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    476 Rolling Ridge Dr State College, PA 16801

    For Lease
    $24 SF/Yr

    Class A Office Space Available

    Lot size:
    18,569 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class A office building, located at 476 Rolling Ridge Dr in State College, PA, 16801, offers a variety of options for potential buyers and tenants. The 46,000 square foot building sits on a 3.82-acre lot zoned Residential Office in Centre County, boasting stunning views of Mount Nittany and the surrounding landscape. The property features a three-story building with high-end finishes, including a striking exterior of brick, stone, split rock, and EIFS, complemented by a metal roof and professionally maintained landscaping. The interior common areas showcase automatic glass doors, tray ceilings, can lighting, granite, and ceramic tile. Multiple tenancy options exist, ranging from leasing individual spaces (3,178 - 14,560 square feet) to purchasing a vacant 14,560 square foot condo, an occupied condo as an investment, or acquiring the entire building. The building currently houses primarily medical tenants, but is suitable for a wide range of professional office users seeking to establish or expand their presence in the Centre Region. The spacious layout, abundant natural light, and prime location along the South Atherton corridor between State College and Boalsburg make this property an attractive investment opportunity. The first floor also offers access to a pleasant courtyard.

    Property Features for 476 Rolling Ridge Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,569 SF
    Class
    A

    Building Details

    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    1st Floor - 3,178 SF
    Size
    3,178 SF
    Rate per SF
    $24
    Space
    2nd Floor Condo
    Size
    15,391 SF
    Rate per SF
    $24

    HighLights

    • 46,000+ SF Class A office building for sale in State College, PA.
    • Office condominiums available for sale, offering occupancy or investment opportunities.
    • 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 near Routes 322 and I‑99, and downtown State College.
    Property Profile Insight Report 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 - Class A Office Space Available
    Where is this office property / space located?
    The property is located at 476 Rolling Ridge Dr State College, PA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    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 sale, offering occupancy or investment opportunities.; Medical/professional office space for lease, ranging from 3,100 to 15,000 SF.
    Request Owner's contact information
    476 Rolling Ridge Dr State College, PA 16801
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    State College, PA 16801
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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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