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    OFF-MARKET
    Warehouses

    0 Grindstone Hill Rd, Greencastle, PA 17225

    140,000 SF 71.17 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 140,000-square-foot industrial property in Greencastle, PA, offers unparalleled flexibility. Located on Grindstone Hill Rd, this Class A, single-story building boasts 24-foot clear ceilings and is divisible into 10,000-square-foot bays, accommodating a range of needs. The property features both dock-high and drive-in loading capabilities, making it ideal for distribution, manufacturing, or flex-use businesses. Situated on 71.17 acres, this expansive site is zoned HI and allows for light industrial or commercial uses. The building, constructed in 2024, comprises 14 suites within a single structure, with a total of 140,000 square feet currently vacant. Its strategic location in Franklin County, halfway between Hagerstown, MD, and Chambersburg, PA, provides easy access to major transportation routes and benefits from the area's robust growth, including recent development of a travel plaza and fast-food restaurants. The site's approved plan allows for future expansion, with potential for a warehouse up to 650,000 square feet. Tenancy is multiple, with immediate occupancy available within 10-12 months of lease signing. This prime location and versatile space present a unique opportunity for businesses seeking efficient and strategically located industrial facilities.

    Property profile
    Verified
    Property type Warehouses
    Year built 2024
    Total area 140,000 SF
    Lot 71.17 ac (3,100,165 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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