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    712 Logan Blvd Hollidaysburg, PA 16648

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    For Sale
    Contact for pricing

    Prime Medical/Retail Space, High Growth Area

    Property size:
    5,049 SF

    Property Features for 712 Logan Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    5,049 SF
    Lot Size
    2,439,360 SF

    We can help!

    Listing Contact
    Bradley Swidler
    Bradley Swidler

    Listing Agent: Bradley Swidler

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 5,049 square foot property, located at 712 S Logan Blvd in Hollidaysburg, Pennsylvania (zip code 16648), presents a unique investment opportunity. The building, situated on a spacious 56-acre lot (APN 2-14C-30), is zoned for both retail and office use, currently operating as a well-maintained medical office building. The property boasts a substantial 12'x12' lobby and features two professional office suites. The main suite includes a reception area, ten dental exam rooms, a utility room, dental lab, office, lounge/lunch room, laundry room, conference room, sterilization room, dark room, radiation area, and two and a half bathrooms. The second suite offers a waiting room/receptionist area, lab/office, exam room, lunch room, and a half bathroom. The property benefits from expanded parking and is located in a rapidly growing area, making it an attractive option for long-term lease potential. The asking price for this turnkey operation is $900,000. This property is ideal for medical professionals or investors seeking a strong return in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jeffers Andrew DDS Dental Office Dental Care Associates- ... Dental Office Dr. Stephanie Varljen, ... Dental Office Dr. Ann Jeffers, ... Dental Office Dennis M Hallinan ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollidaysburg
    County
    Blair
    State
    Pennsylvania
    Longitude
    -78.3953764
    Latitude
    40.4572864

    Nearby Similar for Sale

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    • $900,000
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      Medical Office Building For Sale

      Well-maintained medical office building with two professional suites.
      712 S Logan Blvd, Hollidaysburg, PA 16648
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    • $1,266,000
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      Rite Aid Pharmacy Investment

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Medical/Retail Space, High Growth Area
    Where is this lifestyle center located?
    The property is located at 712 Logan Blvd Hollidaysburg, PA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price for a 5,049 SF retail and office property.; Located in Hollidaysburg, PA, Blair County (APN: 2-14C-30).; 56-acre lot at 712 S Logan Blvd, 16648.
    (717) 208-8669 Call to check price and availability
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    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
    712 Logan Blvd Hollidaysburg, PA 16648
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bradley Swidler
    Bradley Swidler
    Real Estate License ID: #RS205686L
    (717) 208-8669
    Learn more
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