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Property profile & analytics
OFF-MARKET
Lifestyle centers

1912 River Rd North Apollo, PA 15613

Property ID
Property summary
AI-generated overview

Mid-Towne Plaza, located at 1912 River Rd, Apollo, PA 15613, presents a compelling investment opportunity in Armstrong County. This established shopping center comprises a 24,600 square foot strip center with six units, boasting 96% occupancy, and an additional 8,000 square foot outparcel. The property is offered at an asking price of $2,657,958 and generates a substantial net operating income (NOI) of $229,492, making it an attractive cash-flow investment. Situated in the heart of North Apollo, this retail center benefits from a strong tenant base and high occupancy rates, indicating a stable and profitable investment. The property's size and configuration offer flexibility for potential future development or expansion. The combination of a well-occupied main building and a sizable outparcel provides significant potential for increased revenue and return on investment. Detailed financial information is available upon request. This is a rare opportunity to acquire a thriving retail property in a desirable location. The property's strong performance and location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Property profile
Verified
Property type Lifestyle centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Salvation Army Thrift Store & Donation Center Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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