Manufacturing Building with Shop
For Sale
Contact for pricing
1121-1125 New Salem Rd, New Salem, PA 15468
CommercialSale, Menallen Twp, PA
Property Size1,776 SF
Lot Size1.35 Acres
Price / SF$14.08
Days on Market329
Property Features for 1121-1125 New Salem Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Zoning description
Comm
Subdivision
Menallen Twp
Standard status
Active
Lot size
1.35 Acres
Taxes and HOA fees
Tax Annual Amount
65
Building Details
Year built
1920
Building materials
Brick
Listing Agency:
COLDWELL BANKER LAUREL RIDGE REALTY · Coldwell Banker Real Estate
Listed By:
Joseph DeClemente · License #RS203644L
(724) 628-7200
Added: Nov 30, 2025
Changed: Oct 8
Last Checked: Oct 25 at 11:06PM
MLS# 1732173
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The manufacturing property includes a 74-by-24-foot building on 1.35 acres. It was previously used as a machine shop, and some of the shop equipment remains inside. Utilities are available to the property.
The building dates to 1920 and is located at 1121-1125 New Salem Rd in Menallen Twp, Pennsylvania.
The building dates to 1920 and is located at 1121-1125 New Salem Rd in Menallen Twp, Pennsylvania.
Key Highlights
- 1.35‑acre property with a 74‑by‑24‑foot building
- Former machine‑shop building with some equipment still inside
- Utilities are available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,733
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,660
$194.7K
Cap Rate 7%
$139,043
$139.0K
Cap Rate 9%
$108,144
$108.1K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$14.9K $8.40/SF
− Vacancy
−$1.0K −$0.57/SF
EGI
$13.9K $7.83/SF
− OpEx
−$4.2K −$2.35/SF
NOI
$9.7K $5.48/SF
Area
Fayette County, PA
Vacancy
6.80%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,660
Cap Rate 7%
$139,043
Cap Rate 9%
$108,144
Alternative Uses
Best Use
Industrial
$139.0K
$121.7K – $162.2K
NOI $9,733 @ 7.0% cap · market cap 38.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.4K
$395.8K – $527.8K
NOI $31,666 @ 7.0% cap · market cap 126.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 15468, PA
2,271
Population
1,013
Households
2.2
Avg Household Size
45
Median Age
11%
College-Educated
94%
High-School Grad
11.9 sq mi
ZIP Area
191
Density / Sq Mi
$65,625
Median Household Income
$48,402
Median Earnings
$788
Median Rent
$89,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Former machine-shop space retains equipment and has utilities available.
Where is this manufacturing property located?
The property is located at 1121-1125 New Salem Rd New Salem, PA.
What are key features of this property?
This property features: 1.35‑acre property with a 74‑by‑24‑foot building; Former machine‑shop building with some equipment still inside; Utilities are available
