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Property profile & analytics
OFF-MARKET
Commercial real estate

255 Elm Dr Waynesburg, PA 15370

3.57 ac lot Built 1992
Property ID
Property summary
AI-generated overview

This exceptional commercial property, situated at 255 Elm Drive in Waynesburg, Pennsylvania, presents a compelling investment opportunity. The 7,500 square foot brick building boasts a meticulously maintained exterior, featuring a newer metal roof and a modern HVAC system, ensuring both durability and energy efficiency. Currently leased to the Pennsylvania Department of General Services, this property offers a stable and reliable income stream. Its strategic location provides convenient access to major highways, enhancing its appeal to a wide range of businesses and tenants. The property's attractive curb appeal is further enhanced by professional landscaping, a sizable parking area to accommodate numerous vehicles, and a secure fenced storage area, adding to its overall functionality and value. The expansive 3.57-acre lot provides ample space for future expansion or additional development, presenting significant potential for long-term growth and return on investment. This turnkey commercial property is ready for immediate occupancy and offers a rare combination of location, size, and operational efficiency. The existing lease with a government entity provides a strong foundation for a secure and profitable investment. This is an exceptional opportunity for discerning investors seeking a high-quality, well-maintained commercial property in a desirable location. The property's features and strategic positioning make it an ideal investment for those seeking a stable and potentially appreciating asset.

Property profile
Verified
Property type Commercial real estate
Year built 1992
Lot 3.57 ac (155,509 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
  • State Police Police Department
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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