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Property summary
This exceptional commercial property at 2123 E College Ave in State College, PA, offers a unique opportunity to acquire or lease office space. The property consists of two, single-story buildings totaling 5,000 square feet, situated on a 1.7-acre lot. Currently featuring a showroom space, the 1,250 square feet of vacant space is adaptable to various uses. Built in 2009 and renovated in 2018, the property boasts a modern, open floor plan with 9-foot ceilings and sleek finishes. The… convenient location along a high-traffic thoroughfare (over 22,000 vehicles daily) provides excellent visibility and accessibility, with easy access to Route 322. The property is zoned C1-Commercial General and features 56 total parking spaces. The building is a Class B property with multiple tenants. The condo association handles exterior maintenance, simplifying ownership. Utilities, trash, and janitorial services are the responsibility of the tenant. APN: 19-004A,017-,2123D. This is an ideal location for businesses seeking high visibility and convenient access to a substantial population center in the State College submarket of Centre County.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the State College market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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