Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Columbia Blvd Bloomsburg, PA 17815

    Sponsored
    For Sale
    $2,295,000

    Highway Commercial zoned land; high visibility location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    407
    This exceptional 23-acre commercial land parcel presents a significant investment opportunity in Bloomsburg, Pennsylvania. Strategically located on Columbia Boulevard, this property boasts high visibility due to its frontage on a busy highway. The zoning designation is Highway Commercial, opening doors to a wide array of potential uses. The property's boundaries extend to Route 11/Columbia Blvd and 5th Street Hollow, providing excellent access and exposure. The lot size is approximately 23 acres, offering ample space for development. Ideal for various commercial ventures, including retail, food and beverage establishments, grocery stores, automotive businesses, warehousing, or light industrial uses. The property's Assessed Parcel Number (APN) is 31-0302206. While the asking price for the entire 23 acres is $2,295,000, prospective buyers should verify permitted uses with the relevant authorities to ensure alignment with their business plans. This prime location in Bloomsburg, within Columbia County, and its convenient access make it an attractive proposition for investors seeking a substantial commercial land holding in a thriving area. The zip code is 17815.

    Property Features for 0 Columbia Blvd

    General Information

    Property type
    Land
    Lot Size
    1,001,880 SF

    We can help!

    Listing Contact
    Tom Troccoli
    Tom Troccoli

    Learn more

    Property Insight Report

    HighLights

    • $2,295,000 asking price
    • 23‑acre commercial land parcel
    • Highway Commercial zoning
    • Located on Columbia Blvd, Bloomsburg, PA
    • APN: 31‑0302206
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomsburg
    County
    Columbia
    State
    Pennsylvania
    Longitude
    -76.3702309
    Latitude
    41.023436

    Nearby Similar for Sale

    • $299,500
      2,400 SF

      Bloomsburg Duplex Near College Campus

      Two-unit duplex near Bloomsburg College, ideal investment opportunity.
      315 E 3Rd St, Bloomsburg, PA 17815
      View Details
    • $795,000
      6,500 SF

      Retail Building Near Bloomsburg University

      6,500 SF retail building with high visibility and parking.
      519 East St, Bloomsburg, PA 17815
      View Details
    • $1,524,409
      2,200 SF

      Freestanding Starbucks in Bloomsburg, PA

      Single tenant Starbucks with minimal landlord responsibilities in Bloomsburg, PA.
      275 Columbia Mall Dr, Bloomsburg, PA 17815
      View Details
    • $1,000,000
      6,060 SF

      Bloomsburg Commercial Garage - High Traffic

      Established Business, High-Profit Potential, Prime Location
      765 Boulevard Rd, Bloomsburg, PA 17815
      View Details
    • $1,900,000

      Bloomsburg Custom Home Builder Business

      Profitable, Established Homebuilding Company in Bloomsburg, PA
      123 Ln, Bloomsburg, PA 17815
      View Details
    • $329,000
      6,936 SF

      Bloomsburg Commercial Building - High Traffic!

      Prime Retail Space, High Visibility, Route 11.
      3491 Boulevard Rd, Bloomsburg, PA 17815
      View Details
    • $425,000
      5,281 SF

      Downtown Bloomsburg Commercial Gem

      Three-story building, prime location, strong rental income.
      St, Bloomsburg, PA 17815
      View Details
    • $599,900
      5,480 SF

      Bloomsburg Commercial Building - High Visibility

      Prime location, versatile space, high-traffic area.
      680 St, Bloomsburg, PA 17815
      View Details
    • $399,000
      9,489 SF

      Bloomsburg Commercial Building - Route 11

      Versatile Commercial Space, High Traffic Area
      St, Bloomsburg, PA 17815
      View Details
    • $1,500,000
      258,419 SF

      Bloomsburg Landmark Commercial Property

      Massive space, endless potential, prime location.
      480 5Th St, Bloomsburg, PA 17815
      View Details
    • $2,458,320
      26,000 SF

      Bloomsburg Ollie's Retail Condo

      High-return, Net Lease Storefront in PA
      225 Columbia Mall Dr, Bloomsburg, PA 17815
      View Details
    • $4,200,000
      23,678 SF

      Bloomsburg Retail Center Investment

      High-yield, multi-tenant retail center.
      11001 Scott Town Ctr, Bloomsburg, PA 17815
      View Details

    FAQs

    What type of property is this?
    Land - Highway Commercial zoned land; high visibility location.
    Where is this land located?
    The property is located at Columbia Blvd Bloomsburg, PA.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: $2,295,000 asking price; 23-acre commercial land parcel; Highway Commercial zoning
    Request Owner's contact information
    Columbia Blvd Bloomsburg, PA 17815
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Columbia Blvd
    Bloomsburg, PA 17815
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Columbia Blvd Bloomsburg, PA 17815
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom Troccoli
    Tom Troccoli
    Real Estate License ID: PA RS167691L
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.