Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    220 St Shamokin, PA 17872

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    220 St Shamokin, PA 17872

    View on Map
    • Commercial real estate
    • 4,667 SF
    • 0.07 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 220 St

    Lot size
    0.07 lot acres
    Property size
    4,667 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 220 Street E Independence in Shamokin, Pennsylvania, presents a unique investment opportunity. Boasting 4,667 square feet on a 0.07-acre lot, this building offers significant potential for a variety of commercial uses. Previously home to a long-standing local business, the property benefits from recent exterior painting and a 2011 roof installation. The first floor features gas hot air heating, installed in 2012. A convenient two-car garage is situated at the rear of the building, adding to its practicality. While the second and third floors require updating, they represent substantial growth potential for a savvy investor. Currently, heating and electric are disconnected on the upper floors. The city of Shamokin recently received a $2.5 million grant for the remodeling of Independence Street, further enhancing the property's desirability and future prospects. Priced competitively at $89,900, this property is an ideal opportunity to capitalize on the revitalization of downtown Shamokin. The building's solid foundation and recent improvements provide a strong base for future development and success. Don't miss this chance to own a piece of Shamokin's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shamokin
    County
    Northumberland
    State
    Pennsylvania
    Longitude
    -76.5574
    Latitude
    40.791

    Comparable in this City

    • Value Estimation by Request
      2,324 SF

      125 St

      Commercial real estate • 2,324 SF
      125 St, Shamokin, PA 17872
      View Details
    • Value Estimation by Request
      0.47 Acres

      Uppr Rd Rd

      COMMERCIAL (GENERAL) • 0.47 Acres
      Uppr Rd Rd, Shamokin, PA 17872
      View Details
    • Value Estimation by Request
      0.02 Acres

      Shamokin, PA 17872

      COMMERCIAL (GENERAL) • 0.02 Acres
      Shamokin, PA 17872
      View Details
    • Value Estimation by Request
      7.04 Acres

      2986 Uppr Rd

      COMMERCIAL (GENERAL) • 7.04 Acres
      2986 Uppr Rd, Shamokin, PA 17872-7830
      View Details
    • Value Estimation by Request
      3.26 Acres

      Shamokin, PA 17872

      COMMERCIAL (GENERAL) • 3.26 Acres
      Shamokin, PA 17872
      View Details
    • Value Estimation by Request

      20 3rd St

      COMMERCIAL (GENERAL)
      20 3rd St, Shamokin, PA 17872-5102
      View Details

    Similar Nearby for Sale

    • $54,900
      1,950 SF

      Shamokin Duplex Renovation Opportunity

      1,950 sq ft duplex in shell condition, ready for renovation.
      805-807 N 6Th St, Shamokin, PA 17872
      View Details
    • $550,000

      Multi-Story Brick Building in Shamokin

      Multi-story brick building suitable for medical or professional office.
      235 W Commerce St, Shamokin, PA 17872
      View Details
    • $550,000
      10,165 SF

      Multi-Story Building in Downtown Shamokin

      Multi-story building ideal for medical, professional, or administrative use.
      235 W Commerce St, Shamokin, PA 17872
      View Details
    • $729,900
      14,778 SF

      Shamokin Multifamily Investment Portfolio

      Portfolio of 12 properties with significant income potential.
      4685 Upper Rd, Shamokin, PA 17872
      View Details
    • Contact for pricing

      Multi-Story Brick Building For Sale

      Multi-story brick building suitable for medical or professional office.
      239 W Commerce St, Shamokin, PA 17872
      View Details
    • New
      $135,000

      Versatile Two-Unit Property in Shamokin

      Two-unit property with 4 bedrooms, ideal for owner-occupants or investors.
      45-47 S Market St, Shamokin, PA 17872
      View Details
    Request Owner's contact information
    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.
    220 St
    Shamokin, PA 17872
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!