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    1873 Old Rte 22 Duncansville, PA 16635-5709
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    Property profile & analytics

    1873 Old Rte 22, Duncansville, PA 16635-5709

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    • Investment properties
    • 3,053 SF
    • 2.82 lot acres
    Off-Market
    Last Sale Feb 19, 2025
    $495,000
    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.

    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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 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 estimation — 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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