Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    857 W 3Rd St Williamsport, PA 17701
    Property profile & analytics

    857 W 3Rd St, Williamsport, PA 17701

    View on Map
    • Grocery and convenience stores
    • 1,506 SF
    • 0.34 lot acres
    For Sale
    $1,500,000
    View Listing →
    Williamsport Restaurant with Drive-Thru For Sale
    $1,500,000
    2,000 SF

    Williamsport Restaurant with Drive-Thru

    Fully equipped restaurant with drive-thru on high-visibility corner.

    857 W 3RD Street, Williamsport, PA 17701
    View Listing
    Property ID
    US73-3570013
    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

    • Grocery and convenience stores

    Property Details for 857 W 3Rd St

    Year built
    1972
    Lot size
    0.34 lot acres
    Zone code
    RES
    Property type
    Grocery and convenience stores
    APN
    65+,004.0-0239.00-000+
    APU
    650040023900000

    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
    -77.0195
    Latitude
    41.2374
    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
    $9,876
    $19,500
    $224,590
    $244,090
    -
    $19,500
    $224,590
    $244,090

    Comparable in this City

    • Value Estimation
      $865,000
      6,018 SF

      330 Westminster Dr

      GROCERY, SUPERMARKET
      330 Westminster Dr, Williamsport, PA 17701-3937
      View Details
    • Value Estimation by Request
      2,290 SF

      1431 High St

      GROCERY, SUPERMARKET
      1431 High St, Williamsport, PA 17701-1665
      View Details
    • Value Estimation by Request
      1,624 SF

      300 3rd St

      GROCERY, SUPERMARKET
      300 3rd St, Williamsport, PA 17701-6415
      View Details
    • Value Estimation by Request
      1,736 SF

      700 Wildwood Blvd

      GROCERY, SUPERMARKET
      700 Wildwood Blvd, Williamsport, PA 17701-1648
      View Details
    • Value Estimation
      $1,630,000
      46,481 SF

      1916 Lycoming Crk Rd

      GROCERY, SUPERMARKET
      1916 Lycoming Crk Rd, Williamsport, PA 17701-1205
      View Details
    • Value Estimation by Request
      1,280 SF

      2300 4th St

      GROCERY, SUPERMARKET
      2300 4th St, Williamsport, PA 17701-4229
      View Details

    Similar Nearby for Sale

    • $215,000

      Established Tax Business For Sale

      Successful tax business for sale with client list and equipment.
      1307 Washington Blvd, Williamsport, PA 17701
      View Details
    • Contact for pricing
      8,921 SF

      Restaurant, Bar and Retail Buildings

      Restaurant, bar, and retail buildings with ample parking for sale.
      503 Washington Blvd, Williamsport, PA 17701
      View Details
    • 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
      6,049 SF

      Prime Location Retail Opportunity

      Retail space in strategic location with high traffic volume.
      164 Maynard 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
    • Contact for pricing

      Prime Retail Location, Loyalsock Township

      Commercially zoned land in a prime retail location.
      20 Liberty Ln, Williamsport, PA 17701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,841 SF

      Corner Lot Brick Building

      Mixed-use property with retail suite and apartments in Williamsport, PA.
      849 Diamond St, Williamsport, PA 17701
      View Details
    • Contact for pricing
      43,124 SF

      Commercial Buildings with Ample Parking

      Two commercial buildings with over 48,000 sq ft and parking.
      227 Academy St, Williamsport, PA 17701
      View Details
    • Contact for pricing
      546,678 SF

      Turn-Key Office/Retail Space Available

      End-cap office/retail space in TJ Maxx plaza, Williamsport, PA.
      1770 E 3Rd St, Williamsport, PA 17701
      View Details
    • Contact for pricing
      5,012 SF

      Shopping Center Space Available

      Retail space in a well-positioned shopping center.
      1915 E 3Rd St, Williamsport, PA 17701
      View Details
    • Contact for pricing

      Retail Space in Shopping Center

      Retail spaces available in a busy shopping center.
      1734 E 3Rd St, Williamsport, PA 17701
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Available retail and office spaces for lease.
      1844 Lycoming Creek Rd, Williamsport, PA 17701
      View Details
    View Listing
    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.
    857 W 3Rd St
    Williamsport, PA 17701
    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
    857 W 3Rd St, 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!