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    Property profile & analytics

    1700 Old Gatesburg Rd State College, PA 16803-2276

    • Office buildings
    • 6.67 lot acres
    OFF-MARKET
    Value Estimation
    $14,830,000
    Last Sale
    Jul 15, 2024
    $15,100,000
    Location Intelligence
    Property ID
    US73-3666943
    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

    • Joy Mattern, PA-C / Family Practice Physician
    • Dr. Frank Guillard / Internist / Geriatrician
    • Dr. Jill Finke / Practitioner Service Location / Optometrist
    • Dr. Molly Wood / Optometrist / Practitioner Service Location
    • Thomas Tuyen, DO / Doctor

    Property Details for 1700 Old Gatesburg Rd

    Lot size
    6.67 lot acres
    Property type
    Office buildings
    APN
    24-004-,015H,0000-
    APU
    24004015H0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $15,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $15,730,000
      6.5%
      $13,890,000
      7%
      $15,135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,595,000
      Geo Method
      $14,280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $17,125,000
      Retail
      $13,020,000
      Mixed-Use
      $12,790,000
      Hospitality
      $12,870,000
      Educational
      $15,415,000
      Residential Income
      $13,490,000
      Energy
      $15,975,000
      Income-Based Land
      $12,775,000
      Food Service
      $13,715,000

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8863
    Latitude
    40.7821
    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
    $116,879
    $188,800
    $1,829,270
    $2,018,070
    -
    $377,600
    $3,658,540
    $4,036,140

    Comparable in this City

    • Value Estimation by Request

      330 Innovation Blvd

      OFFICE BUILDING
      330 Innovation Blvd, State College, PA 16803-6611
      View Details
    • Value Estimation by Request
      4.33 Acres

      1965 Waddle Rd

      OFFICE BUILDING • 4.33 Acres
      1965 Waddle Rd, State College, PA 16803-1639
      View Details
    • Value Estimation
      $1,455,000
      0.28 Acres

      2160 Sandy Dr Ste C

      OFFICE BUILDING • 0.28 Acres
      2160 Sandy Dr Ste C, State College, PA 16803-2205
      View Details
    • Value Estimation
      $1,510,000
      0.52 Acres

      2214 Atherton St

      OFFICE BUILDING • 0.52 Acres
      2214 Atherton St, State College, PA 16803-1544
      View Details
    • Value Estimation
      $255,000
      1,176 SF

      1363 Atherton St

      OFFICE BUILDING • 1,176 SF
      1363 Atherton St, State College, PA 16803-2932
      View Details
    • Value Estimation
      $300,000
      0.27 Acres

      1609 Atherton St

      OFFICE BUILDING • 0.27 Acres
      1609 Atherton St, State College, PA 16803-3055
      View Details

    Similar Nearby for Sale

    • $1,600,000

      State College Commercial Space For Sale

      Well-maintained commercial space with parking and easy access in State College.
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    • $3,200,000
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      State College Medical Office Building

      Class A medical office, owner-user opportunity.
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      Atherton Street Office Building

      Prime State College Office Space - Drive-Thru Available
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    • $2,890,000
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      Spacious Medical Office Investment Opportunity

      Large medical office with established tenant and additional vacant space.
      2014 Sandy Dr, State College, PA 16803
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    • Contact for pricing
      68,633 SF

      Retail Space Near Penn State

      68,633 SF retail space in State College, PA.
      Colonnade Blvd, State College, PA 16803
      View Details
    • $3,985,000
      15 SF

      Land with Approved Development Plan

      15.7 acres approved for residential and commercial development.
      High Tech Rd, State College, PA 16803
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,026 SF

      Class A Office Space Available

      7,026 SF office space for rent in State College.
      331 Innovation Blvd, State College, PA 16803
      View Details
    • $204 SF/Yr
      13,328 SF

      Grays Woods Office Space Available

      Prime Office Space near Geisinger
      1019 Ghaner Dr, State College, PA 16803
      View Details
    • $23 SF/Yr
      2,225 SF

      State College Office Suite A-3

      2,225 SF Office Space - Prime Location
      2505 Green Tech Dr, State College, PA 16803
      View Details
    • $23 SF/Yr
      16,300 SF

      Prime Centre County Office Space

      Class A Office, Flexible Suites, Ample Parking
      2121 Old Gatesburg Rd, State College, PA 16803
      View Details
    • $23 SF/Yr
      1,456 SF

      State College Medical Office Suite

      1,456 SF Medical Office, Single Tenant
      2505 Green Tech Dr, State College, PA 16803
      View Details
    • $23 SF/Yr
      6,217 SF

      State College Medical Office Space

      Prime Medical Office, 6,217 sq ft, I-99 access.
      2520 Green Tech Dr, State College, PA 16803
      View Details
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    1700 Old Gatesburg Rd
    State College, PA 16803-2276
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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