Flex Property with Detached
New
For Sale
$145,000
719 W Howard Ave, Pottsville, PA 17901
A renovated work area pairs with a separate garage and on-site utility connections.
Property Size2,140 SF
Price / SF$67.76
Days on Market4
Property Features for 719 W Howard Ave
General Information
Standard status
Active
Size
2,140 SF
Total Parking Spaces
5
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2015
Year Renovated
2015
Buildings
2
Listing Agency:
Century 21 Ryon Real Estate
Listed By:
Lazarus J Melan
(484) 545-8075
Source:
Viewmarylandhomesforsale
Added: Oct 4
Changed: Oct 7
Last Checked: Oct 7 at 11:59AM
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 Century 21 Ryon Real Estate
Investment Insights
Based on property information with market context.
This flex property includes two buildings. The main structure provides approximately 1,500 square feet and received a full renovation in 2015. It has a large garage door, electric service, interior lighting, and an electric door opener. A detached 600-square-foot garage adds a separate area for storage, vehicles, equipment, or work space.
A driveway accommodates approximately five vehicles. Water and sewer hookups are also present on the property.
A driveway accommodates approximately five vehicles. Water and sewer hookups are also present on the property.
Key Highlights
- Main building offers approximately 1,500 square feet and was renovated in 2015
- Separate detached garage measures 600 square feet
- Large garage door, electric service, interior lighting, and electric door opener
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,487
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,740
$249.7K
Cap Rate 7%
$178,386
$178.4K
Cap Rate 9%
$138,744
$138.7K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$18.9K $8.83/SF
− Vacancy
−$1.1K −$0.49/SF
EGI
$17.8K $8.34/SF
− OpEx
−$5.4K −$2.50/SF
NOI
$12.5K $5.83/SF
Area
Schuylkill County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,740
Cap Rate 7%
$178,386
Cap Rate 9%
$138,744
Alternative Uses
Best Use
Flex RnD
$213.8K
$187.1K – $249.5K
NOI $14,969 @ 7.0% cap · market cap 10.32%
Second Best
Industrial
$178.4K
$156.1K – $208.1K
NOI $12,487 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$321.0K
$280.9K – $374.5K
NOI $22,470 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,104
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - A renovated work area pairs with a separate garage and on-site utility connections.
Where is this flex space located?
The property is located at 719 W Howard Ave Pottsville, PA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Main building offers approximately 1,500 square feet and was renovated in 2015; Separate detached garage measures 600 square feet; Large garage door, electric service, interior lighting, and electric door opener
