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    206 Schuylkill Medical Plz Pottsville, PA 17901

    Sponsored
    For Sale
    $595,000

    5,700 SF Medical Office, Fully Leased

    Property size:
    5,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully leased 5,700 square foot medical office suite located at 206 Schuylkill Medical Plaza, Suite 206, Pottsville, PA 17901. Built in 2002, this property boasts a prime location and enjoys abundant natural light from numerous windows offering pleasant views. The current tenant is under a new five-year lease commencing June 1, 2022, with a built-in 2% annual rent increase. The suite comprises eleven exam rooms/private offices, a staff area, four half-bathrooms, a reception area, and a waiting area. The monthly rental rate averages approximately $6,600 over the five-year lease term, inclusive of CAM charges, interior cleaning, condo fees, and utilities. Tenant responsibilities include phone, cable, internet, tenant insurance (naming the landlord as additionally insured), and minor maintenance (e.g., light bulb replacement). The rental rate incorporates 12.99% of condo association fees, utilities, and real estate taxes. The building owner is responsible for the condo fees (currently $2,100.00) and real estate taxes (currently $8,349.00). This results in an approximate $33,549.00 offset against the blended annual rental rate of $79,200.00, yielding an approximate net income of $45,651.00 before capital expenses, translating to a cap rate exceeding 7.5%. This is a turnkey investment with a professional management company overseeing the property and tenant space. The asking price for this exceptional property is $595,000.

    Property Features for 206 Schuylkill Medical Plz

    General Information

    Property type
    Medical offices
    Square Feet
    5,700 SF

    Building Details

    Year Built
    2002

    HighLights

    • $595,000 asking price.
    • 5,700 square foot medical office space.
    • Located at 206 Schuylkill Medical Plaza, Suite 206, Pottsville, PA 17901.
    • Built in 2002.
    • Fully leased with a new 5‑year lease (commencing June 1, 2022) featuring 2% annual rent increases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottsville
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.189801
    Latitude
    40.6821399

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    FAQs

    What type of property is this?
    Medical office - 5,700 SF Medical Office, Fully Leased
    Where is this medical office located?
    The property is located at 206 Schuylkill Medical Plz Pottsville, PA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price.; 5,700 square foot medical office space.; Located at 206 Schuylkill Medical Plaza, Suite 206, Pottsville, PA 17901.
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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
    206 Schuylkill Medical Plz Pottsville, PA 17901
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