regional academic health system serving Pennsylvania and New Jersey.; Extensive network comprising 32 hospitals.
