Building Details

Year Built 1900

Listing Agency: EXP Realty, LLC c***@exprealty.com Show Phone

Listed By: Charles David Yost · License #RS366045 Show Phone

Source: Cummingsrealtors

Added: May 30 Changed: Aug 23 Last Checked: Aug 23 at 9:00AM

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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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This property is an auto shop and automotive-oriented commercial asset offered for sale. The listing includes a commercial space sized at 1,091 square feet, presented as a dedicated automotive property within the broader retail and commercial real estate categories.

Located at 521 Merceron in Catawissa, Pennsylvania (17820), the site is positioned for tenants and operators seeking an automotive service setting in a small-market environment. Prospective buyers will want to confirm all access, site utility conditions, and use-specific requirements directly with the appropriate local authorities and during due diligence.

As an auto shop property, this asset may be a practical fit for an owner-operator or an investor looking for an automotive-focused space. The most relevant considerations for buyers will be how the building layout supports day-to-day service operations and whether the intended business aligns with applicable property constraints and any permitting requirements. For anyone evaluating automotive service or related commercial activities, this offering provides a straightforward starting point in a purpose-built category of commercial real estate.

Key Highlights

• Auto shop commercial property in Catawissa, Pennsylvania
• Built in 1900

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

$15,268

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

9.03%

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%

$305,360 $305.4K

Cap Rate 7%

$218,114 $218.1K

Cap Rate 9%

$169,644 $169.6K

Market Conditions

NOI Build-Up for 1,091 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

$22.9K $21.00/SF

− Vacancy

−$1.1K −$1.01/SF

EGI

$21.8K $19.99/SF

− OpEx

−$6.5K −$6.00/SF

NOI

$15.3K $13.99/SF

Area

Columbia County, PA

Vacancy

4.80%

Lease Rate

$21.00 /SF/Yr

Expense Ratio

30.00%

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%

$305,360

Cap Rate 7%

$218,114

Cap Rate 9%

$169,644

Alternative Uses

Best Use

Retail

$218.1K

$190.9K – $254.5K (±1% cap)

NOI $15,268 @ 7.0% cap · market cap 9.03%

Second Best

Industrial

$91.1K

$79.7K – $106.3K (±1% cap)

NOI $6,376 @ 7.0% cap · market cap 3.77%

Theoretical Best

Office A

$365.8K

$320.1K – $426.8K (±1% cap)

NOI $25,605 @ 7.0% cap · market cap 15.15%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Auto Parts Store Building Supply Big Box & Wholesale Store Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

131

Businesses Nearby

18k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 70% Groceries 30%

Dollar General Shops & Services

6,570 visits/mo 0.5 miles

Weis Markets Groceries

5,464 visits/mo 0.3 miles

Citgo Shops & Services

4,503 visits/mo 0.3 miles

Sunoco Shops & Services

1,960 visits/mo 0.4 miles

Demographics for 17820, PA

5,459

Population

2,705

Households

2

Avg Household Size

47

Median Age

27%

College-Educated

95%

High-School Grad

86.7 sq mi

ZIP Area

63

Density / Sq Mi

$68,304

Median Household Income

$46,158

Median Earnings

$774

Median Rent

$210,500

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Auto shop - For sale auto shop property in Catawissa, Pennsylvania, suited for automotive service and related commercial uses.

Where is this auto shop located?

The property is located at 521 MERCERON Catawissa, PA.

What is the asking price?

The asking price for this property is $169,000.

What are key features of this property?

This property features: Auto shop commercial property in Catawissa, Pennsylvania; Built in 1900