Greensburg Commercial Land For
985 Towne Square Dr Greensburg, PA 15601
985 Towne Square Dr, Greensburg, PA, 15601
Contact for pricing
For Sale
Contact for pricing
Commercial land available for sale in Greensburg, Pennsylvania.
Property Size10,000 SF
Price / SF$150
Days on Market1195
Property Features for 985 Towne Square Dr
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Office, Land
Listing Agency
Hanna Commercial Real Estate - Pittsburgh
(412) 261-2200
Listed by
Adam Joyce · License #RS349202
Source
Crexi
Added: Apr 11, 2023 Checked: Jul 15 at 10:47 pm
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 Hanna Commercial Real Estate - Pittsburgh
Investment Insights
Based on property information with market context.
This commercial land, also suitable for office properties and spaces, is available for sale. The property has a size of 10000 square feet and is located in Greensburg, Pennsylvania.
Key Highlights
- No property information was provided to extract selling points.
Local Financial Insights For Office B
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 | $225.6k | $22.56 |
| − Vacancy | −$55.3k | −$5.53 |
| EGI | $170.3k | $17.03 |
| − OpEx | −$42.6k | −$4.26 |
| NOI | $127.7k | $12.77 |
10,000 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.60M – $2.13M
NOI $127,746 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,301 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Vince Thomas S ...
Dental Office
PTC Lodging, LLC
Hotel & Motel
Wagner Outdoor Advertising
Marketing & Advertising
Northpointe Development Group ...
Construction Company
Revest Properties
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial land available for sale in Greensburg, Pennsylvania.
Where is this commercial land located?
The property is located at 985 Towne Square Dr Greensburg, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
