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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3374 State St Edinburg, PA 16116

    • Bars
    • 1,150 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3208811
    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

    • F&EChmneyServices / Chimney Sweep
    • Tony's Lounge / Bar

    Property Details for 3374 State St

    Lot size
    1.86 lot acres
    Property size
    1,150 SF
    Zone code
    CONS
    Property type
    Bars
    Property subtype
    Pubs
    APN
    24-095500
    APU
    24095500

    Description

    This exceptional opportunity presents the chance to own a well-established bar in Edinburg, Pennsylvania. Located on a high-traffic road, the former Tony's Lounge enjoys excellent visibility and accessibility, ensuring a strong customer base. The sale includes a valuable and transferable liquor license, eliminating a significant hurdle for new bar owners. Adding to the property's appeal is a large, prominent billboard currently under lease. This billboard generates substantial supplemental income, approximately $42,000 every five years, providing a significant and consistent revenue stream beyond the bar's operations. The property sits on a generous 1.86-acre lot, offering ample space for potential expansion or outdoor seating. The building itself is ready for a new owner to put their own stamp on it, whether that involves maintaining the existing bar concept or transforming it into a completely new venture. This is a rare chance to acquire a turnkey business with established revenue streams and significant upside potential. The combination of a prime location, a valuable liquor license, and a lucrative billboard lease makes this a truly unique investment opportunity. Don't miss out on this chance to own a piece of Edinburg's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.4335
    Latitude
    41.0253
    CBSA code
    35260
    CBSA name
    NEW CASTLE, 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
    2023
    $1,627
    $16,300
    $39,300
    $55,600
    -
    $16,300
    $39,300
    $55,600

    Comparable in this City

    • Value Estimation by Request
      2,896 SF

      2552 Benjamin Franklin Hwy

      BAR, TAVERN • 2,896 SF
      2552 Benjamin Franklin Hwy, Edinburg, PA 16116-4302
      View Details
    • Value Estimation by Request
      2,464 SF

      5095 State St

      BAR, TAVERN • 2,464 SF
      5095 State St, Edinburg, PA 16116-1615
      View Details
    • Value Estimation by Request
      1,248 SF

      3149 Benjamin Franklin Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,248 SF
      3149 Benjamin Franklin Hwy, Edinburg, PA 16116-4711
      View Details
    • Value Estimation by Request
      1,176 SF

      3749 State St

      RETAIL STORES (PERSONAL SERVICES) • 1,176 SF
      3749 State St, Edinburg, PA 16116-1315
      View Details
    • Value Estimation by Request
      4,152 SF

      1520 Old Youngstown Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,152 SF
      1520 Old Youngstown Rd, Edinburg, PA 16116
      View Details
    • Value Estimation
      $610,000
      6,600 SF

      2844 State

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,600 SF
      2844 State, Edinburg, PA 16116
      View Details

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    3374 State St
    Edinburg, PA 16116
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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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