1038 15th St, Franklin, PA 16323-2109
This exceptional 12,350-square-foot industrial warehouse, located at 1038 15th Street in Franklin, Pennsylvania, presents a unique investment opportunity. Classified as a Class B property, this single-tenant building boasts a flexible design suitable for warehouse, distribution, or flex space uses, as reflected in its B-1 zoning. Constructed in 1966, the building is surprisingly well-maintained and features radiant heat, energy-efficient LED lighting, and superior insulation, contributing to significant operational cost savings. The property offers more than adequate parking for employees and clients. Access is facilitated by conveniently located overhead doors. The building's impressive 597-foot frontage provides excellent visibility and accessibility. The building's history as a former armory speaks to its robust construction and enduring quality. A security deposit will be determined upon negotiation. The property's CO-INDEX is 26,007-003-000. This is a must-see property for discerning investors seeking a well-maintained, functional industrial space in a prime Franklin location. The property is situated on a single story, offering ease of access and efficient workflow.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.