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    476 Rolling Ridge Dr State College, PA 16801

    Sponsored
    For Sale
    Contact for pricing

    Prime Office Space: Lease or Buy

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building in State College, Pennsylvania, presents a unique investment opportunity. Located on a 3.82-acre lot at 476 Rolling Ridge Dr, this three-story, 46,000+ square foot building offers multiple options. Three units are available, ranging from 4,000 to 15,391 square feet, allowing for flexible leasing or purchase options. The building is currently multi-tenant, with medical uses predominating, but is suitable for a variety of professional office tenants. The property boasts high-end finishes throughout, including granite and ceramic tile in common areas, tray ceilings, and can lighting. Exterior features include a striking blend of brick, stone, split rock, and EIFS, complemented by a metal roof and professionally maintained landscaping creating a park-like setting. Enjoy stunning views of Mount Nittany and the surrounding hills from large windows. The convenient location along the South Atherton corridor provides easy access to Route 322, I-99, and downtown State College. The property is zoned Residential Office in College Township. This is a rare opportunity to acquire a prestigious office building with significant potential. Consider leasing space, purchasing a vacant condo for occupancy, buying an occupied condo as an investment, or acquiring the entire building. The choice is yours.

    Property Features for 476 Rolling Ridge Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,000 SF
    Class
    A
    Lot Size
    166,399 SF

    Building Details

    Buildings
    1
    Stories
    3
    Units
    3

    HighLights

    • 46,000+ SF Class A office building for sale in State College, PA.
    • Office condominiums available for purchase, ideal for owner‑occupancy or investment.
    • Medical/professional office space for lease, ranging from 3,100 to 15,000 SF.
    • Exceptional curb appeal with stunning Mount Nittany views.
    • High‑end interior and exterior finishes throughout.
    • Convenient location with easy access to Route 322, I‑99, and downtown State College.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Scott Andrews Family Practice Physician Dr. Thomas Dispenza Pediatrician KEVIN DARE FOUNDATION Foundation L. Timothy Wolfe Pediatrician Jeffrey Wisinski Internist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8241601
    Latitude
    40.785539

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space: Lease or Buy
    Where is this office property / space located?
    The property is located at 476 Rolling Ridge Dr State College, PA.
    What are key features of this property?
    This property features: 46,000+ SF Class A office building for sale in State College, PA.; Office condominiums available for purchase, ideal for owner-occupancy or investment.; Medical/professional office space for lease, ranging from 3,100 to 15,000 SF.
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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
    476 Rolling Ridge Dr State College, PA 16801
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