Versatile Industrial Flex
For Sale
$350,000
320 N WOLFE STREET, Pottsville, PA 17901
Solid brick industrial flex building on a large parcel with a large overhead garage door and multiple entry points.
Property Size3,075 SF
Lot Size2.10 Acres
Price / SF$113.82
Days on Market97
Property Features for 320 N WOLFE STREET
General Information
Standard status
Active
Size
3,075 SF
Lot size
2.10 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Drive-In Doors
1
Building Details
Year Built
1956
Listing Agency:
Coldwell Banker Realty
(717) 761-4800
Listed By:
Brandon S Yeagley · License #RS366893
(717) 775-7163
Source:
Cummingsrealtors
Added: May 31
Changed: Sep 3
Last Checked: Sep 2 at 5:37PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This versatile industrial flex property includes 3,075 square feet of building space on a 2.1-acre parcel. The solid brick structure features a large overhead garage door, along with multiple entry points, supporting flexible use and straightforward loading and access. The interior space is described as suitable for a range of commercial and industrial needs, including warehouse, contractor, storage, or municipal uses.
Located in Pottsville, the property offers convenient access to major local roadways. The generous outdoor acreage supports practical requirements such as parking, equipment storage, and fleet vehicle storage, with additional space for future expansion or potential development.
Overall, the combination of a functional warehouse-style building and substantial land area is designed to accommodate businesses seeking both indoor workspace and usable outdoor space.
Located in Pottsville, the property offers convenient access to major local roadways. The generous outdoor acreage supports practical requirements such as parking, equipment storage, and fleet vehicle storage, with additional space for future expansion or potential development.
Overall, the combination of a functional warehouse-style building and substantial land area is designed to accommodate businesses seeking both indoor workspace and usable outdoor space.
Key Highlights
- 3,075 SF solid brick industrial/flex building on a 2.1‑acre parcel
- Large overhead garage door plus multiple entry points for flexible access
- Designed with flexible interior space for commercial, industrial, warehouse, contractor, storage, or municipal uses
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
$21,510
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
6.15%
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%
$430,200
$430.2K
Cap Rate 7%
$307,286
$307.3K
Cap Rate 9%
$239,000
$239.0K
Market Conditions
NOI Build-Up for 3,075 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
$35.1K $11.40/SF
− Vacancy
−$2.0K −$0.64/SF
EGI
$33.1K $10.76/SF
− OpEx
−$11.6K −$3.77/SF
NOI
$21.5K $7.00/SF
Area
Schuylkill County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
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%
$430,200
Cap Rate 7%
$307,286
Cap Rate 9%
$239,000
Alternative Uses
Best Use
Flex RnD
$307.3K
$268.9K – $358.5K
NOI $21,510 @ 7.0% cap · market cap 6.15%
Second Best
Industrial
$256.3K
$224.3K – $299.0K
NOI $17,942 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$461.3K
$403.6K – $538.1K
NOI $32,288 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
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 - Solid brick industrial flex building on a large parcel with a large overhead garage door and multiple entry points.
Where is this flex space located?
The property is located at 320 N WOLFE STREET Pottsville, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,075 SF solid brick industrial/flex building on a 2.1‑acre parcel; Large overhead garage door plus multiple entry points for flexible access; Designed with flexible interior space for commercial, industrial, warehouse, contractor, storage, or municipal uses
