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Flex Building with In-Floor Heat

53 Leasute Road, Rochester Mills, PA 15771

For Sale
New
$649,000

Commercial Sale, Rochester Mills, PA

Property Size9,600 SF
Lot Size5.00 Acres
Price / SF$67.60
Days on Market4

Property Features for 53 Leasute Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
High school district Punxsutawney Area SD
Standard status Active
APN 28-011-127
Size 9,600 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1370

Amenities

breakroom

Building Details

Year built 2018
Buildings 1
Listing Agency: Mossy Oak Properties Pennsylvania Land Professionals, LLC
Listed By: Daniel Mccracken
Added: Nov 9 Changed: Nov 11 Last Checked: Nov 12 at 6:06PM
MLS# 12064316

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 2018, this flex property includes a 9,600-square-foot building on 5 acres. The main area measures 120 by 80 feet, with 18-foot ceilings, and an attached 2,400-square-foot lean-to measures 120 by 20 feet with 14-foot ceilings. Interior space also includes a 1,500-square-foot showroom, 600 square feet of second-floor office space, and a breakroom.

Access is provided by two 20-by-16-foot garage doors with openers and one 14-by-14-foot garage door. The building has 6-inch concrete floors with in-floor heating tubes throughout, 200-amp electrical service, and a 24-volt solar system with a generator. Water is supplied by an on-site well, and the property has an on-site septic system.

The property is just off Route 119, 6 miles south of Punxsutawney and 20 miles north of Indiana, Pennsylvania.

Key Highlights

  • 9,600‑square‑foot flex building on 5 acres; built in 2018
  • 120' x 80' main area with 18‑foot ceilings
  • Attached 2,400‑square‑foot lean‑to measures 120' x 20' and has 14‑foot ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,015
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,300 $1.1M
Cap Rate 7%
$800,214 $800.2K
Cap Rate 9%
$622,389 $622.4K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$84.8K $8.83/SF
− Vacancy
−$4.7K −$0.49/SF
EGI
$80.0K $8.34/SF
− OpEx
−$24.0K −$2.50/SF
NOI
$56.0K $5.83/SF
Area
Indiana County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,300
Cap Rate 7%
$800,214
Cap Rate 9%
$622,389

Alternative Uses

Best Use
Warehouse
$971.7K
$850.2K – $1.13M (±1% cap)
NOI $68,018 @ 7.0% cap · market cap 10.48%
Second Best
Flex RnD
$959.3K
$839.4K – $1.12M (±1% cap)
NOI $67,152 @ 7.0% cap · market cap 10.35%
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M (±1% cap)
NOI $212,890 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Lease Details

18 ft
Clear height
3
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 15771, PA

898
Population
425
Households
2.1
Avg Household Size
46
Median Age
18%
College-Educated
89%
High-School Grad
31.1 sq mi
ZIP Area
29
Density / Sq Mi
$59,196
Median Household Income
$35,536
Median Earnings
$233
Median Rent
$151,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A showroom, second-floor office, and attached covered area complement the large, heated-floor work space.
Where is this flex space located?
The property is located at 53 Leasute Road Rochester Mills, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 9,600‑square‑foot flex building on 5 acres; built in 2018; 120' x 80' main area with 18‑foot ceilings; Attached 2,400‑square‑foot lean‑to measures 120' x 20' and has 14‑foot ceilings
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