Property summary
The Parkway Office Center, a well-maintained 8,600 square foot office building constructed in 1964, presents a unique investment opportunity in State College, Pennsylvania. Located at 253 Easterly Parkway, this multi-tenant property offers flexible space options, with a minimum divisible unit of 1,700 square feet. The building caters to a variety of office needs, including medical, executive, and traditional office uses. Its convenient location offers unparalleled access to amenities. … Situated within the State College Borough, the property is conveniently located near an elementary school, public transportation, bike paths, sidewalks, and the vibrant downtown area. Furthermore, its proximity to Penn State University (less than a mile) and shopping centers (half a mile) ensures high visibility and accessibility. Landlord-provided utilities and building maintenance significantly reduce operational costs for tenants, focusing their attention on core business operations. This exceptional location, combined with the building's versatile layout and cost-effective operation, makes the Parkway Office Center an attractive option for businesses seeking a strategic and supportive environment in State College. The property's zip code is 16801.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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