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2523 Route 115 Effort, PA 18330

Office buildings Google Maps
5,436 SF 5.66 ac lot Built 1902
Individually Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$185k
Range $167k – $204k (±10%)
Property ID US73-3437285

Property summary

AI-generated overview

This exceptional commercial property in Effort, PA, offers approximately 608 square feet of office space available for lease. Situated on a generous 5.66-acre lot, this property presents a versatile opportunity for businesses seeking a prominent location. The 608 square foot office space is ideal for a variety of uses, offering ample room for operations and potential expansion. The expansive acreage provides significant potential for future development or ample parking and outdoor space. The property's location on Route 115 ensures high visibility and easy accessibility for clients and employees. This is a rare opportunity to secure a well-positioned commercial space in a desirable area. Additional space may also be available, making this property suitable for businesses of various sizes and needs. The property is identified by reference number 2679. Interested parties are encouraged to inquire further to explore the possibilities and learn more about the available lease terms and conditions. This prime commercial real estate presents a unique chance to establish or expand your business in a thriving community. Don't miss this chance to secure your ideal workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1902
Construction FRAME
Total area 5,436 SF
Lot 5.66 ac (246,550 SF)
Zoning code VC
APN 02.8.1.50
UPID US73-3437285

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2022
4 recorded transactions
2022
$250,000
2013
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

VC · Effort, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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