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    99 Horn Railroad Path Sunbury, PA 17801

    For Sale
    $285,000

    6,400 SF Industrial; 100% Occupancy

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a multi-tenant industrial property located at 99 S Horn Railroad Path, Sunbury, PA 17801. The property encompasses 6,400 square feet across four units within a single building, situated on a 0.4-acre lot. Built in 2023, the building features a Class B rating and boasts 11-12.5' ceiling heights, providing ample space for various industrial uses. The property currently enjoys 100% occupancy with a diverse tenant mix, including a national retailer and local businesses. Four drive-in doors facilitate efficient loading and unloading. Thirty parking spaces are available for tenants and visitors. The property is zoned for Neighborhood Business use and offers significant potential for increased cash flow through lease renegotiation, as two tenants are on year-to-year leases and two are on longer-term leases. The strategic location provides easy access to major roadways including Routes 15, 61, 890, and PA 147, offering convenient access to the Selinsgrove retail area. The property's Net Operating Income (NOI) is $20,760, with an asking price of $285,000 ($44.53/sq ft). The property's APN is 054-01-009-043. This is a rare opportunity to acquire a stable, multi-tenant industrial property with significant upside potential.

    Property Features for 99 Horn Railroad Path

    General Information

    Property type
    Industrial properties
    Square Feet
    6,400 SF
    Class
    B
    Lot Size
    17,424 SF

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Units
    4

    HighLights

    • $285,000 asking price for a 6,400 SF multi‑tenant industrial building.
    • Excellent cash flow opportunity via lease renegotiation.
    • Ample indoor/outdoor storage.
    • Convenient location near Selinsgrove retailers.
    • Four drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sunbury
    County
    Northumberland
    State
    Pennsylvania
    Longitude
    -76.787499
    Latitude
    40.8590331

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    FAQs

    What type of property is this?
    Industrial property - 6,400 SF Industrial; 100% Occupancy
    Where is this industrial property located?
    The property is located at 99 Horn Railroad Path Sunbury, PA.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: $285,000 asking price for a 6,400 SF multi-tenant industrial building.; Excellent cash flow opportunity via lease renegotiation.; Ample indoor/outdoor storage.
    Request Owner's contact information
    99 Horn Railroad Path Sunbury, PA 17801
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    Realmo Value Estimation

    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.

    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.

    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
    99 Horn Railroad Path Sunbury, PA 17801
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