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Property profile & analytics
OFF-MARKET
Estimated value
$3,510,000
Commercial land
835 1st St Williamsport, PA 17701-5865
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-3717813
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1968
Total area
21,152 SF
Lot
3.55 ac (154,638 SF)
Zoning code
COMM
APN
65+,008.0-0300.00-000+
UPID
US73-3717813
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Chick-fil-A Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.38M
CAP Approach
CAP
$3.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.51M
Owner & transaction history
Famvest 835 Mc LLC · 1 yrs held
Famvest 835 Mc LLC
since 2025
Last sale
$3.8M
4 recorded transactions
Zoning & alternative use
COMM · Williamsport, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.8M
+5.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Williamsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,290,000
ML approach
$3,375,000
CAP Approach
CAP Return
Estimation
6%
$3,570,000
6.5%
$3,295,000
7%
$3,060,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,680,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,830,000
Change: +6% · Conversion: Moderate
OFFICE BUILDING
$2,345,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$3.51M
Range $3.16M – $3.86M · ±10% · vs last sale $3.80M (Feb 28 2025)
Last sale anchor
$3.80M
Feb 28 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,518
Tax year 2024
Assessed value
$408,250
Assessed 2024
Previous assessed
$408,250
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$408,250
Land market value
$408,250
Total market value
$408,250
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1968
Heating
NONE
Total area
21,152 SF
Lot
3.55 ac (154,638 SF)
Zoning code
COMM
APN
65+,008.0-0300.00-000+
UPID
US73-3717813
Jurisdiction
LYCOMING
Zoning & alternative use
COMM · Williamsport, PA
Zoning COMM · permitted uses
COMM · Williamsport, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Lot
3.55 ac
Current owner
From public records · entity-resolved
Famvest 835 Mc LLC
Entity
Mailing address
120 W CHERRY LN, STATE COLLEGE, PA 16803-2935
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
$110,976
Famvest 835 Mc LLC
Famvest Xviii 835 LLC
Deed
—
Feb 28, 2025
—
Famvest Xviii 835 LLC
Famvest Xviii 835 LLC
Deed
related
—
Dec 16, 2022
$3,800,000
Famvest Xviii 835 LLC
Wirerope Works Realty LLC
Deed
$2,210,000 · Old Dominion National Bank
Jul 16, 2007
$15,000,000
Wirerope Works Realty LLC
Bulkmatic Trasport Co
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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