Spacious industrial building with exceptional amenities.
Description
Added:
Feb 3, 2025
Days on Market:
315
This exceptional industrial property, situated on a 1.15-acre lot at 212 Idaho St, Farrell, PA, presents a unique investment opportunity. The 18,000+ square foot building boasts a robust construction featuring structural insulated panels, ensuring lasting durability. The property benefits from a substantial 3-phase, 400-amp, 220V electrical service. A significant cost savings is realized through a private natural gas well, providing an estimated annual savings of approximately $40,000 in gas and heating costs. The warehouse space is generously proportioned, featuring an 18-foot high ceiling, a convenient loading dock, and 14'x14' garage doors at each end, facilitating effortless drive-through access for large vehicles such as tractor-trailers. The front office and showroom area are finished to a high standard, showcasing premium features such as a stone fireplace, intricate woodwork, and a loft space complete with a live-edge conference table and high-backed chairs. Employee amenities are comprehensive, including a large breakroom, kitchenette, laundry facilities, and restrooms equipped with showers. The property has recently undergone improvements, including a new roof. The location is highly accessible, with Idaho Street recently upgraded with new sidewalks and paving, providing easy access to Interstates 80 and 376. This meticulously maintained and owner-built facility offers a rare combination of functionality, efficiency, and upscale amenities. Priced at $1,600,000.
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212 Idaho St Farrell, PA 16121
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Disclaimer
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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.
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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.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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212 Idaho St Farrell, PA 16121
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212 Idaho St, Farrell, PA
Kenneth Weir
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