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Property profile

801 Foresman St Williamsport, PA 17701

FOR SALE
Warehouses
Property ID
US73-3576170
28,130 SF 3 ac lot Built 1970
Individually Owned 4-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional 30,000-square-foot industrial warehouse, located at 801 Foresman Street in Williamsport, Pennsylvania, presents a compelling investment opportunity. The single-story, Class B building sits on a one-acre lot and boasts a 21-foot ceiling height (17 feet at the eaves), offering ample space for various distribution or manufacturing needs. Built in 1970, the property features two loading docks with two dock-high doors, providing efficient loading and unloading capabilities. The warehouse benefits from 97 surface parking spaces, ensuring convenient access for employees and clients. The interior includes approximately 500 square feet of air-conditioned office space. The building's column spacing is 50' x 24', and its dimensions are 100' x 290'. The property is fully occupied under a NNN lease, with occupancy continuing until March 11, 2024. Modern amenities include motion-controlled lighting, Class 3 sprinklers, and 1200-amp, 3-phase power. The property is served by public sewer and water and heated with natural gas. Its strategic location along the I-180 corridor provides easy access to Routes 15 and 220, placing it within 30 minutes of I-80 and offering convenient access to major metropolitan areas, including Harrisburg (88 miles), Binghamton (105 miles), Baltimore (167 miles), Philadelphia (188 miles), New York City (190 miles), Pittsburgh (195 miles), and Washington, D.C. (205 miles). The property is zoned Industrial-I and its APN is 67+,017.0-0201.00-000+.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 28,130 SF
Lot 3 ac (130,680 SF)
Zoning code IND
APN 67+,017.0-0201.00-000+
UPID US73-3576170

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Interior Design Home Decor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$894k
Blend (final) Blend
$710k

Owner & transaction history

since 2022
Last sale
$955,000
2 recorded transactions
2022
$750,000
2022
$955,000

Zoning & alternative use

IND · Williamsport, 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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