Warehouse with Dock and Drive-In
For Sale
Contact for pricing
1123 Lee Ave, Farrell, PA 16121
Functional warehouse space with loading access, dedicated parking, and 120A single-phase power.
Property Size12,000 SF
Price / SF$79.17
Days on Market62
Property Features for 1123 Lee Ave
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
20
Property subtype
INDUSTRIAL
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
2
Power
120 amps
Three-Phase Power
No
Listing Agency:
SVN | Three Rivers Commercial Advisors
(412) 535-8050
Listed By:
John Westermann · License ##RS315715
(412) 302-3675
Source:
Moodyscre
Added: Aug 13
Changed: Oct 11
Last Checked: Oct 12 at 6:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
This 12,000-square-foot warehouse offers a practical loading configuration with 1 dock door and 2 drive-in doors measuring 10' wide by 12' high. The facility is supported by 120A / 1P power and includes 20 parking spaces.
Located at 1123 Lee Ave in Farrell, PA, the property provides a straightforward industrial setting for warehouse operations and related commercial use.
Located at 1123 Lee Ave in Farrell, PA, the property provides a straightforward industrial setting for warehouse operations and related commercial use.
Key Highlights
- 12,000‑square‑foot warehouse
- 1 dock door
- 2 drive‑in doors measuring 10' w x 12' h
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,152
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,703,040
$1.7M
Cap Rate 7%
$1,216,457
$1.2M
Cap Rate 9%
$946,133
$946.1K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$105.1K $8.76/SF
− Vacancy
−$4.9K −$0.41/SF
EGI
$100.2K $8.35/SF
− OpEx
−$15.0K −$1.25/SF
NOI
$85.2K $7.10/SF
Area
Mercer County, PA
Vacancy
4.70%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,703,040
Cap Rate 7%
$1,216,457
Cap Rate 9%
$946,133
Alternative Uses
Best Use
Warehouse
$1.22M
$1.06M – $1.42M
NOI $85,152 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $296,018 @ 7.0% cap · market cap 31.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16121, PA
4,258
Population
2,273
Households
1.9
Avg Household Size
45
Median Age
13%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
1,851
Density / Sq Mi
$39,412
Median Household Income
$33,046
Median Earnings
$879
Median Rent
$76,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - Functional warehouse space with loading access, dedicated parking, and 120A single-phase power.
Where is this warehouse located?
The property is located at 1123 Lee Ave Farrell, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 12,000‑square‑foot warehouse; 1 dock door; 2 drive‑in doors measuring 10' w x 12' h
