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    2399 Old Trl Selinsgrove, PA 17870

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    2399 Old Trl Selinsgrove, PA 17870

    View on Map
    • Commercial real estate
    • 0.44 lot acres
    Off-Market
    Property ID
    US73-5107860
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2399 Old Trl

    Lot size
    0.44 lot acres
    Property type
    Commercial real estate
    APN
    12-11-329

    Description

    This exceptional 0.44-acre commercial land parcel, located at 2399 North Old Trail in Selinsgrove, Pennsylvania (APN 12-11-329), presents a compelling investment opportunity. Zoned Highway Commercial (HC), this property boasts a highly desirable location just one block from the heavily trafficked Route 11/15, offering excellent visibility at a signalized intersection. The strategic positioning ensures high exposure for any commercial development. The property's proximity to various national retailers in the immediate vicinity further enhances its appeal and potential for success. Currently, a leased residential unit is situated on the land, providing immediate income potential while development plans are finalized. This versatile parcel is suitable for a wide range of commercial uses, making it an ideal choice for entrepreneurs and investors seeking a prime location in a thriving area. The asking price is $190,000. Don't miss this chance to acquire a piece of prime commercial real estate in Selinsgrove, Pennsylvania, zip code 17870. The property's latitude and longitude coordinates are 40.837116, -76.830899 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Selinsgrove
    County
    Snyder
    State
    Pennsylvania
    Longitude
    -76.830899
    Latitude
    40.837116

    Comparable in this City

    • $5,300,000
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      Selinsgrove Commercial Property on Route

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      Selinsgrove Land with Utilities Ready

      2.34 acre building lot with electric and septic approval.
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    • $45,000
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      Residential Lots on Golf Course

      Five building lots on Susquehanna Valley Country Club golf course.
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    • $300,000
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      Selinsgrove Land for Residential Development

      8.75 acres for up to 26 residential units.
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    • $90,000
      Pending

      Residential Land in Selinsgrove

      1.53-acre lot in Selinsgrove School District with public utilities.
      506 Mill Rd, Selinsgrove, PA 17870
      View Details
    • Contact for pricing

      Prime Commercial Land Parcel

      7.88-acre commercial parcel ready for development near Routes 11 & 15.
      Roosevelt Ave, Selinsgrove, PA 17870
      View Details

    Similar Nearby for Sale

    • $5,300,000
      7.75 Acres

      Selinsgrove Commercial Property on Route

      Prime commercial land with high traffic and development potential.
      2380 N Susquehanna Trl, Selinsgrove, PA 17870
      View Details
    • $79,900
      2.34 Acres

      Selinsgrove Land with Utilities Ready

      2.34 acre building lot with electric and septic approval.
      387 Neitz Valley Rd, Selinsgrove, PA 17870
      View Details
    • $45,000
      0.64 Acres

      Residential Lots on Golf Course

      Five building lots on Susquehanna Valley Country Club golf course.
      68-72 Mill Rd, Selinsgrove, PA 17870
      View Details
    • $300,000
      8.75 Acres

      Selinsgrove Land for Residential Development

      8.75 acres for up to 26 residential units.
      4 Oakwood Grv, Selinsgrove, PA 17870
      View Details
    • $90,000
      Pending

      Residential Land in Selinsgrove

      1.53-acre lot in Selinsgrove School District with public utilities.
      506 Mill Rd, Selinsgrove, PA 17870
      View Details
    • Contact for pricing

      Prime Commercial Land Parcel

      7.88-acre commercial parcel ready for development near Routes 11 & 15.
      Roosevelt Ave, Selinsgrove, PA 17870
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr

      Selinsgrove Office Space with Storage

      Office space with outdoor storage available for lease in Selinsgrove.
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    • Contact for pricing

      Retail Space Available in Selinsgrove

      3,310 SF retail space in vanilla shell condition available for rent.
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    • $16 SF/Yr

      Prime Retail and Medical Space

      High-visibility retail and medical office space available for lease.
      1597 North Susquehanna Trl, Selinsgrove, PA 17870
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    • $600 /Mo

      Garden Level Office Space

      Charming office space in Selinsgrove, near Susquehanna University.
      28 N Market St, Selinsgrove, PA 17870
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    • $4 SF/Yr

      Selinsgrove Warehouse with Hoist System

      50,000 SF warehouse with convenient access to major routes.
      115 Airport Rd, Selinsgrove, PA 17870
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    • Contact for pricing
      1,600 SF

      Retail Space in Monroe Marketplace

      Retail space available in a high-traffic shopping center.
      330 Marketplace Blvd, Selinsgrove, PA 17870
      View Details
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    Selinsgrove, PA 17870
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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