Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2819 Grimes Ln Williamsport, PA 17701-9008
    Property profile & analytics

    2819 Grimes Ln Williamsport, PA 17701-9008

    View on Map
    • Investment properties
    • 2,352 SF
    • 1.15 lot acres
    Off-Market
    Property ID
    US73-2977442
    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

    • Investment properties

    Property Details for 2819 Grimes Ln

    Year built
    1995
    Construction
    MANUFACTURED
    Lot size
    1.15 lot acres
    Property size
    2,352 SF
    Zone code
    AG
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    26+,329.0-0187.C+-000+
    APU
    2632900187C000

    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
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -77.0603
    Latitude
    41.2777
    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
    $3,376
    $30,750
    $120,280
    $151,030
    -
    $30,750
    $120,280
    $151,030

    Comparable in this City

    • Value Estimation by Request
      1,876 SF

      1050 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,876 SF
      1050 High St, Williamsport, PA 17701-4659
      View Details
    • Value Estimation by Request
      1,837 SF

      2010 Newberry St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,837 SF
      2010 Newberry St, Williamsport, PA 17701-1354
      View Details
    • Value Estimation by Request
      2,201 SF

      801 Pennsylvania Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,201 SF
      801 Pennsylvania Ave, Williamsport, PA 17701-3718
      View Details
    • Value Estimation by Request
      1,478 SF

      816 Faxon Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,478 SF
      816 Faxon Pkwy, Williamsport, PA 17701-3704
      View Details
    • Value Estimation by Request
      858 SF

      254 Russell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 858 SF
      254 Russell Ave, Williamsport, PA 17701-3824
      View Details
    • Value Estimation by Request
      1,656 SF

      1032 Washington Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,656 SF
      1032 Washington Blvd, Williamsport, PA 17701-3634
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,818 SF

      Corner Lot Brick Building

      Mixed-use property with retail space and two apartments.
      849 Diamond St, Williamsport, PA 17701
      View Details
    • Contact for pricing

      Two-Story Mixed-Use Building For Sale

      Two-story, 5100 SF mixed-use building with private parking.
      1743 Dewey Ave, Williamsport, PA 17701
      View Details
    • $325,000

      Mixed-Use Commercial Property in Williamsport

      Mixed-use commercial property with multi-unit income potential in Williamsport.
      906 Penn St, Williamsport, PA 17701
      View Details
    • $395,000
      5,000 SF

      Corner Lot Brick Building

      5,000 sq ft retail suite with two apartments.
      849 Diamond St, Williamsport, PA 17701
      View Details
    • $1,100,000

      Prime Corner Lot for Development

      1.3-acre corner lot near beltway, Lycoming College, and downtown.
      410 East 3Rd St, Williamsport, PA 17701
      View Details
    • Contact for pricing
      6,049 SF

      Prime Location Retail Opportunity

      Retail space in strategic location with high traffic volume.
      164 Maynard St, Williamsport, PA 17701
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      7,841 SF

      Mixed-Use Building in Newberry

      Corner-lot building with retail, warehouse, and apartments for lease.
      849 Diamond St, Williamsport, PA 17701
      View Details
    • $1.00 SF/Yr
      51,401 SF

      Mixed-Use Space in Williamsport, PA

      Retail, office, and warehouse spaces available in a prime location.
      535 E 3Rd St, Williamsport, PA 17701
      View Details
    • Contact for pricing

      Prime Corner Lot For Lease

      Redevelopment opportunity on a prime corner lot in Williamsport.
      3rd St & Washington Blvd, Williamsport, PA 17701
      View Details
    • $14 SF/Yr
      32,234 SF

      Downtown Williamsport Office Suites Available

      Professional office suites for lease in downtown Williamsport.
      49 E 4Th St, Williamsport, PA 17701
      View Details
    • $1.00 SF/Yr
      480,467 SF

      Versatile Warehouse Space in Williamsport

      240,000+ SF warehouse on 11+ acres with highway access.
      1501 W 3Rd St, Williamsport, PA 17701
      View Details
    • $18 SF/Yr
      43,560 SF

      Williamsport Professional Office Suite

      Professionally finished office space in high-visibility Williamsport location.
      201 Basin St, Williamsport, PA 17701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2819 Grimes Ln
    Williamsport, PA 17701-9008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2819 Grimes Ln, Williamsport, PA, 17701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!