2014 Sandy Dr State College, PA 16803
Property Lookup
Property profile & analytics
2014 Sandy Dr State College, PA 16803
- Office buildings
- 1.66 lot acres
Property ID
US73-3286385
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.
Location Intelligence
Current Use by Public Records
- Advanced Dentistry of Centre County / Dental Office
- Brian Kwon / Dental Office
- Brian Chan Wook Kwon / Dental Office
- Dr. Kevin M. Conklin, DMD / Dental Office
- Berger Marvin DDS / Dental Office
Property Details for 2014 Sandy Dr
- Lot size
- 1.66 lot acres
- Property type
- Office buildings
- APN
- 24-433-,021-,0000-
- APU
- 244330210000
Description
This exceptional Class A medical office building, situated at 2014 Sandy Drive in State College, Pennsylvania's Science Park Commercial District, presents a compelling owner-user opportunity. The 9,202 square foot, single-story building, constructed in 2003, features two units currently configured as dental suites. One unit is occupied by Advanced Dentistry of Centre County under an absolute NNN lease extending to December 31, 2029, generating $9,893 in base rent plus approximately $3,444.23 in CAM charges (true-up at year-end). The tenant is credit-rated and responsible for 100% of directly metered utilities. The second unit is currently vacant but was previously leased by Advanced Dentistry. The building boasts ample parking for approximately 50 vehicles and two separate entrances for enhanced convenience. Both air conditioning units were replaced in 2023 and 2024, with the main unit upgraded to an energy-efficient heat pump. The property's current NOI is $97,007, with a pro-forma NOI of $173,127. The asking price is $3,200,000, representing a price per square foot of $347.75. The estimated annual CAM expenses range from $50,000 to $65,000, with the landlord responsible for 39.86% of shared CAM utilities. The PRD zoning provides flexibility for future use. This property offers significant potential for tax savings and cash flow, making it an ideal investment for owner-operators seeking a prime location in a thriving market. The building's strong tenant and lease terms, combined with its modern amenities and convenient location, make it a highly attractive investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,780,000
- ML approach
- $2,915,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- State College
- County
- Centre
- State
- Pennsylvania
- Longitude
- -77.9019
- Latitude
- 40.7851
- 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
$23,318
$49,800
$352,820
$402,620
-
$99,600
$705,640
$805,240
