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Property profile & analytics
OFF-MARKET
Warehouses

212 Outlet Way Greensburg, PA 15601

84,720 SF 5.62 ac lot Built 1966
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully-leased, 84,720-square-foot warehouse situated on a 5.62-acre lot in Greensburg, Pennsylvania's vibrant downtown business district. The property, located at 212 Outlet Way, boasts a desirable Regional Commercial zoning designation and features a spacious single-story building constructed in 1966. High ceilings, ranging from 20 to 24 feet, provide ample storage and operational space. The warehouse benefits from a robust infrastructure, including a newer HVAC system, a recently replaced roof, and a comprehensive sprinkler system ensuring safety and efficiency. Ample parking is available with over 120 spaces for employees and customers. Currently operating at 100% occupancy, the property generates a strong cash flow with established tenants including World of Values Outlet and Habitat for Humanity. The strategic location on Route 30 provides exceptional visibility and accessibility, with a daily traffic count exceeding 31,000 vehicles. This property offers a rare combination of size, location, and strong tenancy, making it an ideal addition to any investment portfolio. The asking price is $2,700,000, translating to $31.87 per square foot. The property's zip code is 15601, and it's situated in Westmoreland County.

Property profile
Verified
Property type Warehouses
Year built 1966
Total area 84,720 SF
Lot 5.62 ac (244,807 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
  • Fulton Family Optical Ophthalmologist (Bike/Boat/Book/etc) Store
  • Wow Outlets Discount Store Clothing & Fashion Store
  • Your Favorite Things Home Decor Store Department Store
  • Central Westmoreland HFH ReStore Discount Store
  • Central Westmoreland Habitat for Humanity Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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