1601 Sycamore RdMontoursville, PA 17754

  • Office properties
  • 5,888 SF
For Sale
$1,290,000 View listing

Property Details for 1601 Sycamore Rd

Year built
1976
Lot size
1.52 AC
Property size (Sq ft)
5,888 SF
Zone code
COMM
Property type
Office properties
Property subtype
Office buildings
APN
26+,027.0-0163.00-000+
APU
260270016300000

Description

This exceptional two-story office building, situated on a desirable 1.52-acre lot in Montoursville, Pennsylvania, presents a unique investment opportunity. Boasting 10,000 square feet of well-maintained office space, the property offers a beautiful setting and ample off-street parking for employees and visitors. A key advantage is the presence of a single, long-term tenant, providing immediate and consistent rental income. The building is equipped with an elevator, enhancing accessibility and convenience. The property's location in Loyalsock Township ensures easy access to major roadways and local amenities. Detailed financial information regarding the current lease and income projections will be provided to qualified buyers upon the signing of a non-disclosure agreement. This is a rare opportunity to acquire a stable, income-generating commercial property in a highly sought-after location. The building's size, amenities, and tenant history make it an attractive investment for both seasoned and emerging commercial real estate investors. Serious inquiries are encouraged to contact the listing agent for further details and to schedule a viewing. Don't miss this chance to own a prime piece of Montoursville commercial real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $950,813
    6.5%
    $877,674
    7%
    $814,983
  • Comparable approach

    Method
    Valuation
    Relative Method
    $537,917
    Geo Method
    $370,414
  • Alternative Use

    Use
    Valuation
    Residential
    $1,088,316
    Hospitality
    $996,891
    Educational
    $829,402
    Medical
    $857,926
    Retail
    $1,290,181
1601 Sycamore Rd, Montoursville, Pennsylvania

Location Insight

City
Montoursville
County
Lycoming
State
Pennsylvania
Latitude
41.2608
Longitude
-76.9506
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
$10,706
$62,080
$416,930
$479,010
-
$62,080
$416,930
$479,010

FAQs

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