Views
Address
1102 Ag Center Drive - Portfolio Pottsville, PA
Price
$ 2,500,000
Property Attributes
  • MLS#PASK133724
  • TypeCommercial
  • CountySCHUYLKILL
  • CityPottsville
  • AreaNorth Manheim Twp
  • NeighborhoodSEIDERS HILL
  • Zip17901
  • StyleApartment Building,Flex,Pad Site,Mobile Home Park
  • Year Built1995
  • Taxes$ 16288
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7318080
  • Lot Size138 Acres
Listing Provided Courtesy Of:
Keller Williams Real Estate -Exton
Data Source:
Bright MLS
Property Description

138-acre Portfolio of 5 properties including a 10,000 square foot commercial building with Federal and State County tenants: PA Conservation, Penn State University, USDA Federal Agriculture Center, Nature Resource Center. Investment Grade Tenants with five years left on lease. Lease Net Operating Revenue is approximately $110,000 with building appraised at $1,250,000. Cap Rate 8.8% $125/SFT price for building $2,500,000 for the entire portfolio totaling 138+/- acres. Property portfolio is adjacent to a 75,000 square foot Luther Ridge Assisted Living Facility and the new 40 bed Nursing Home that was just constructed and began operating in July 2020, and a 22,000 square foot medical facility owned by Lehigh Hospital OB/GYN facility. Due to the county's statistically growing population and aging population, there is a shortage of/need for retirement housing and apartments. Strategic development opportunity for professional real estate investor. In addition to the 10,000 SFT building on 2.66 acres, portfolio includes: 1. 80-Acre Site Prime for Development of Retirement Village. Site is adjacent to operational skilled nursing home and assisted living facilities. The front 2 acres are zoned commercial along the highway and the balance of 78 acres is zoned residential. Water, sewer, and gas line connections are 50 ft away to connect. $395,000 2. 4.6-Acre Commercial/Medical Zoned Sites Prime for Development. This site has three 1.5-acre lots zoned commercial/medical with recorded and approved subdivision plans. These three lots are improved with public water, public sewer, natural gas, storm water plan and sed basin for storm water. Lots are ready for development, requiring only building application and tenants. $597,000 for 3 lots purchased together or 2(a), 2(b), and 2(c) - $224,900 each 3. Phase 3 (25 acres) now available for residential development of 31 flat lots for single family plus potential 14 duplexes, next to 64 existing home development. The 64 existing homes are in Phase 1 and Phase 2, adjacent to Phase 3. Estimated lot development based on preliminary plan. Public water, public sewer, natural gas available. $325,000 4. 23-acre site primed for development of 200+ apartment complex and townhomes. Public water, public sewer, natural gas available. Zoned for apartments. Land requires final engineering. Apartment complex could be a feeder to the existing assistant living facility. Please verify all information with county and state. All documents and plans available upon request.

Price History
12/18/2020 Listed $2,500,000

General Features

Acceptable Financing Cash, Conventional, Negotiable
Accessibility Accessible Switches/Outlets, Level Entry - Main
Business Type Apartment Building, Flex, Pad Site, Mobile Home Park, Professional, Parking Lot, Parking Garage, Other
Construction Materials Other
Cool Fuel Electric
Cooling Heat Pump(s)
County SCHUYLKILL
Days on Market 179
Heating Forced Air
MLS Area North Manheim Twp (13318)
Municipality NORTH MANHEIM TWP
New Construction No
Ownership Fee Simple
Possession Immediate, Negotiable
Price Per Sq Ft 250.0
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Subdivision Name SEIDERS HILL
Tax Annual Amount 16288.0
Tax Year 2019
Vacation Rental Y/N No
View Panoramic, Scenic Vista
Water Access Y/N No
Zoning COMMERCIAL AND RESIDENTIA

Interior Features

Central Air Y/N No
Entry Level 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 10000.00
Car Parking Spaces 15
Inclusions All existing plans, engineering and approvals
Lot Features Road Frontage, Premium, Level, Additional Lot(s)
Lot Size Acres 138.00
Lot Size Source Estimated
Lot Size Square Feet 6011280.00
Navigable Water Y/N No
Total Parking Spaces 18
Type of Parking Driveway, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 17901

Price
AVG $300K
$2.5M
Taxes
AVG $7,479
$16,288
Visits
AVG 76
132
Year Built
AVG 1950
1995
Walkscore
AVG 55
1
Data Provided by Walkscore ® not using MLS data

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