Industrial Warehouse with Loading
For Sale
$4,000,000
280 Grand St, Hamburg, PA 19526
Fenced industrial facility with substantial truck access and regional highway connectivity for distribution, storage, or manufacturing operations.
Property Size30,000 SF
Lot Size3.00 Acres
Price / SF$133.33
Days on Market14
Property Features for 280 Grand St
General Information
Standard status
Active
Size
30,000 SF
Lot size
3.00 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Warehouse Space
30,000 SF
Dock-High Doors
12
Drive-In Doors
13
Building Details
Year Built
1977
Building Size
30,000 SF
Listing Agency:
Saunders Real Estate
(610) 372-0212
Listed By:
Jill Saunders · License #RM425374
Source:
Elkaimpropertygroup
Added: Aug 16
Changed: Aug 27
Last Checked: Aug 28 at 12:45PM
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 Saunders Real Estate
Investment Insights
Based on property information with market context.
This 30,000-square-foot industrial warehouse, constructed in 1977, occupies nearly 3 acres with a fully fenced yard. The improvements include 13 overhead doors and 12 loading docks, providing dedicated access for freight handling, deliveries, and logistics activity. The property is suited to distribution, storage, and manufacturing uses supported by its existing industrial infrastructure.
Located in Hamburg, PA, within Berks County, the facility sits a few feet from Routes 61 and 78. Its position provides highway access toward Allentown, Reading, Harrisburg, Pottsville, and Lancaster, while the fenced acreage adds secured exterior operating and storage area.
Located in Hamburg, PA, within Berks County, the facility sits a few feet from Routes 61 and 78. Its position provides highway access toward Allentown, Reading, Harrisburg, Pottsville, and Lancaster, while the fenced acreage adds secured exterior operating and storage area.
Key Highlights
- 30,000 SQFT industrial warehouse on nearly 3 fully fenced acres
- 13 overhead doors and 12 loading docks
- A few feet from Routes 61 and 78
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
$212,556
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
5.31%
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%
$4,251,120
$4.3M
Cap Rate 7%
$3,036,514
$3.0M
Cap Rate 9%
$2,361,733
$2.4M
Market Conditions
NOI Build-Up for 30,000 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
$264.9K $8.83/SF
− Vacancy
−$14.8K −$0.49/SF
EGI
$250.1K $8.34/SF
− OpEx
−$37.5K −$1.25/SF
NOI
$212.6K $7.09/SF
Area
Berks County, PA
Vacancy
5.60%
Lease Rate
$8.83 /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%
$4,251,120
Cap Rate 7%
$3,036,514
Cap Rate 9%
$2,361,733
Alternative Uses
Best Use
Warehouse
$3.04M
$2.66M – $3.54M
NOI $212,556 @ 7.0% cap · market cap 5.31%
Second Best
Industrial
$2.50M
$2.19M – $2.92M
NOI $175,046 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$4.92M
$4.31M – $5.75M
NOI $344,736 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12
Dock-high doors
13
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19526, PA
11,139
Population
5,240
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
87%
High-School Grad
57.5 sq mi
ZIP Area
194
Density / Sq Mi
$72,165
Median Household Income
$47,148
Median Earnings
$1,072
Median Rent
$209,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Kleffel's Moving & Storage — 515 S 3rd St, Hamburg, PA 19526
- Green Acres Self Storage — 515 S 3rd St, Hamburg, PA 19526
- SteelSafe Storage & Parking Hamburg — 251 Grand St, Hamburg, PA 19526
- SteelSafe Storage of Hamburg — 237 Walnut St, Hamburg, PA 19526
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced industrial facility with substantial truck access and regional highway connectivity for distribution, storage, or manufacturing operations.
Where is this warehouse located?
The property is located at 280 Grand St Hamburg, PA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 30,000 SQFT industrial warehouse on nearly 3 fully fenced acres; 13 overhead doors and 12 loading docks; A few feet from Routes 61 and 78
