Steel Flex Building with Loading
For Sale
$699,999
114 Fortunato Lane, Blairsville, PA 15717
CommercialSale, Derry Twp, PA
Property Size3,600 SF
Lot Size3.54 Acres
Price / SF$194.44
Days on Market67
Property Features for 114 Fortunato Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Directions
Route 22 E from New Alexandria to Right on Fortunato Lane just before Stony Run Rd.
Subdivision
Derry Twp
Standard status
Active
Lot size
3.54 Acres
Additional Details
Real Estate Included
Yes
Taxes and HOA fees
Tax Annual Amount
3423
Amenities
24 ft ceiling height
2 Garage Doors 14 ft x14 ft
2 Man Doors
Loading Dock
200 amp Electric Panel
Natural Gas
Public Water
Ring Doorbell System
Night Owl CCTV Camera System
Overhead Storage with pull Down Stairs
42" Box Trailer with shelving
Building Details
Year built
2001
Building materials
Steel
Buildings
1
Listing Agency:
REALTY ONE GROUP LANDMARK
Listed By:
Bonnie Bartholow · License #RS227597L
(724) 427-5801
Added: Aug 21
Changed: Oct 23
Last Checked: Oct 26 at 4:06AM
MLS# 1770952
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.
This flex property includes a 3,600-square-foot steel building on 3.541 acres. Constructed in 2001, the 60-by-60-foot building has a 24-foot ceiling, two 14-by-14-foot garage doors, two man doors, a loading dock, overhead storage with pull-down stairs, and multiple interior rooms with a restroom. A 200-amp electrical panel, public water, natural gas service, Ring Doorbell system, and Night Owl CCTV camera system are also included.
The property fronts Route 22, where reported traffic volume ranges from 15,000 to 20,000 vehicles per day. The building was formerly used as a fire truck repair shop and includes a 42" box trailer with shelving for additional storage. Its physical features support a range of commercial and industrial applications, subject to applicable approvals.
The property fronts Route 22, where reported traffic volume ranges from 15,000 to 20,000 vehicles per day. The building was formerly used as a fire truck repair shop and includes a 42" box trailer with shelving for additional storage. Its physical features support a range of commercial and industrial applications, subject to applicable approvals.
Key Highlights
- 3.541‑acre property along Route 22
- 3,600‑square‑foot steel building constructed in 2001
- 24‑foot ceiling with two 14‑by‑14‑foot garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,597
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,940
$811.9K
Cap Rate 7%
$579,957
$580.0K
Cap Rate 9%
$451,078
$451.1K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$64.8K $18.00/SF
− Vacancy
−$6.8K −$1.89/SF
EGI
$58.0K $16.11/SF
− OpEx
−$17.4K −$4.83/SF
NOI
$40.6K $11.28/SF
Area
Indiana County, PA
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,940
Cap Rate 7%
$579,957
Cap Rate 9%
$451,078
Alternative Uses
Best Use
Retail
$580.0K
$507.5K – $676.6K
NOI $40,597 @ 7.0% cap · market cap 5.80%
Second Best
Flex RnD
$359.7K
$314.8K – $419.7K
NOI $25,182 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.14M
$997.9K – $1.33M
NOI $79,834 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
1
Dock-high doors
2
Drive-in doors
20,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15717, PA
9,454
Population
4,773
Households
2
Avg Household Size
49
Median Age
20%
College-Educated
93%
High-School Grad
94.0 sq mi
ZIP Area
101
Density / Sq Mi
$63,544
Median Household Income
$40,210
Median Earnings
$685
Median Rent
$154,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Steel construction with overhead storage, loading access, and public water service.
Where is this flex space located?
The property is located at 114 Fortunato Lane Blairsville, PA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 3.541‑acre property along Route 22; 3,600‑square‑foot steel building constructed in 2001; 24‑foot ceiling with two 14‑by‑14‑foot garage doors
