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Property profile & analytics
OFF-MARKET
Warehouses

719 New Castle St Zelienople, PA 16063

488,282 SF 31.81 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 488,282-square-foot multi-tenant industrial warehouse complex in Zelienople, Pennsylvania. Located on 31.81 acres, the property boasts four buildings with 12 suites, offering a diverse range of spaces. The buildings feature ceiling heights ranging from 14 to 30 feet, providing ample vertical clearance. Loading capabilities are robust, with 15 dock-high doors and 29 loading docks. The property benefits from 17 overhead cranes and three-phase power (1200 amps, 480 volts), catering to diverse industrial needs. Currently 94.83% occupied, the property generates a substantial net operating income (NOI) of $2,006,562, representing an attractive 8.36% capitalization rate at an asking price of $24,000,000. Built between 1950 and 1970, the property offers significant upside potential due to below-market rents. Its strategic location, 31 miles north of Downtown Pittsburgh, provides easy access to Interstates 79 and 76, enhancing its logistical advantages. The property's substantial size and features, combined with its strong occupancy rate and favorable location within the low-tax Butler County industrial submarket (5.1% vacancy rate), make it a compelling investment prospect. Ample outdoor storage space further enhances its appeal. The property is offered fee simple.

Property profile
Verified
Property type Warehouses
Total area 488,282 SF
Lot 31.81 ac (1,385,644 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Deep Well Services Production Facility
  • AutoSep Technologies Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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