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Warehouse with Office and 4 Doors
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3040 Freeport Rd, Natrona Heights, PA 15065

Industrial building includes office, bathroom, and split warehouse space with four garage doors.

Property Size9,600 SF
Price / SF$57.28
Days on Market116

Property Features for 3040 Freeport Rd

General Information

Standard status Active
Size 9,600 SF
Property subtype Industrial

Additional Details

Clear Height 13.9 ft

Amenities

reception area
private office
full bathroom
washer/dryer hookups

Building Details

Year Built 2017
Stories 1
Listing Agency: Berkshire Hathaway HomeServices Murrysville
Listed By: Susan Reese-Hartzell · License #PA RI005483
Source: Crexi
Added: Jun 30 Changed: Oct 5 Last Checked: Oct 23 at 5:35AM

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 Berkshire Hathaway HomeServices Murrysville

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is a warehouse building with a reception area, private office, and a full bathroom. Office space totals 490 square feet, and the unit includes washer and dryer hookups. The warehouse area is divided into two sections, one measuring 4,897 square feet and the other 3,304 square feet.

There are four garage doors, and the ceiling height is 13.9 feet. One warehouse section has heat, while the other does not, providing flexibility based on operational needs.

Overall, the layout combines front-office functionality with two separate warehouse areas served by multiple overhead doors.

Key Highlights

  • Built in 2017 industrial building with 13.9 ft ceiling height in the warehouse area
  • Warehouse space split into two areas: 4,897 SF and 3,304 SF
  • Includes 4 garage doors and 490 SF of office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,558
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,160 $951.2K
Cap Rate 7%
$679,400 $679.4K
Cap Rate 9%
$528,422 $528.4K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$78.3K $8.16/SF
− Vacancy
−$5.2K −$0.54/SF
EGI
$73.2K $7.62/SF
− OpEx
−$25.6K −$2.67/SF
NOI
$47.6K $4.95/SF
Area
Allegheny County, PA
Vacancy
6.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,160
Cap Rate 7%
$679,400
Cap Rate 9%
$528,422

Alternative Uses

Best Use
Office B
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,636 @ 7.0% cap · market cap 22.30%
Second Best
Warehouse
$888.4K
$777.4K – $1.04M (±1% cap)
NOI $62,191 @ 7.0% cap · market cap 11.31%
Theoretical Best
Office A
$2.45M
$2.14M – $2.85M (±1% cap)
NOI $171,169 @ 7.0% cap · market cap 31.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13 ft
Clear height

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby
Under-served
Demand for This Use

Demographics for 15065, PA

11,158
Population
5,754
Households
1.9
Avg Household Size
46
Median Age
28%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
893
Density / Sq Mi
$66,838
Median Household Income
$45,817
Median Earnings
$770
Median Rent
$147,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Industrial building includes office, bathroom, and split warehouse space with four garage doors.
Where is this flex space located?
The property is located at 3040 Freeport Rd Natrona Heights, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Built in 2017 industrial building with 13.9 ft ceiling height in the warehouse area; Warehouse space split into two areas: 4,897 SF and 3,304 SF; Includes 4 garage doors and 490 SF of office space
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