Listing Agency: Howard Hanna Bardell Realty Altoona s***@yahoo.com

Listed By: Holly O'Connor · License #RS202518L Show Phone

Source: Exprealty

Added: Nov 15, 2025 Changed: Oct 25 Last Checked: Oct 30 at 3:19PM

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Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This office space offers a layout that can support a large medical practice. The property is positioned for healthcare-oriented operations near Conemaugh Nason Hospital.

In addition to medical use, the property may be adaptable for other business needs, including retail, educational use, or PT, based on the flexibility described in the remarks.

The building size is 5,363 SF, providing room to accommodate professional services and related support functions.

Located at 94 June Dr in Roaring Spring, PA 16673.

Key Highlights

• 5,363 SF office building
• Near Conemaugh Nason Hospital
• Suitable for a large medical practice

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$130,966

Cap Rate

8.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,619,320 $2.6M

Cap Rate 7%

$1,870,943 $1.9M

Cap Rate 9%

$1,455,178 $1.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 12,928 SF

Gross rent

$217.2K $16.80/SF

− Vacancy

−$42.6K −$3.29/SF

EGI

$174.6K $13.51/SF

− OpEx

−$43.7K −$3.38/SF

NOI

$131.0K $10.13/SF

Area

Blair County, PA

Vacancy

19.60%

Lease Rate

$16.80 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,619,320

Cap Rate 7%

$1,870,943

Cap Rate 9%

$1,455,178

Alternative Uses

Best Use

Healthcare Medical

$2.13M

$1.86M – $2.48M (±1% cap)

NOI $149,047 @ 7.0% cap · market cap 9.32%

Second Best

Office B

$1.87M

$1.64M – $2.18M (±1% cap)

NOI $130,966 @ 7.0% cap · market cap 8.19%

Theoretical Best

Warehouse

$15.70M

$13.74M – $18.32M (±1% cap)

NOI $1,099,168 @ 7.0% cap · market cap 68.70%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Rite Aid Pharmacy Rite Aid Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm Western Union Bank CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Top Pick Real Estate Agency Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Butcher

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

296

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 16673, PA

5,317

Population

2,302

Households

2.3

Avg Household Size

44

Median Age

19%

College-Educated

93%

High-School Grad

34.4 sq mi

ZIP Area

155

Density / Sq Mi

$69,119

Median Household Income

$40,691

Median Earnings

$850

Median Rent

$154,700

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Similar Off Market Nearby

• Companion Animal Hospital of Spring Cove — 1065 E Main St, Roaring Spring, PA 16673
• Companion Animal Hospital — 1065 E Main St, Roaring Spring, PA 16673

Frequently Asked Questions

What type of property is this?

Medical Office Space - Office space sized for a large medical practice, with potential for other commercial and professional uses.

Where is this medical office space located?

The property is located at 94 June Dr Roaring Spring, PA.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: 5,363 SF office building; Near Conemaugh Nason Hospital; Suitable for a large medical practice