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    911 University Dr State College, PA 16801

    For Sale
    $1,800,000

    Prime University Drive Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This two-story, brick office building in State College, PA offers over 10,812 square feet of space on a 0.94-acre lot. Located on University Drive, it boasts high visibility and ample parking for 40 vehicles. Built in 1975, the property features electric heating and a kitchen on each floor. Its convenient location offers easy access to sidewalks, bus routes, and bicycle paths, situated in a charming neighborhood near other professional businesses and single-family homes. The property is zoned PO and presents a significant investment opportunity with its prime location and substantial space. The asking price reflects the building's size, location, and potential for various business uses. This property is an excellent choice for businesses seeking a prominent and accessible location in State College. The combination of ample parking, high visibility, and convenient location makes this a truly exceptional opportunity. The building's solid construction and established location contribute to its long-term value and potential for growth. This is a rare chance to acquire a well-maintained, established office building in a thriving Pennsylvania community.

    Property Features for 911 University Dr

    General Information

    Property type
    Office space
    Lot Size
    40,946 SF

    HighLights

    • Prime State College location.
    • Ample on‑site parking for 40 vehicles.
    • High‑visibility University Drive frontage.
    • Excellent walkability, bus access, and bike paths.
    • Two‑story office building with kitchenettes on each floor.
    • Desirable neighborhood near other businesses and residential areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AgIntegrated Software Company Dr. Upendra N. ... Anesthesiologist

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.845050354387
    Latitude
    40.797629047086

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    FAQs

    What type of property is this?
    Office space - Prime University Drive Location
    Where is this office space located?
    The property is located at 911 University Dr State College, PA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Prime State College location.; Ample on-site parking for 40 vehicles.; High-visibility University Drive frontage.
    Request Owner's contact information
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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
    911 University Dr State College, PA 16801
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