Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    61 At Walmart Dr Coal Township, PA 17866

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    7.58 Acres, Keystone Opportunity Zone

    Property Features for 61 At Walmart Dr

    General Information

    Property type
    Land
    Lot Size
    330,185 SF

    We can help!

    Listing Contact
    Mark Gerlach
    Mark Gerlach

    Listing Agent: Mark Gerlach

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 7.58-acre commercial land parcel is strategically located in Coal Township, Northumberland County, Pennsylvania, at the intersection of Route 61 and Walmart Drive. The property boasts a prime location with high visibility due to its position at a signalized intersection on Route 61, experiencing a daily traffic volume of 9,208 vehicles. This presents a significant opportunity for developers and investors. The site is further enhanced by its inclusion within the Keystone Opportunity Zone (KOZ), offering potential tax advantages. The property is currently proposed for a deep discount grocery and farm store development. The seller is flexible and willing to sell the entire 7.58-acre parcel or subdivide it into smaller pad sites to accommodate various development needs. Two parcels of approximately 22 and 27 acres are also available. The property's address is Route 61 at Walmart Drive, Coal Township, PA 17866 (latitude 40.7879187, longitude -76.5050343). This presents a rare opportunity to acquire land in a high-traffic area with significant development potential and tax benefits. Serious inquiries are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coal Township
    County
    Northumberland
    State
    Pennsylvania
    Longitude
    -76.5050343
    Latitude
    40.7879187

    Nearby Similar for Sale

    • $400,000
      0.72 Acres

      Commercial Property with Garage and Parking

      Commercial property featuring spacious parking, large garage, and office space.
      950 W Arch St, Coal Township, PA 17866
      View Details
    • $800,000
      1,800 SF

      Springfield Retail Space - High Visibility

      Prime Retail Building, Two Units Available
      761 Sproul Rd, Springfield, PA 19064
      View Details
    • Contact for pricing

      Versatile Warehouse Near AOAA

      9,496 SF warehouse ideal for business or recreational venture.
      729 S 5Th St, Coal Township, PA 17866
      View Details

    FAQs

    What type of property is this?
    Land - 7.58 Acres, Keystone Opportunity Zone
    Where is this land located?
    The property is located at 61 At Walmart Dr Coal Township, PA.
    What are key features of this property?
    This property features: 7.58-acre commercial land parcel proposed for a deep discount grocery and farm store.; Adjacent 22 and 27-acre parcels also available within a Keystone Opportunity Zone (KOZ).; High-visibility location at a signalized intersection on Route 61 with 9,208 vehicles per day (VPD).
    (856) 866-2500 Call to check price and availability
    Request Owner's contact information
    61 At Walmart Dr Coal Township, PA 17866
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    61 At Walmart Dr
    Coal Township, PA 17866
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61 At Walmart Dr Coal Township, PA 17866
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Gerlach
    Mark Gerlach
    (856) 866-2500 (856) 986-2811 (856) 866-1900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!