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Property profile & analytics
OFF-MARKET Estimated value $1,495,000
Office buildings

911 University Dr State College, PA 16801-6632

0.94 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-3800613
Property summary
AI-generated overview

This two-story, brick office building in State College, PA offers over 10,812 square feet of space on a 0.94-acre lot. Located on University Drive, it boasts high visibility and ample parking for 40 vehicles. Built in 1975, the property features electric heating and a kitchen on each floor. Its convenient location offers easy access to sidewalks, bus routes, and bicycle paths, situated in a charming neighborhood near other professional businesses and single-family homes. The property is zoned PO and presents a significant investment opportunity with its prime location and substantial space. The asking price reflects the building's size, location, and potential for various business uses. This property is an excellent choice for businesses seeking a prominent and accessible location in State College. The combination of ample parking, high visibility, and convenient location makes this a truly exceptional opportunity. The building's solid construction and established location contribute to its long-term value and potential for growth. This is a rare chance to acquire a well-maintained, established office building in a thriving Pennsylvania community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.94 ac (40,946 SF)
APN 36-019-,221-,0000-
UPID US73-3800613
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
  • AgIntegrated (Bike/Boat/Book/etc) Store Corporate Office
  • Dr. Upendra N. Thaker, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.56M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M
Owner & transaction history
911 University Drive LLC · 6 yrs held
911 University Drive LLC
since 2020
Last sale
$1.4M
1 recorded transaction
2020
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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