500 W Plank Road, Altoona, PA 16602
- Added:
- May 11, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 26 at 9:06 pm
Property Features for 500 W Plank Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- APN
- 01.14-35..-001.00-000
- Size
- 1,612 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9153
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1975
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Adam Conrad Team (814) 693-5669
Listing office Perry Wellington Realty, LLC 1004 N Juniata Street, Duncansville, PA (814) 695-5323
Listing date May 11, 2026
Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location on W. Plank Road with 37,000+ vehicles per day.
- Large paved parking/display area (over 21,000 SF) on a 0.53‑acre corner lot.
- Existing 1,612 SF brick commercial building with drive‑thru window and potential for a second lane.
- Excellent visibility with large pylon signage and multiple curb cuts for easy access.
- Well‑lit lot with flood lights.
- Ideal for various commercial uses: QSR, coffee shop, bank, retail, office, or automotive.
Overview
The site is located on a corner along heavily traveled W. Plank Road, with traffic counts approaching 37,000+ vehicles per day. The property’s layout supports strong ingress and egress for both customers and service vehicles, and it benefits from its surrounding mix of local businesses and national chain restaurants, retail, and service providers.
With the existing drive-thru setup and substantial paved customer area, the building and site can support a range of day-to-day uses such as QSR, coffee shop, bank, pharmacy, medical office, retail showroom, professional office, or continued automotive use. For operators seeking a high-exposure location with practical vehicle access and on-site parking, this corner site offers a turnkey framework centered on drive-up service and customer convenience.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.8k | $105.96 |
| − Vacancy | −$9.6k | −$5.93 |
| EGI | $161.2k | $100.03 |
| − OpEx | −$48.4k | −$30.01 |
| NOI | $112.9k | $70.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Altoona
- County
- Blair
- State
- Pennsylvania
- Longitude
- -78.406236
- Latitude
- 40.473759
