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    1 Airport Rd Emporium, PA 15834

    For Sale
    $3,750,000

    245,000 SF Manufacturing Warehouse

    Property size:
    244,997 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 244,997-square-foot industrial manufacturing warehouse, situated on a spacious 13.1-acre lot in Emporium, Pennsylvania, presents a significant investment opportunity. The property, identified by APN 2-55-0-114-000-0000, boasts a Class B rating and is currently vacant, offering immediate occupancy. Built in 1997, the single, three-story building features a mix of warehouse and office space. The warehouse area offers impressive ceiling heights ranging from 27 feet to 29 feet 5 inches, with a 10 feet 6 inch mezzanine. Seven loading docks and four drive-in doors ensure efficient material handling. The property includes two 3-ton cranes and one 1.5-ton crane, enhancing operational capabilities. Power is supplied by a substation metered at 46kV with five transformers. The 27,000-square-foot, three-story office building is fully climate-controlled, and includes an elevator. The property also features several restrooms throughout the warehouse and on each floor of the office building. Exterior water cooling towers are also present. The building's construction consists of structural steel for the warehouse and masonry for the office. The roof is a flat rubber roof. Column spacing is 50' x 30'. Public water and sewer services are available. The property is easily divisible, making it suitable for multiple tenants. This substantial property offers a rare opportunity to acquire a well-equipped, large-scale industrial facility in a prime location. The asking price is $3,750,000.

    Property Features for 1 Airport Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    244,997 SF
    Class
    B
    Lot Size
    570,636 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    3
    Units
    2

    HighLights

    • $3,750,000 asking price for a vacant industrial property.
    • 244,997 square feet of net rentable space in a Class B building.
    • Located on 13.1 acres in Emporium, PA (APN: 2‑55‑0‑114‑000‑0000).
    • Features seven loading docks, four drive‑in doors, and ceiling heights ranging from 27' to 29'5", with a 10'6" mezzanine.
    • Built in 1997, this multi‑tenant capable building includes a 27,000 square foot, three‑story office area with an elevator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GKN Sinter Metals Corporate Office

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Emporium
    County
    Cameron
    State
    Pennsylvania
    Longitude
    -78.2456566
    Latitude
    41.5083526

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    FAQs

    What type of property is this?
    Distribution property - 245,000 SF Manufacturing Warehouse
    Where is this distribution property located?
    The property is located at 1 Airport Rd Emporium, PA.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: $3,750,000 asking price for a vacant industrial property.; 244,997 square feet of net rentable space in a Class B building.; Located on 13.1 acres in Emporium, PA (APN: 2-55-0-114-000-0000).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Airport Rd Emporium, PA 15834
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