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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
1200 College Ave State College, PA 16801-2824
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-3581191
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Lot
0.17 ac (7,405 SF)
APN
24-002A,106-,0000-
UPID
US73-3581191
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
-
Datres Kelli DC Alternative Medicine Practice
-
A Journey to You...LLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
B&d Real Estate Management LLC · 4 yrs held
B&d Real Estate Management LLC
since 2021
Last sale
$557,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs State College submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs State College submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$575,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $557k (Sep 23 2021)
Last sale anchor
$557k
Sep 23 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,896
Tax year 2024
Assessed value
$50,020
Assessed 2024
Previous assessed
$50,020
+0.0% YoY
Effective rate
5.79%
On assessed value
Assessed land
$10,875
Assessed improvement
$39,145
Land market value
$21,750
Improvement market value
$78,290
Total market value
$100,040
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,405 SF)
APN
24-002A,106-,0000-
UPID
US73-3581191
Jurisdiction
CENTRE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
B&d Real Estate Management LLC
Entity
Mailing address
1200 W COLLEGE AVE, STATE COLLEGE, PA 16801-2824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
—
B And D Real Estate Management LLC
—
Deed
related
$249,000 · Sedacog Local Development Corporation
Sep 23, 2021
$557,000
B&d Real Estate Management LLC
John M Corneal III
Deed
$303,500 · Arize FCU
Sep 23, 2021
—
B&d Rela Estate Managemwent LLC
—
Deed
related
$242,800 · Arize FCU
Jan 27, 2020
—
John M Corneal III
—
Deed
related
$175,000 · Penn State FCU
Jan 15, 2020
—
John M Corneal III
John M Corneal III
Intrafamily Transfer
related
—
Jun 25, 2010
$268,000
John M Corneal III
Sw2 Associates
Deed
$250,000 · First National Bank Of Pennsylvania
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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