801 Foresman St Williamsport, PA 17701
- Warehouses
- 28,130 SF
- 3.00 lot acres
Current Use by Public Records
- Carole Hochman Design / Interior Designer
Property Details for 801 Foresman St
- Year built
- 1970
- Lot size
- 3.00 lot acres
- Property size
- 28,130 SF
- Zone code
- IND
- Property type
- Warehouses
- APN
- 67+,017.0-0201.00-000+
- APU
- 670170020100000
Description
This exceptional 30,000-square-foot industrial warehouse, located at 801 Foresman Street in Williamsport, Pennsylvania, presents a compelling investment opportunity. The single-story, Class B building sits on a one-acre lot and boasts a 21-foot ceiling height (17 feet at the eaves), offering ample space for various distribution or manufacturing needs. Built in 1970, the property features two loading docks with two dock-high doors, providing efficient loading and unloading capabilities. The warehouse benefits from 97 surface parking spaces, ensuring convenient access for employees and clients. The interior includes approximately 500 square feet of air-conditioned office space. The building's column spacing is 50' x 24', and its dimensions are 100' x 290'. The property is fully occupied under a NNN lease, with occupancy continuing until March 11, 2024. Modern amenities include motion-controlled lighting, Class 3 sprinklers, and 1200-amp, 3-phase power. The property is served by public sewer and water and heated with natural gas. Its strategic location along the I-180 corridor provides easy access to Routes 15 and 220, placing it within 30 minutes of I-80 and offering convenient access to major metropolitan areas, including Harrisburg (88 miles), Binghamton (105 miles), Baltimore (167 miles), Philadelphia (188 miles), New York City (190 miles), Pittsburgh (195 miles), and Washington, D.C. (205 miles). The property is zoned Industrial-I and its APN is 67+,017.0-0201.00-000+.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $710,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $920,000
- 6.5%
- $900,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,030,000
- Geo Method
- $1,015,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $940,000
- Retail
- $865,000
- Mixed-Use
- $885,000
- Hospitality
- $775,000
- Educational
- $995,000
- Residential Income
- $955,000
- Energy
- $975,000
- Income-Based Land
- $890,000
- Food Service
- $1,020,000
Location Insight
- Map
- Local Demand
- City
- Williamsport
- County
- Lycoming
- State
- Pennsylvania
- Longitude
- -77.07
- Latitude
- 41.236
- CBSA code
- 48700
- CBSA name
- WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA
