Property profile

1 Airport Rd Emporium, PA 15834

FOR SALE
Industrial properties
Property ID
US73-4787836
13.1 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 244,997-square-foot industrial manufacturing warehouse, situated on a spacious 13.1-acre lot in Emporium, Pennsylvania, presents a significant investment opportunity. The property, identified by APN 2-55-0-114-000-0000, boasts a Class B rating and is currently vacant, offering immediate occupancy. Built in 1997, the single, three-story building features a mix of warehouse and office space. The warehouse area offers impressive ceiling heights ranging from 27 feet to 29 feet 5 inches, with a 10 feet 6 inch mezzanine. Seven loading docks and four drive-in doors ensure efficient material handling. The property includes two 3-ton cranes and one 1.5-ton crane, enhancing operational capabilities. Power is supplied by a substation metered at 46kV with five transformers. The 27,000-square-foot, three-story office building is fully climate-controlled, and includes an elevator. The property also features several restrooms throughout the warehouse and on each floor of the office building. Exterior water cooling towers are also present. The building's construction consists of structural steel for the warehouse and masonry for the office. The roof is a flat rubber roof. Column spacing is 50' x 30'. Public water and sewer services are available. The property is easily divisible, making it suitable for multiple tenants. This substantial property offers a rare opportunity to acquire a well-equipped, large-scale industrial facility in a prime location. The asking price is $3,750,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 13.1 ac (570,636 SF)
APN 2-55-0-114-000-000
UPID US73-4787836

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

1 Airport Rd Emporium, PA 15834
Emporium metro Census 960100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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