Building Details

Year built 1900

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

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

Added: Jun 17 Changed: Sep 6 Last Checked: Sep 16 at 10:06PM

Report an Issue

MLS# C-1604

Copyright © 2026 Central Susquehanna Valley Board 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.

Investment Insights

Based on property information with market context.

This 1,091-square-foot commercial building occupies 0.22 acres at 521 Merceron Street in Catawissa, Pennsylvania. Constructed in 1900, the property includes a bathroom and equipment associated with automotive repair, including a paint booth and an in-ground frame machine with two pullers. The layout provides a practical base for automotive or motorcycle repair, contractor operations, storage, or other commercial uses identified for the property.

Commercial zoning supports the existing business-oriented configuration. The owner’s personal cars, tools, supplies, and other equipment are scheduled for removal before closing; certain items may be negotiable separately. The property is located in Columbia County and carries a Catawissa, PA 17820 address.

Key Highlights

• 1,091‑square‑foot commercial building on 0.22 acres
• Built in 1900 with a bathroom
• Paint booth included

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

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Auto shops

Suggested Use

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

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

Well-served

Demand for This Use

Explore this area Business Placement

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 Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Similar For Sale Nearby

Auto Shop Property

521 Merceron St, Catawissa, PA 17820

$169,000

1,091 SF

View details

Two-Story Storefront Building

352 MAIN Street, Catawissa, PA 17820

$89,900

8,280 SF

View details

30-Site Mobile Home Park

1120 Numidia Dr, Catawissa, PA 17820

$1,300,000

View details

Similar Off Market Nearby

• Torque Diesel Performance. — 751 Creek Rd, Catawissa, PA 17820
• Rarig's Thunder Chicken Tire — 896 Rupert Dr, Bloomsburg, PA 17815
• Cash For Cars — 119b pine st, catawissa, pa 17820
• Victory Towing & Recovery — 119b Pine St, Catawissa, PA 17820
• Bucher's Body & Fender Shop — 521 Merceron St, Catawissa, PA 17820

Frequently Asked Questions

What type of property is this?

Auto shop - Commercially zoned building with specialized equipment for automotive, motorcycle repair, contractor, storage, and related business uses.

Where is this auto shop located?

The property is located at 521 MERCERON Street 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: 1,091‑square‑foot commercial building on 0.22 acres; Built in 1900 with a bathroom; Paint booth included