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Property profile & analytics
OFF-MARKET Estimated value $915,000
Warehouses

103 1st Ave Parkesburg, PA 19365-1256

22,550 SF 2 ac lot Built 1967
Entity Owned 8-yr Hold Free & Clear
Property ID
US73-2856569
Property summary
AI-generated overview

This expansive industrial property, located at 103 W 1st Avenue in Parkesburg, PA, presents a significant opportunity for businesses seeking a strategically located warehouse facility. The 22,550 square foot building sits on a generous 3.6-acre lot encompassing two parcels (#08-04-0063.0300 and #08-04-0063.02A0), offering ample space for operations and potential expansion. The warehouse boasts impressive 16-foot ceilings overall, with 14-foot clear ceilings supported by steel girders, providing significant vertical storage capacity. Access is facilitated by two grade-level roll-up doors (10x12) and one truck dock door (8x10), ensuring efficient loading and unloading. The building features painted block walls and a robust 3-phase, 1400-amp electric service, including a sub-transformer on the west side. A comfortable 20x33 office area is equipped with central air conditioning. This exceptional location offers unparalleled convenience, being within walking distance of the Amtrak station and adjacent to PA Route 10. Commuting is simplified by its proximity to major transportation hubs: one hour from Philadelphia International Airport, 30 minutes from I-76 interchange, half an hour to Newark, DE, 45 minutes from Lancaster, and just over an hour to Harrisburg. This property represents a rare combination of size, location, and functionality, making it an ideal investment for a variety of industrial uses.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 22,550 SF
Lot 2 ac (87,120 SF)
Zoning code C
APN 0804 006302A0
UPID US73-2856569
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
Current use
Occupant on record · Public records
  • RS-Werks Auto Repair Shop
  • Sanctuary Speed Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$673k
Blend (final) Blend
$915k
Owner & transaction history
Two Weeks LLC · 8 yrs held
Two Weeks LLC
since 2018
1 recorded transaction
2018
$650,000
Zoning & alternative use
C · Parkesburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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