Warehouse Building on 2.41
1254 Mid Valley Drive Jessup, PA 18434
1254 Mid Valley Drive, Jessup, PA, 18434
$950,000
For Sale
$950,000
For sale warehouse property with approximately 6,964 SF building on 2.41 acres.
Property Size6,964 SF
Lot Size2.41 Acres
Price / SF$136.42
Days on Market30
Property Features for 1254 Mid Valley Drive
General Information
- Standard status
- Active
- Size
- 6,964 SF
- Lot size
- 2.41 Acres
- Property subtype
- Industrial
Listing agency
(214) 354-1668
Listed by
Michael Peinado
Source
Lpc
Added: Jun 23 Updated: Jul 22 at 12:25AM Checked: Jul 22 at 12:25AM
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 Michael Peinado
Investment Insights
Based on property information with market context.
This for-sale warehouse property includes approximately 2.41 acres of land and a warehouse building totaling approximately 6,964 square feet.
The offering is presented as a single parcel with one primary warehouse structure.
Further details on interior layout, utilities, and condition are not provided in the available information.
The offering is presented as a single parcel with one primary warehouse structure.
Further details on interior layout, utilities, and condition are not provided in the available information.
Key Highlights
- Approximately 2.41 acres of land included
- Warehouse building totals approximately 6,964 SF
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.5k | $8.83 |
| − Vacancy | −$3.4k | −$0.49 |
| EGI | $58.0k | $8.34 |
| − OpEx | −$8.7k | −$1.25 |
| NOI | $49.3k | $7.09 |
6,964 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$704.9K
$616.8K – $822.4K
NOI $49,341 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,731 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Schwan Food Co
Courier Service
Similar Off Market Nearby
- North Valley Storage — 808 N Valley Ave, Olyphant, PA 18447
- Grand Storage Olyphant — 1601 E Lackawanna Ave, Olyphant, PA 18447
- Mid Valley Mini Self-Storage — 1501 E Lackawanna Ave, Olyphant, PA 18447
- Mid Valley Mini Self-Storage — e lackawanna ave, olyphant, pa 18447
- Cadden Bros. Moving & Storage — 1106 Mid Valley Dr, Olyphant, PA 18447
FAQs
What type of property is this?
Warehouse - For sale warehouse property with approximately 6,964 SF building on 2.41 acres.
Where is this warehouse located?
The property is located at 1254 Mid Valley Drive Jessup, 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: Approximately 2.41 acres of land included; Warehouse building totals approximately 6,964 SF
