1912 River Rd North Apollo, PA 15613
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.
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The Salvation Army Thrift Store & Donation Center Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.