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Property profile & analytics
FOR LEASE
Community centers
1734 E 3Rd St Williamsport, PA 17701
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-4035888
For Lease
1 / 8
$20 SF/Yr
1734 E 3Rd St, Williamsport, PA 17701
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Property summary
AI-generated overview
This exceptional 5,950-square-foot warehouse, located at 1734 E 3rd St in Williamsport, Pennsylvania, presents a significant opportunity. Situated on a substantial 12.55-acre lot, this single-tenant property offers ample space for various industrial or retail uses. Built in 1964, the one-story building boasts 100 parking spaces, ensuring convenient access for employees and customers. The property features 400-799 amps of power, providing sufficient capacity for most operational needs. Its convenient location within the TJ Maxx plaza, accessible from E. 3rd St, places it amidst a thriving commercial area surrounded by national retailers, restaurants, and other businesses. The property is zoned commercial and has a Lycoming County APN of 26-010-123. The entire 5,950 square feet is currently vacant, offering immediate occupancy. This property is ideal for businesses seeking a large footprint in a high-traffic location within Williamsport. The zip code is 17701.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1964
Total area
46,711 SF
Lot
12.55 ac (546,678 SF)
Zoning code
COMM
APN
26+,010.0-0123.00-000+
UPID
US73-4035888
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
-
Brandon & Sons Cooling Professionals Hardware & Home Improvement HVAC Service
-
T.J. Maxx & HomeGoods Department Store
-
New Summer nails Nail Salon
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Carol Johnson · 20 yrs held
Carol Johnson
since 2005
3 recorded transactions
Zoning & alternative use
COMM · Williamsport, PA
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 Williamsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsport 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,890,000
Change: 0% · Conversion: Easy
RESTAURANT
$5,595,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$5,130,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,110,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$5,060,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$5,060,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,005,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.00M
Range $4.50M – $5.49M · ±10%
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
$107 / SF
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
$153,357
Tax year 2024
Assessed value
$6,861,630
Assessed 2024
Previous assessed
$6,861,630
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,255,000
Assessed improvement
$5,606,630
Land market value
$1,255,000
Improvement market value
$5,606,630
Total market value
$6,861,630
Applied tax rate
26.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1964
Heating
NONE
Total area
46,711 SF
Lot
12.55 ac (546,678 SF)
Zoning code
COMM
APN
26+,010.0-0123.00-000+
UPID
US73-4035888
Jurisdiction
LYCOMING
Zoning & alternative use
COMM · Williamsport, PA
Zoning COMM · permitted uses
COMM · Williamsport, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.9M
RESTAURANT
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
OFFICE BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.0M
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Lot
12.55 ac
Current owner
From public records · entity-resolved
Carol Johnson
Individual
Free & Clear · 20 yrs held
Mailing address
24 W RAILROAD AVE, TENAFLY, NJ 07670-1752
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2020
—
Dean Carson Wmspt Lllp
—
Deed
related
$3,500,000 · Univest Bank & Trust Co
Sep 12, 2005
—
Carol Johnson
Carol Johnson
Intrafamily Transfer
related
—
Jun 9, 2005
—
Harry Dean
Lemain Associates
Intrafamily Transfer
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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