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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Commercial real estate
1201 Blair St Hollidaysburg, PA 16648-2445
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-4187336
Property summary
AI-generated overview
This exceptional investment opportunity presents a fee-simple, 7,124 square-foot Rite Aid pharmacy in Hollidaysburg, Pennsylvania. Located at 1201 Blair St, 16648, this Class B, single-tenant property boasts a strong 6.00% cap rate and a substantial NOI of $76,000. The building, constructed in 1984, features a convenient drive-thru and ample parking (20+ spaces). With 100% occupancy and a lease featuring rent bumps, this freestanding building offers significant long-term potential. The property benefits from a prime location with 132 feet of frontage on Blair Street and enjoys a zero-competition radius for drugstores. Rite Aid has operated at this location since 2014, demonstrating a proven track record of success. The asking price is $1,266,000, translating to $177.71 per square foot. This represents a below-market rent, providing a substantial cushion for long-term occupancy and the potential for increased rental income in the future. This is a rare chance to acquire a high-performing, net-leased asset in a thriving market.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1957
Total area
14,490 SF
Lot
0.43 ac (18,731 SF)
APN
11.04-08..-010.01-000
UPID
US73-4187336
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rite Aid Pharmacy Pharmacy
-
Kopp Drug Inc Pharmacy
-
Dixon Ross W Pharmacy
-
Rite Aid Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$996k
Blend (final)
Blend
$1.27M
Owner & transaction history
1201 Blair Street LLC · 3 yrs held
1201 Blair Street LLC
since 2022
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hollidaysburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollidaysburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,334
Tax year 2024
Assessed value
$847,200
Assessed 2024
Previous assessed
$847,200
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$112,400
Assessed improvement
$734,800
Land market value
$112,400
Improvement market value
$734,800
Total market value
$847,200
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1957
Heating
NONE
Stories
1
Total area
14,490 SF
Lot
0.43 ac (18,731 SF)
APN
11.04-08..-010.01-000
UPID
US73-4187336
Jurisdiction
BLAIR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1957
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
1201 Blair Street LLC
Entity
Mailing address
1201 BLAIR ST, HOLLIDAYSBURG, PA 16648-2445
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
—
1201 Blair Street LLC
David R Meyers
Warranty Deed
$601,250 · M & T Bank
Feb 14, 2019
—
David R Meyers
—
Deed
related
$566,000 · M & T Bank
Dec 21, 2018
$1,066,000
David Meyers
Pac Realty LP IV
Deed
—
Oct 7, 2014
$313,152
Pac Realty LP IV
Craig B Cohn
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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