Montoursville Industrial Building with
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 Market332
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
(570) 220-4731
Listed By:
John Brindger · License #PA - RS22139OL
(570) 220-4731
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 22 at 3:30AM
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 = 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
$42,511
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
4.27%
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%
$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
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
$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 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%
$850,220
Cap Rate 7%
$607,300
Cap Rate 9%
$472,344
Alternative Uses
Best Use
Warehouse
$607.3K
$531.4K – $708.5K
NOI $42,511 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$500.1K
$437.6K – $583.5K
NOI $35,009 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,513 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Northeast region
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
