Verona Warehouse/Office Building For
723 E Railroad Ave Verona, PA
723 E Railroad Ave, Verona, PA, 00000
Contact for pricing
For Sale
Contact for pricing
11,500 SF warehouse/office building available for purchase.
Property Size11,500 SF
Lot Size0.38 Acres
Price / SF$76.52
Days on Market300
Property Features for 723 E Railroad Ave
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Lot size
- 0.38 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Pennsylvania Commercial Real Estate, Inc.
(412) 760-9999
Listed by
Bob Cornell · License #PA AB041069A
(412) 760-9999
Source
Moodyscre
Added: Sep 22, 2025 Checked: Jul 17 at 5:52 am
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 Pennsylvania Commercial Real Estate, Inc.
Investment Insights
Based on property information with market context.
This property features an 11,500 square foot warehouse and office building. It is located in Verona, Pennsylvania.
Key Highlights
- 11,500 SF warehouse/office building
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 | $93.8k | $8.16 |
| − Vacancy | −$6.2k | −$0.54 |
| EGI | $87.6k | $7.62 |
| − OpEx | −$13.1k | −$1.14 |
| NOI | $74.5k | $6.48 |
11,500 SF · lease $8.16/SF/yr · vacancy 6.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.06M
$931.3K – $1.24M
NOI $74,500 @ 7.0% cap · market cap 8.47%
Second Best
Industrial
$876.5K
$766.9K – $1.02M
NOI $61,353 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$2.93M
$2.56M – $3.42M
NOI $205,046 @ 7.0% cap · market cap 23.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Loft Home
Furniture & Home Goods
Halco
Clothing Supplier
Similar For Sale Nearby
Similar Off Market Nearby
- Moove In Self Storage — 10 Allegheny River Blvd, Verona, PA 15147
FAQs
What type of property is this?
Warehouse - 11,500 SF warehouse/office building available for purchase.
Where is this warehouse located?
The property is located at 723 E Railroad Ave Verona, PA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 11,500 SF warehouse/office building