11055 Parker Dr Irwin, PA 15642-1634
Property profile & analytics
11055 Parker Dr Irwin, PA 15642-1634
- Industrial properties
- 28,500 SF
- 9.30 lot acres
Property ID
US73-1850114
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.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 11055 Parker Dr
- Year built
- 1998
- Lot size
- 9.30 lot acres
- Property size
- 28,500 SF
- Property type
- Industrial properties
- APN
- 54-06-06-0-259
- APU
- 5406060259
Description
This exceptional investment opportunity presents a 39,000-square-foot, multi-tenant industrial building situated in Westmoreland County Industrial Park IV, Irwin, PA. Built in 2013, this single-story structure sits on a 9.3-acre lot, offering ample space for expansion or outdoor storage. The property boasts 100% occupancy with a strong NOI of $245,210, resulting in a 7.43% cap rate. The asking price is $3,300,000, or $1,100,000 per unit. Featuring eight loading docks and a 16-foot ceiling height, the building is ideally suited for distribution, warehouse, and manufacturing uses. The property includes 44 parking spaces and benefits from long-term leases with credit-rated tenants, including rent bumps. The permitted zoning is industrial, and the property's location within the established Westmoreland County Industrial Park IV provides excellent access to transportation and infrastructure. This is a core investment opportunity with a proven track record of strong performance and significant upside potential. The property's features, combined with its prime location and strong tenant base, make it an attractive investment for discerning buyers seeking a stable, high-yielding asset. The APN is 54-06-06-0-259. This is a NNN lease.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,829,000
Market price range: $885k - $2.67M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,905,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Irwin
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.7724
- Latitude
- 40.3338
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN 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
2024
$28,351
$36,300
$189,010
$225,310
-
$36,300
$189,010
$225,310
