Medical Office Space
For Sale
Contact for pricing
4 Greenbury Rd, Pottsville, PA 17901
Medical office space for sale in Pottsville, Pennsylvania.
Property Size3,578 SF
Price / SF$283.23
Days on Market126
Property Features for 4 Greenbury Rd
General Information
Standard status
Active
Size
3,578 SF
Property subtype
OFFICE
Listing Agency:
Matthews Real Estate Investments Services | New York
(818) 522-4497
Listed By:
Michael Moreno · License #CQ1066435,BK3554632(FL)
(818) 522-4497
Source:
Moodyscre
Added: Apr 28
Changed: Aug 8
Last Checked: Aug 31 at 2:14AM
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 Matthews Real Estate Investments Services | New York
Investment Insights
Based on property information with market context.
This commercial real estate property, suitable for medical office space or general office use, offers 3,578 square feet of space. The property is located in Pottsville, Pennsylvania. On August 1st, 2024, Lehigh Valley Health Network completed its merger with Jefferson Health, forming a major regional academic health system serving Pennsylvania and New Jersey, creating a system with 32 hospitals, over 700 care sites, and approximately 62,000 employees.
Key Highlights
- Merger with Jefferson Health creates a major regional academic health system.
- Lehigh Valley Health Network is a high‑caliber operator.
- The health system serves Pennsylvania and New Jersey.
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
$34,778
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
3.43%
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%
$695,560
$695.6K
Cap Rate 7%
$496,829
$496.8K
Cap Rate 9%
$386,422
$386.4K
Market Conditions
NOI Build-Up for 3,578 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
$64.4K $18.00/SF
− Vacancy
−$6.4K −$1.80/SF
EGI
$58.0K $16.20/SF
− OpEx
−$23.2K −$6.48/SF
NOI
$34.8K $9.72/SF
Area
Schuylkill County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
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%
$695,560
Cap Rate 7%
$496,829
Cap Rate 9%
$386,422
Alternative Uses
Best Use
Healthcare Medical
$496.8K
$434.7K – $579.6K
NOI $34,778 @ 7.0% cap · market cap 3.43%
Second Best
Office B
$415.4K
$363.5K – $484.6K
NOI $29,078 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$536.7K
$469.6K – $626.2K
NOI $37,569 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space for sale in Pottsville, Pennsylvania.
Where is this medical office space located?
The property is located at 4 Greenbury Rd Pottsville, PA.
What is the asking price?
The asking price for this property is $1,013,383.
What are key features of this property?
This property features: Merger with Jefferson Health creates a major regional academic health system.; Lehigh Valley Health Network is a high‑caliber operator.; The health system serves Pennsylvania and New Jersey.
