Flex Space with Drive-In
2400 REACH ROAD, Williamsport, PA 17701
For Sale
New
Contact for pricing
Office and industrial areas are served by three-phase power and a sprinkler system.
Property Size18,000 SF
Price / SF$0.00
Days on Market5
Property Features for 2400 REACH ROAD
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Three-Phase Power
Sprinkler System
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
Fish Real Estate, Inc.
(570) 893-4220
Listed By:
Brent Fish · License PA RM420632
(570) 326-1561
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 8:52AM
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 Fish Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Built in 1988, this flex property combines office and industrial space with high ceilings and drive-in doors. The building is equipped with three-phase power and a sprinkler system. Highway access is nearby.
Key Highlights
- Office and industrial space in one flex property
- High ceilings and drive‑in doors
- Three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,028
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,100,560
$2.1M
Cap Rate 7%
$1,500,400
$1.5M
Cap Rate 9%
$1,166,978
$1.2M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$158.9K $8.83/SF
− Vacancy
−$8.9K −$0.49/SF
EGI
$150.0K $8.34/SF
− OpEx
−$45.0K −$2.50/SF
NOI
$105.0K $5.83/SF
Area
Lycoming County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,100,560
Cap Rate 7%
$1,500,400
Cap Rate 9%
$1,166,978
Alternative Uses
Best Use
Warehouse
$1.82M
$1.59M – $2.13M
NOI $127,533 @ 7.0% cap
Second Best
Flex RnD
$1.80M
$1.57M – $2.10M
NOI $125,911 @ 7.0% cap
Theoretical Best
Office A
$3.88M
$3.39M – $4.53M
NOI $271,538 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17701, PA
43,197
Population
20,891
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
98.0 sq mi
ZIP Area
441
Density / Sq Mi
$52,770
Median Household Income
$33,643
Median Earnings
$869
Median Rent
$176,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Office and industrial areas are served by three-phase power and a sprinkler system.
Where is this flex space located?
The property is located at 2400 REACH ROAD Williamsport, PA.
What are key features of this property?
This property features: Office and industrial space in one flex property; High ceilings and drive‑in doors; Three‑phase power
