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Property profile & analytics
OFF-MARKET
Day care centers

77-87 Glade Dr Kittanning, PA 16201

30,000 SF 3.51 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 30,000-square-foot mixed-use commercial property situated on a 3.51-acre lot in Kittanning, Pennsylvania. The single-story building, constructed in 2000, features six separate units ranging in size from 500 to 10,000 square feet, currently configured for daycare/nursery, executive office, and medical office uses. The property boasts a clear-span beam structure, allowing for flexible space customization and the potential to combine units. Two loading docks and over 130 parking spaces cater to tenant and visitor needs. The property enjoys high visibility from Route 422 and is conveniently located approximately 0.7 miles from ACMH Hospital and 1.4 miles from local shops and restaurants. Currently, three tenants occupy 13,000 square feet, with lease terms varying. The property offers a compelling investment opportunity with a strong net operating income (NOI) of $386,667 and a cap rate of 13.33%. The asking price is $2,900,000, translating to a price per square foot of $96.67. The property is zoned for commercial use and has a parcel number of 12-0-65000. Financial information is available upon request. All information is deemed reliable but not guaranteed

Property profile
Verified
Property type Day care centers
Year built 2000
Total area 30,000 SF
Lot 3.51 ac (152,896 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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