Industrial Building Near Highway
For Sale
$1,500,000
327 South Walnut Lane, Beaver, PA 15009
14,964 SF industrial building with excellent highway access.
Property Size14,964 SF
Lot Size1.72 Acres
Price / SF$100.24
Days on Market152
Property Features for 327 South Walnut Lane
General Information
Standard status
Active
Size
14,964 SF
Lot size
1.72 Acres
Property subtype
Industrial
Listing Agency:
CBRE - Pittsburgh
(412) 394-9829
Listed By:
Robert Blackmore, SIOR · License #Salesperson
(412) 394-9829
Source:
Cbre
Added: Mar 25
Changed: Aug 23
Last Checked: Aug 23 at 8:29AM
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 CBRE - Pittsburgh
Investment Insights
Based on property information with market context.
This industrial property offers approximately 14,964 square feet of space, including around 2,858 square feet of office area, situated on a site of approximately 1.72 acres. The warehouse section features a center column line, creating bays that are 54 feet wide. The building includes three 12’x14’ grade-level loading doors; two serve the main warehouse, and one serves the smaller machine shop area. Ceiling heights reach approximately 14 feet clear. Lighting is provided by fluorescent fixtures with supplemental LEDs. The main warehouse area is equipped with 400-AMP, 120/240-Volt, 3-Phase power, while the smaller bay has a separate 200-Amp, 240-Volt, 3-Phase service. Heating is supplied by a 1 million BTU gas boiler, and the office space is air-conditioned. The rubber roof was replaced in 2016 and serviced in 2025. Parking is available in approximately 20 paved and striped spaces. The property is located one mile from I-376, offering convenient access to the PA Turnpike and is four minutes from Downtown Beaver. It is situated across the Ohio River from the Shell Petrochemical Plant in Beaver County. The property is currently leased through November 2026.
Key Highlights
- Excellent Highway Access: Just one mile to I‑376 and convenient to the PA Turnpike.
- Substantial Warehouse Space: Approximately 14,964 SF total building square footage.
- Three Grade‑Level Loading Doors: Two for the main warehouse and one for the machine shop.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,542
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,230,840
$1.2M
Cap Rate 7%
$879,171
$879.2K
Cap Rate 9%
$683,800
$683.8K
Market Conditions
NOI Build-Up for 14,964 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$75.4K $5.04/SF
− Vacancy
−$3.0K −$0.20/SF
EGI
$72.4K $4.84/SF
− OpEx
−$10.9K −$0.73/SF
NOI
$61.5K $4.11/SF
Area
Beaver County, PA
Vacancy
4.00%
Lease Rate
$5.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,230,840
Cap Rate 7%
$879,171
Cap Rate 9%
$683,800
Alternative Uses
Best Use
Warehouse
$879.2K
$769.3K – $1.03M
NOI $61,542 @ 7.0% cap · market cap 4.10%
Second Best
Industrial
$724.0K
$633.5K – $844.7K
NOI $50,681 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$3.81M
$3.34M – $4.45M
NOI $266,809 @ 7.0% cap · market cap 17.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15009, PA
15,594
Population
7,137
Households
2.2
Avg Household Size
48
Median Age
41%
College-Educated
97%
High-School Grad
23.3 sq mi
ZIP Area
669
Density / Sq Mi
$83,629
Median Household Income
$55,576
Median Earnings
$725
Median Rent
$245,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brighton Township Self Storage — 300 S Walnut Ln # 400, Beaver, PA 15009
Frequently Asked Questions
What type of property is this?
Warehouse - 14,964 SF industrial building with excellent highway access.
Where is this warehouse located?
The property is located at 327 South Walnut Lane Beaver, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Excellent Highway Access: Just one mile to I‑376 and convenient to the PA Turnpike.; Substantial Warehouse Space: Approximately 14,964 SF total building square footage.; Three Grade‑Level Loading Doors: Two for the main warehouse and one for the machine shop.
