Corner Office Building with
For Sale
$895,000
3113-3119 Pleasant Valley Blvd, Altoona, PA 16602
Signalized corner visibility and a brick office interior with multiple offices, conference room, and parking for daily operations.
Property Size3,390 SF
Price / SF$264.01
Days on Market105
Property Features for 3113-3119 Pleasant Valley Blvd
General Information
Standard status
Active
Size
3,390 SF
Total Parking Spaces
20
Additional Details
Office Units
7
Taxes and HOA fees
Annual Taxes
$14,311
Listing Agency:
Century 21 Strayer & Assoc., Inc-Ebensburg
(814) 472-4761
Listed By:
Scott Strayer · License #RM049011A
(814) 525-2291
Source:
Exprealty
Added: Jun 24
Changed: Oct 6
Last Checked: Oct 5 at 8:52PM
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 Century 21 Strayer & Assoc., Inc-Ebensburg
Investment Insights
Based on property information with market context.
This impressive brick office building is configured for professional use, featuring a reception/lobby area with seven offices, a kitchenette, a conference room, two bathrooms, a work area, and nine workstations. The interior is described as high-end, supporting a polished, client-facing environment.
The property sits on a corner, signalized lot designed for strong on-site visibility. On-site parking includes 20 spaces, with potential for additional parking to support tenant and visitor needs.
For tenants, buyers, or owner-operators seeking a turnkey office setup, the current layout provides a mix of private offices, collaborative conference space, and workstation support within a single building. The combination of reception space, multiple offices, and dedicated conference room makes it practical for professional services and office-based teams, while the on-site parking count helps accommodate day-to-day access.
The property sits on a corner, signalized lot designed for strong on-site visibility. On-site parking includes 20 spaces, with potential for additional parking to support tenant and visitor needs.
For tenants, buyers, or owner-operators seeking a turnkey office setup, the current layout provides a mix of private offices, collaborative conference space, and workstation support within a single building. The combination of reception space, multiple offices, and dedicated conference room makes it practical for professional services and office-based teams, while the on-site parking count helps accommodate day-to-day access.
Key Highlights
- Signalized corner lot offering high visibility
- 20 parking spaces, with potential for additional spaces
- Impressive brick office building with a high‑end interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,342
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,840
$686.8K
Cap Rate 7%
$490,600
$490.6K
Cap Rate 9%
$381,578
$381.6K
Market Conditions
NOI Build-Up for 3,390 SF
Gross rent
$57.0K $16.80/SF
− Vacancy
−$11.2K −$3.29/SF
EGI
$45.8K $13.51/SF
− OpEx
−$11.4K −$3.38/SF
NOI
$34.3K $10.13/SF
Area
Blair County, PA
Vacancy
19.60%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,840
Cap Rate 7%
$490,600
Cap Rate 9%
$381,578
Alternative Uses
Best Use
Office B
$490.6K
$429.3K – $572.4K
NOI $34,342 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.12M
$3.60M – $4.80M
NOI $288,226 @ 7.0% cap · market cap 32.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
7
Office units
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Explore this area
Business Placement
Demographics for 16602, PA
27,996
Population
13,171
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
1,904
Density / Sq Mi
$53,097
Median Household Income
$37,336
Median Earnings
$842
Median Rent
$120,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Signalized corner visibility and a brick office interior with multiple offices, conference room, and parking for daily operations.
Where is this office building located?
The property is located at 3113-3119 Pleasant Valley Blvd Altoona, PA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Signalized corner lot offering high visibility; 20 parking spaces, with potential for additional spaces; Impressive brick office building with a high‑end interior
