301 Chestnut Ave Altoona, PA 16601
This exceptional 140,000-square-foot industrial property in Altoona, Pennsylvania, presents a significant redevelopment opportunity. Located at 301 Chestnut Avenue, this vacant Class C building sits on a 7.06-acre lot and offers a versatile layout ideal for various commercial and industrial uses. The property features three buildings, two stories high, with a 20-foot ceiling height, and boasts four dock-high doors and four loading docks, ensuring efficient logistics. Direct rail access enhances supply chain capabilities, while its location on a high-traffic corridor provides excellent visibility and accessibility. Zoned for general industrial use, this property is ready for immediate occupancy, with an occupancy date of August 1, 2024. The asking price is $3,500,000, or $25 per square foot. This substantial property offers significant potential for growth and return on investment. The APN is 01.07-13-002.00-000. This is a prime opportunity for owner-users seeking a redevelopment project in a strategic location. The property's size and features make it suitable for manufacturing, warehousing, or other large-scale commercial operations. Don't miss this chance to acquire a substantial industrial asset in a thriving Pennsylvania market.
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
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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.