Warehouse and Office Flex
For Sale
Contact for pricing
3181 Columbia Boulevard, Bloomsburg, PA 17815
Flex warehouse and office building offers HVAC-controlled shipping space, ADA office, and semi-truck access on a high-traffic road.
Property Size3,696 SF
Lot Size0.78 Acres
Price / SF$128.52
Days on Market62
Property Features for 3181 Columbia Boulevard
General Information
Standard status
Active
Size
3,696 SF
Lot size
0.78 Acres
Property subtype
Office, Industrial, Mixed Use
Zoning
C
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Clear Height
14 ft
Amenities
kitchenette
laundry area
temperature-controlled clean room
full basement
Building Details
Year Built
1999
Year Renovated
2021
Buildings
1
Stories
1
Listing Agency:
The Land Connection and The Residential Connection
Listed By:
Amanda Orzolek · License #RS354484
(570) 854-0488
Source:
Crexi
Added: Jul 9
Changed: Sep 4
Last Checked: Aug 14 at 8:05AM
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 Connection and The Residential Connection
Investment Insights
Based on property information with market context.
This flex warehouse and office property combines HVAC-controlled warehouse and shipping/receiving space with ADA-compliant office area. The building is supported by 14-foot ceilings in the warehouse and includes a temperature-controlled clean room measuring 11' x 15'. Additional interior amenities include a kitchenette and a laundry area, along with a full basement with concrete floors and Superior Walls construction.
The site is positioned along US Route 11 / Columbia Boulevard with approximately 220 feet of road frontage, supporting visibility and convenient customer and operational access. On-site semi-truck access is included, making the property well suited for distribution, light manufacturing, or professional operations.
Office space totals 1,248 square feet and is configured with three private offices, central air, and two bathrooms. Two recently upgraded dual HVAC systems serve the building, and a new radon mitigation system has been installed.
The site is positioned along US Route 11 / Columbia Boulevard with approximately 220 feet of road frontage, supporting visibility and convenient customer and operational access. On-site semi-truck access is included, making the property well suited for distribution, light manufacturing, or professional operations.
Office space totals 1,248 square feet and is configured with three private offices, central air, and two bathrooms. Two recently upgraded dual HVAC systems serve the building, and a new radon mitigation system has been installed.
Key Highlights
- 0.78‑acre commercial site with approx. 220 ft of road frontage on US Route 11/Columbia Boulevard
- Semi‑truck access on‑site for warehousing, distribution, light manufacturing, or professional operations
- 2,448 SF HVAC‑controlled warehouse/shipping‑receiving area with 14‑ft ceilings
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
$26,227
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
5.52%
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%
$524,540
$524.5K
Cap Rate 7%
$374,671
$374.7K
Cap Rate 9%
$291,411
$291.4K
Market Conditions
NOI Build-Up for 3,696 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
$32.4K $8.76/SF
− Vacancy
−$1.5K −$0.41/SF
EGI
$30.9K $8.35/SF
− OpEx
−$4.6K −$1.25/SF
NOI
$26.2K $7.10/SF
Area
Columbia County, PA
Vacancy
4.70%
Lease Rate
$8.76 /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%
$524,540
Cap Rate 7%
$374,671
Cap Rate 9%
$291,411
Alternative Uses
Best Use
Warehouse
$374.7K
$327.8K – $437.1K
NOI $26,227 @ 7.0% cap · market cap 5.52%
Second Best
Industrial
$308.6K
$270.0K – $360.0K
NOI $21,599 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,744 @ 7.0% cap · market cap 18.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse and office building offers HVAC-controlled shipping space, ADA office, and semi-truck access on a high-traffic road.
Where is this flex space located?
The property is located at 3181 Columbia Boulevard Bloomsburg, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 0.78‑acre commercial site with approx. 220 ft of road frontage on US Route 11/Columbia Boulevard; Semi‑truck access on‑site for warehousing, distribution, light manufacturing, or professional operations; 2,448 SF HVAC‑controlled warehouse/shipping‑receiving area with 14‑ft ceilings
