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Property profile & analytics
OFF-MARKET Estimated value $10,185,000
Warehouses

1605 Old Rte 18 Wampum, PA 16157-3417

2,500,000 SF 7 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-3388367
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 2,500,000 SF
Lot 7 ac (304,920 SF)
APN 17-054700
UPID US73-3388367
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
  • Homak Manufacturing Industrial Manufacturer Production Facility
  • Romar Textile Co (Bike/Boat/Book/etc) Store
  • HMC Financing LLC Financial Advisor
  • Access - Scanning, Records Storage, and Document Management Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.19M
Owner & transaction history
Wampum Property Owner LLC · 5 yrs held
Wampum Property Owner LLC
since 2020
Last sale
$9.8M
7 recorded transactions
2022
Price N/A
2020
$9.8M
2017
Price N/A
2016
Price N/A
2012
$100,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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