Property profile

233 Northpointe Blvd Freeport, PA 16229

OFF-MARKET
Office Spaces
Property ID
US73-2925591
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Property summary

AI-generated overview

This exceptional 30,000 square foot coworking space is ideally situated within the RIDC Armstrong Innovation Park, conveniently located at the intersection of PA Route 28 and Exit 18. The property boasts a single-tenant occupancy and offers unparalleled access to major transportation arteries, placing it just 33 miles south of Pittsburgh and 11 miles north of Kittanning. All essential public utilities are readily available on-site. The location is zoned PRD, Mixed-Use, allowing for a diverse range of uses including light industrial, commercial, office, and warehousing. This presents a unique opportunity for businesses seeking a modern, functional workspace in a strategic location. For expansion-minded companies, the park also offers pad-ready sites ranging from 3.46 to 21 acres, providing ample room for future growth. It's important to note that development of these sites will require adherence to local regulations, including the installation of storm water detention, obtaining NPDES permits, and constructing a pump station. The property is located in South Buffalo Township, Armstrong County, Pennsylvania, offering a blend of accessibility and a thriving business environment. This is a rare chance to secure a substantial, well-located coworking space with significant expansion potential.

Property profile

Verified
Property type Office Spaces
UPID US73-2925591

Cap rate & NOI

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

Location

233 Northpointe Blvd Freeport, PA 16229
Freeport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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