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    Property profile & analytics

    2890 Pottsville Minersville Pottsville, PA 17901

    • Warehouses
    • 24,380 SF
    • 1.50 lot acres
    OFF-MARKET
    Last Sale
    Dec 31, 2020
    $2,381,150
    Value Estimations
    $2,505,000
    Show details
    Cap Rate Potential
    3.2%
    Warehouses
    Location Intelligence
    Property ID
    US73-5325071
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 2890 Pottsville Minersville

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.50 lot acres
    Property size
    24,380 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    03-03-0015.001
    APU
    3030015001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,635,000
      ML approach
      $2,415,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,627,000
      Market price range: $437k - $1.63M
      AI Estimate
      $2,718,000
      Market price range: $566k - $2.72M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,260,000
      RETAIL STORES
      $2,240,000
      COMMERCIAL (GENERAL)
      $1,845,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottsville
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.2544
    Latitude
    40.6838
    CBSA code
    39060
    CBSA name
    POTTSVILLE, PA MICROPOLITAN 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
    $48,603
    $64,200
    $650,345
    $714,545
    -
    $128,400
    $1,300,692
    $1,429,092

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      Line Ave

      MINI-WAREHOUSE, STORAGE • 1,500 SF
      Line Ave, Pottsville, PA 17901
      View Details
    • Value Estimation by Request
      14,624 SF

      Main St

      MINI-WAREHOUSE, STORAGE • 14,624 SF
      Main St, Pottsville, PA 17901
      View Details
    • Value Estimation by Request
      754 SF

      7 Spruce Ln

      MINI-WAREHOUSE, STORAGE • 754 SF
      7 Spruce Ln, Pottsville, PA 17901
      View Details
    • Value Estimation by Request
      864 SF

      Vly Rd

      MINI-WAREHOUSE, STORAGE • 864 SF
      Vly Rd, Pottsville, PA 17901
      View Details
    • Value Estimation by Request
      8,880 SF

      435 Ctr St

      MINI-WAREHOUSE, STORAGE • 8,880 SF
      435 Ctr St, Pottsville, PA 17901
      View Details
    • Value Estimation
      $655,000
      14,027 SF

      St At Water St Frnt

      MINI-WAREHOUSE, STORAGE • 14,027 SF
      St At Water St Frnt, Pottsville, PA 17901
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      142,015 SF

      Pottsville Warehouse - 142,015 SF

      Large industrial warehouse, ideal for distribution.
      210 Industrial Park Rd, Pottsville, PA 17901
      View Details
    • $625,000
      3.60 Acres

      Cressona Industrial Property - 3.6 Acres

      Prime 3.6-acre industrial land, Cressona, PA. Excellent investment opportunity.
      120 Gordon Nagle Trl, Cressona, PA 17901
      View Details
    • $275,000
      0.70 Acres

      Cressona Industrial Property - 0.7 Acres

      Prime Cressona industrial land, ready for development.
      134 Gordon Nagle Trl, Cressona, PA 17901
      View Details
    • $355,000
      3,000 SF

      Pottsville Medical Office Building

      Prime Pottsville Office Space, Leaseback Option
      100 Schuylkill Medical Plz, Pottsville, PA 17901
      View Details
    • Contact for pricing
      4.30 Acres

      Pottsville Office Space for Lease

      Flexible Office Suites, Prime Location
      1500 State Rte 61, Pottsville, PA 17901
      View Details
    • $350,000
      0.08 Acres

      Pottsville Multifamily Investment Opportunity

      Three-unit building, prime Pottsville location.
      701 Market St, Pottsville, PA 17901
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      100,000 SF

      Pottsville Warehouse Space for Lease

      100,000 SF Class A warehouse near I-81.
      50 Keystone Blvd, Pottsville, PA 17901
      View Details
    • Contact for pricing
      146,670 SF

      Pottsville Warehouse: 146,670 SF

      Large industrial warehouse, ideal for lease or sale.
      210 Industrial Park Rd, Pottsville, PA 17901
      View Details
    • $1.00 SF/Yr
      100,000 SF

      Pottstown Manufacturing/Warehouse Space Available

      Manufacturing/warehouse space available for lease in Pottstown.
      Pottsville, PA 17901
      View Details
    • Contact for pricing
      357,213 SF

      Pottsville Warehouse Space Available

      357,213 SF warehouse with 36' clear height for lease.
      25 Keystone Blvd E, Pottsville, PA 17901
      View Details
    • $1,100 /Mo
      47,480 SF

      POTTSVILLE Mixed-Use Commercial Property

      Spacious mixed-use property suitable for salon, office, or living.
      450 N Claude A Lord Blvd, Pottsville, PA 17901
      View Details
    • $1,600 /Mo
      10,890 SF

      Historic Pottsville Office Space Available

      Prime office spaces for lease in downtown Pottsville, PA.
      315 N Centre St, Pottsville, PA 17901
      View Details
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    2890 Pottsville Minersville
    Pottsville, PA 17901
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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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