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Property profile & analytics
OFF-MARKET
Industrial properties

511 Main St Lanesboro, PA 18847

24,100 SF 8 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This exceptional 8-acre industrial property at 511 Main Street, Lanesboro, PA, presents a unique redevelopment opportunity. The site, available for the first time since 1973, comprises multiple buildings totaling 24,100 square feet, offering substantial space for a variety of commercial uses. Previously occupied by Rotorcast Manufacturing, the property boasts a prime location with scenic river views and potential for water extraction, subject to obtaining the necessary permits. This feature significantly expands the potential for industries requiring direct water access. Its strategic proximity to Highway 81 (approximately 10 miles away) ensures excellent connectivity to major transportation routes, ideal for businesses prioritizing logistics and efficient operations. The expansive space is well-suited for various applications, including light manufacturing, warehousing, and distribution centers. The combination of a picturesque riverfront setting and convenient highway access makes this property particularly attractive for projects that benefit from both functionality and aesthetic appeal. This is more than just a real estate investment

Property profile
Verified
Property type Industrial properties
Year built 2002
Total area 24,100 SF
Lot 8 ac (348,480 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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