Freestanding Office Building with
For Sale
$375,000
Pending
250 Schoolhouse Rd, Bloomsburg, PA 17815
Single-story professional office layout with private workrooms, client reception, staff break area, and on-site green space.
Property Size1,400 SF
Lot Size1.69 Acres
Days on Market17
Property Features for 250 Schoolhouse Rd
General Information
Standard status
Pending
Size
1,400 SF
Lot size
1.69 Acres
Zoning
General Commercial (C)
Additional Details
Road Access
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$4,985
Building Details
Year Built
2000
Buildings
1
Stories
1
Building Size
1,400 SF
Listing Agency:
THE LAND AND RESIDENTIAL CONNECTION
(570) 546-2231
Listed By:
Amanda L Orzolek · License #RS354484
(570) 546-2231
Source:
Exprealty
Added: Jul 23
Changed: Aug 8
Last Checked: Aug 8 at 2:50AM
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 THE LAND AND RESIDENTIAL CONNECTION
Investment Insights
Based on property information with market context.
This freestanding office property occupies 1.69 acres in Bloomsburg and provides a single-story configuration for professional operations. The interior includes four private offices, a reception area, kitchenette and breakroom, restroom, and storage space. The building was constructed in 2000 and has a newer roof installed around 2020.
Paid-off solar panels serve the property, and fiber internet is available. General Commercial (C) zoning supports office use, while the adjoining tract contributes additional green space and separation around the building. The property is located at 250 Schoolhouse Rd in Bloomsburg, with the source information also identifying the broader Mall Boulevard and State Route 42 corridor as a high-traffic setting.
Paid-off solar panels serve the property, and fiber internet is available. General Commercial (C) zoning supports office use, while the adjoining tract contributes additional green space and separation around the building. The property is located at 250 Schoolhouse Rd in Bloomsburg, with the source information also identifying the broader Mall Boulevard and State Route 42 corridor as a high-traffic setting.
Key Highlights
- 1.69‑acre parcel with an adjoining tract for additional green space and buffer
- Single‑story office building with four private offices
- Reception area, kitchenette/breakroom, restroom, and storage
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
$28,656
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
7.64%
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%
$573,120
$573.1K
Cap Rate 7%
$409,371
$409.4K
Cap Rate 9%
$318,400
$318.4K
Market Conditions
NOI Build-Up for 1,480 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
$43.0K $29.04/SF
− Vacancy
−$4.8K −$3.22/SF
EGI
$38.2K $25.82/SF
− OpEx
−$9.6K −$6.45/SF
NOI
$28.7K $19.36/SF
Area
Columbia County, PA
Vacancy
11.10%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
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%
$573,120
Cap Rate 7%
$409,371
Cap Rate 9%
$318,400
Alternative Uses
Best Use
Office B
$409.4K
$358.2K – $477.6K
NOI $28,656 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K
NOI $34,735 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
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?
Office building - Single-story professional office layout with private workrooms, client reception, staff break area, and on-site green space.
Where is this office building located?
The property is located at 250 Schoolhouse Rd Bloomsburg, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1.69‑acre parcel with an adjoining tract for additional green space and buffer; Single‑story office building with four private offices; Reception area, kitchenette/breakroom, restroom, and storage
