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Property profile & analytics

1605 Old Route 18 Wampum, PA 16157

  • Warehouses
  • 2,500,000 SF
  • 7.00 lot acres
Value Estimation
$10,870,000
Last Sale
Nov 24, 2020
$9,800,000
Location Intelligence
Property ID
US73-3388367
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Homak Manufacturing / Manufacturer
  • Romar Textile Co / Fabric Store
  • HMC Financing LLC / Financial Planner
  • Access - Scanning, Records Storage, and Document Management / Records Storage Facility / Data Recovery Service

Property Details for 1605 Old Route 18

Lot size
7.00 lot acres
Property size
2,500,000 SF
Property type
Warehouses
APN
17-054700
APU
17054700

Description

This exceptional industrial property, the Wampum Underground Commerce Center, offers 2,500,000 square feet of secure, climate-controlled space in Wampum, Pennsylvania. Located minutes from the Pennsylvania Turnpike in Southern Lawrence County, this unique underground facility boasts consistent temperature and humidity, resulting in significantly lower operating costs. Currently, 635,000 square feet of space is available, divisible into units ranging from 10,000 to 230,000 contiguous square feet. The property sits on a substantial 318-acre lot and was originally built in 1870, undergoing extensive renovations in 2020. The flexible space caters to various needs, from raw storage to built-to-suit assembly areas. This prime location, coupled with the facility's unique climate-controlled environment and planned expansion of over 600,000 square feet, presents a rare opportunity for businesses seeking efficient and cost-effective industrial space. The property is multi-tenant and offers a variety of uses including flex space, warehouse, distribution, and R&D. This is an ideal location for companies seeking a secure, climate-controlled environment with easy access to major transportation routes.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $11,700,000
  • CAP approach

    CAP return
    Estimation
    6%
    $10,800,000
    6.5%
    $9,490,000
    7%
    $9,190,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $9,150,000
    Geo Method
    $10,240,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $11,020,000
    Retail
    $11,125,000
    Mixed-Use
    $9,085,000
    Hospitality
    $9,550,000
    Educational
    $9,900,000
    Residential Income
    $8,255,000
    Energy
    $9,535,000
    Income-Based Land
    $8,500,000
    Food Service
    $10,070,000

Location Insight

  • Map
  • Local Demand
City
Wampum
County
Lawrence
State
Pennsylvania
Longitude
-80.3304
Latitude
40.8744
CBSA code
35260
CBSA name
NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,413
$125,900
$255,500
$381,400
-
$125,900
$255,500
$381,400
More about this property
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