227 Academy St Williamsport, PA 17701
Property profile & analytics
227 Academy St Williamsport, PA 17701
- Office buildings
- 8,928 SF
- 0.99 lot acres
Property ID
US73-3819691
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
- KBF Print Technology / Marketing & Advertising / Printing Service
- Skills of Central PA, Inc. / Crisis Center / Medical Clinic
Property Details for 227 Academy St
- Year built
- 1980
- Lot size
- 0.99 lot acres
- Property size
- 8,928 SF
- Zone code
- COMM
- Property type
- Office buildings
- APN
- 62+,003.0-0700.00-000+
- APU
- 620030070000000
Description
This exceptional 37,000 square foot executive office building, located at 227 Academy Street in Williamsport, Pennsylvania, presents a unique investment opportunity. Built in 1980, this two-story structure sits on a 0.99-acre lot in the Central Business District (CBD), offering convenient access to major roadways. The property boasts ample parking with 148 spaces, a significant advantage for employees and clients. Currently, the entire 37,000 square feet is vacant, providing flexibility for a single large tenant or the possibility of subdividing the space to accommodate multiple occupants. The building's prime location across from a Starbucks further enhances its appeal and visibility. Its zoning designation as CBD reflects its suitability for a variety of commercial uses, including office, retail, or medical practices. The building's attractive design and convenient location make it an ideal space for businesses seeking a prominent presence in Williamsport's thriving commercial center. Serious inquiries are encouraged to explore the potential of this substantial property. The property features a single tenancy and is situated near the intersection of Basin Street and Academy Street.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,830,000
- 6.5%
- $1,690,000
- 7%
- $1,570,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,453,000
- AI Estimate
- $1,421,000
Market price range: $610k - $1.61MMarket price range: $547k - $1.46M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $990,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,195,000 Change: +21% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,130,000 Change: +14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Williamsport
- County
- Lycoming
- State
- Pennsylvania
- Longitude
- -76.9976
- Latitude
- 41.2416
- CBSA code
- 48700
- CBSA name
- WILLIAMSPORT, 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
$44,268
$86,530
$1,007,580
$1,094,110
-
$86,530
$1,007,580
$1,094,110
