255 Elm Dr Waynesburg, PA 15370
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.