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Property profile & analytics
OFF-MARKET
Commercial real estate

494 Rte Butler, PA 16002

2.22 ac lot Built 2004
Property ID
Property summary
AI-generated overview

This exceptional 2.22-acre property at 494 Route 422-rear, Butler, PA, presents a lucrative investment opportunity. The well-maintained complex currently features 26 self-storage units, a warehouse, office space, and an apartment, all currently leased, generating substantial income. Twenty of the 26 storage units are currently occupied, with the potential for increased revenue by leasing the remaining vacant units. The property is zoned C-1, allowing for expansion. The existing building could be expanded to accommodate more self-storage units, or the rear lot could be leased to a contractor or landscaping company. The current owner resides in the on-site apartment and is open to leasing it to the new owner. The property's current tenant is responsible for electricity costs. This turnkey operation offers immediate income and significant upside potential. The seller is willing to consider owner financing, making this an even more attractive proposition. The front parcel presents additional development possibilities, further enhancing the long-term value of this investment. This property offers a unique blend of established income and future growth potential, making it an ideal acquisition for a savvy investor seeking a strong return on investment.

Property profile
Verified
Property type Commercial real estate
Year built 2004
Lot 2.22 ac (96,703 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
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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