508 New Alexandria Rd Greensburg, PA 15601
- Commercial real estate
- 5,318 SF
- 0.22 lot acres
Current Use by Public Records
- Thin Blue Line Cleaners / Cleaners
Property Details for 508 New Alexandria Rd
- Year built
- 1949
- Construction
- CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 5,318 SF
- Property type
- Commercial real estate
- APN
- 50-15-12-0-015
- APU
- 5015120015
Description
This exceptional 6,000 square foot industrial building is strategically located on Route 119N in Greensburg, PA, offering unparalleled visibility and accessibility. Situated on a 0.22-acre lot, this property boasts a prime location near Lynch Field and Sheetz, ensuring high daily traffic volume. Route 119N provides convenient access to all major roadways throughout Westmoreland County, making it an ideal location for businesses needing efficient transportation links. The building features its own loading dock and ample parking, catering to both employees and clients. The interior layout is flexible, with numerous rooms and the possibility of removing some walls to create an open concept floor plan or warehouse space, depending on operational needs. Significant storage space is also available. The property benefits from a newer roof, public water and sewer connections, updated electrical systems, and air conditioning. This turnkey opportunity presents a rare chance to acquire a well-maintained industrial space with exceptional visibility and convenient access, making it perfect for a variety of businesses. Don't miss this chance to establish or expand your operations in a thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $265,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $225,000
- Mixed-Use
- $245,000
- Hospitality
- $225,000
- Educational
- $190,000
- Residential Income
- $205,000
- Energy
- $240,000
- Income-Based Land
- $225,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Greensburg
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.5371
- Latitude
- 40.3087
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA