Financial
Distress signals
Property profile

1908 5Th St Altoona, PA 16601

FOR SALE
Investment properties
Property ID
US73-4846512
0.07 ac lot
Last sale Aug 2020
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional opportunity presents a well-established bar and restaurant located at 1908 5th Street in Altoona, Pennsylvania, 16601. Priced at $350,000, this turnkey operation includes the building and the thriving business, offering immediate income potential. Mike's Court Sports Bar is a beloved neighborhood establishment, boasting a valuable beer license, ample indoor and outdoor seating areas, and lucrative skill games of chance. A significant advantage is the inclusion of a spacious

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$83k
Assessed land$6k
Assessed improvement$77k
Effective rate1.69%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 7.96% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$68 – $479

Cap rate analysis

How does the asset earn?
7.96%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.3
Spa & Massage13.8
Hair Salon12.2

Location

1908 5Th St Altoona, PA 16601
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1301 12th, Altoona, PA 16601-3307 $1,300,000 Feb 2026 No data
1200 11th, Altoona, PA 16601-3416 $330,000 Dec 2025 No data
814 Grn, Altoona, PA 16601-4724 $80,000 Dec 2025 No data
1211 11th, Altoona, PA 16601-4602 $1,500,000 Sep 2025 No data
1224 13th, Altoona, PA 16601-3434 $201,000 Sep 2025 316 SF
1417 11th, Altoona, PA 16601-3303 $692,274 Jul 2025 100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message