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Property profile & analytics
OFF-MARKET
Warehouses

301 Chestnut Ave Altoona, PA 16601

140,000 SF 7.06 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 140,000 SF
Lot 7.06 ac (307,534 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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