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Property profile & analytics

1536 Atherton St State College, PA 16803-3041

  • Retail space
  • 1.74 lot acres
OFF-MARKET
Value Estimation
$3,585,000
Last Sale
Jan 22, 2021
$3,850,000
Location Intelligence
Property ID
US73-3568652
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rite Aid Pharmacy / Pharmacy
  • Gerard M. Powell, RPH / Pharmacy
  • David Cantu, RPh / Pharmacy
  • Rite Aid / Drug Store / Beauty Supply Store
  • Western Union / Money Transfer Service

Property Details for 1536 Atherton St

Lot size
1.74 lot acres
Property type
Retail space
APN
24-010-,006-,0000-
APU
240100060000

Description

This single-tenant, 10,240-square-foot building presents a unique investment opportunity in State College, Pennsylvania. Located at 1536 N Atherton St, this Class B property boasts excellent visibility and accessibility, situated on a signalized corner with convenient entrances from both Aaron Drive and North Atherton Street. The property includes a drive-through area, adding to its versatility and appeal. Built in 1999, the one-story building sits on a 1.74-acre lot and offers ample parking with 55 spaces. Currently vacant, this property is zoned for General Commercial use, allowing for a variety of potential uses including retail, traditional office, or medical office space. The property's location on the North Atherton corridor benefits from high traffic volume, further enhanced by the proposed construction of a Wawa convenience store directly across the street. The property features no elevators. The APN is 24-010-,006-,0000- in Centre County. This is an exceptional opportunity to acquire a well-positioned property with significant potential for growth and return on investment. The building's single-tenant occupancy simplifies management and leasing. The property's size and features make it suitable for a variety of businesses seeking a prominent location in a thriving community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $3,370,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,115,000
    6.5%
    $3,730,000
    7%
    $3,695,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,615,000
    Geo Method
    $3,985,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,365,000
    Retail
    $3,505,000
    Mixed-Use
    $3,300,000
    Hospitality
    $3,440,000
    Educational
    $3,415,000
    Residential Income
    $4,295,000
    Energy
    $4,155,000
    Income-Based Land
    $3,380,000
    Food Service
    $3,915,000

Location Insight

  • Map
  • Local Demand
City
State College
County
Centre
State
Pennsylvania
Longitude
-77.8916
Latitude
40.8066
CBSA code
44300
CBSA name
STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$33,392
$187,000
$389,570
$576,570
-
$374,000
$779,140
$1,153,140
More about this property
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