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    OFF-MARKET
    Commercial real estate

    38 Industrial Park Rd, Renovo, PA 17764

    50,000 SF 8.5 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    This exceptional 50,000-square-foot warehouse and manufacturing facility in Renovo, PA, presents a unique investment opportunity. Situated on an 8.5-acre lot, the property boasts a spacious warehouse area with ceiling heights ranging from 11'5" to 21', five standard drive-in doors, and eight restrooms. A substantial workroom complements the warehouse, offering 10'11" ceilings and four additional restrooms. Both areas feature radiant floor heating, air conditioning, and ample air drops. A separate mechanical building adds further functionality, including abundant electricity, multiple boilers, two restrooms, a drive-in door, and a small shop. The property benefits from significant infrastructure, including access to a sewer pump station, a 200,000-gallon community water holding tank, a 12' water main, and a Norfolk Southern rail spur. Public utilities, including natural gas, are readily available on-site. The asking price for the entire property is $1.6 million. For those interested in leasing, spaces ranging from 2,500 to 50,000 square feet are available at a base rent of $6 per square foot, with tenants responsible for NNN expenses and utilities. This property offers a compelling combination of size, functionality, and strategic location in Pennsylvania's Northern Tier region.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2002
    Total area 50,000 SF
    Lot 8.5 ac (370,260 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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