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Property profile & analytics
FOR LEASE
Manufacturing properties

234 Lott Rd Pittsburgh, PA 15235

53.21 ac lot
Entity Owned 24-yr Hold Free & Clear
Property ID
US73-1176017
234 Lott Rd, Pittsburgh, PA 15235 For Lease
Contact for pricing
234 Lott Rd, Pittsburgh, PA 15235
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Property summary
AI-generated overview

This exceptional 14-acre parcel of flat land in Pittsburgh, PA, presents a unique opportunity for industrial or commercial development. Located at 234 Lott Road, Allegheny County, the property is zoned for light manufacturing, offering significant potential for various uses. Utilities are available upon request, and common area services, including snow removal, are provided. The site boasts an existing equipment storage area and benefits from the presence of a 24/5 adjacent tenant with security equipment, ensuring a secure and active environment. The property's strategic location offers easy access to major transportation arteries, being approximately 3 miles from both the Pennsylvania Turnpike/Interstate 76 and Interstate 376. Nearby established industrial tenants include FedEx, Snyder/Lance Warehouse, Tyler Mountain Water, East Penn Manufacturing, and DRV Inc., highlighting the area's strong industrial presence and potential for synergy. This is an ideal location for businesses seeking a well-situated, readily accessible, and secure industrial site in a thriving industrial area of Pittsburgh. The single-tenancy lot provides ample space for expansion and customization, making it an attractive proposition for a variety of industrial and commercial ventures. The 15235 zip code further underscores the property's convenient location within a well-established industrial corridor.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 53.21 ac (2,317,714 SF)
APN 635-L-227
UPID US73-1176017
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
  • Gupta Global Industrial Manufacturer Production Facility
  • diamondLife Factory Production Facility
  • Gupta Permold Corporation Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gupta Permold Corp · 24 yrs held
Gupta Permold Corp
since 2001
4 recorded transactions
2023
Price N/A
2018
Price N/A
2001
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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