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Property profile & analytics

1873 Old Rte 22 Duncansville, PA 16635-5709

  • Investment properties
  • 3,053 SF
  • 2.82 lot acres
OFF-MARKET
Last Sale
Feb 19, 2025
$495,000
Value Estimations
$535,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-4266159
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

  • Ralph J Albarano & Sons Inc / Construction Company

Property Details for 1873 Old Rte 22

Year built
1948
Lot size
2.82 lot acres
Property size
3,053 SF
Property type
Investment properties
Property subtype
Live-work space
APN
02.00-10..-023.00-000
APU
2001002300000

Description

This exceptional commercial property in Duncansville, Pennsylvania, presents a unique investment opportunity. Located at 1873 Old Route 22, the 6.95-acre parcel features four significant improvements: a two-story office building, a two-story metal storage warehouse, a metal and concrete block garage/workshop, and four one-story residential rental units. The office building boasts a foyer, reception desk, conference room, breakroom, two restrooms, several private offices, and a large workroom with storage on the main floor. A lower level includes a receptionist station, restroom, garage area, and mechanical room. Mini-splits provide air conditioning. Each of the four rental units comprises a living room, kitchen, two bedrooms, and a bathroom. These units currently generate rental income of $400 per month, plus electricity (which includes heat). Ample parking surrounds all buildings and residential units. The unimproved portion of the land is cleared and could be developed, subject to certain restrictions. The asking price for this multifaceted property is $599,000. Interior photos will be available after April 5th. This property offers a blend of commercial space and rental income potential, making it an attractive investment in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $525,000
    6.5%
    $485,000
    7%
    $450,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $693,000
    Market price range: $246k - $693k
    AI Estimate
    $738,000
    Market price range: $241k - $738k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Duncansville
County
Blair
State
Pennsylvania
Longitude
-78.4707
Latitude
40.4193
CBSA code
11020
CBSA name
ALTOONA, 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
$11,568
$72,300
$690,500
$762,800
-
$72,300
$690,500
$762,800
More about this property
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