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Montoursville Industrial Building with Yard
For Sale
$995,000

280 Reading Lane, Montoursville, PA 17754

6,000 SF industrial building with fenced yard near interstate.

Property Size6,000 SF
Price / SF$165.83
Days on Market381

Property Features for 280 Reading Lane

General Information

Standard status Active
Size 6,000 SF
Total Parking Spaces 15
Property subtype Truck Terminal/Hub/Transit Facility
Zoning Industrial

Building Details

Building Size 6,000 SF
Listing Agency: RE/MAX
Listed By: John Brindger · License #PA - RS22139OL
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Oct 1 Last Checked: Oct 9 at 4:07PM

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 RE/MAX

Investment Insights

Based on property information with market context.

This 6,000 square foot industrial building features a fenced and stabilized yard. Zoned for industrial use, the property offers proximity to the interstate and public utilities. The current tenant has a short-term lease, making the property available by the end of the year. The property is located off Broad St in Montoursville, accessible via Reading Lane across from the cemetery.

Key Highlights

  • 6,000 sq ft free‑standing building
  • Zoned Industrial
  • Fenced‑in stabilized yard available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,511
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,220 $850.2K
Cap Rate 7%
$607,300 $607.3K
Cap Rate 9%
$472,344 $472.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$53.0K $8.83/SF
− Vacancy
−$3.0K −$0.49/SF
EGI
$50.0K $8.34/SF
− OpEx
−$7.5K −$1.25/SF
NOI
$42.5K $7.09/SF
Area
Lycoming County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,220
Cap Rate 7%
$607,300
Cap Rate 9%
$472,344

Alternative Uses

Best Use
Warehouse
$607.3K
$531.4K – $708.5K (±1% cap)
NOI $42,511 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$500.1K
$437.6K – $583.5K (±1% cap)
NOI $35,009 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,513 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Truck terminals

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Hair Salon Kitchen & Bath Showroom Bakery

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

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 17754, PA

12,458
Population
5,381
Households
2.3
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
60.1 sq mi
ZIP Area
207
Density / Sq Mi
$72,298
Median Household Income
$42,096
Median Earnings
$968
Median Rent
$249,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Truck terminal - 6,000 SF industrial building with fenced yard near interstate.
Where is this truck terminal located?
The property is located at 280 Reading Lane Montoursville, PA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6,000 sq ft free‑standing building; Zoned Industrial; Fenced‑in stabilized yard available
More about this property
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