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Property profile & analytics
OFF-MARKET
Industrial properties

243 Berlin Plank Rd Berlin, PA 15530

11.47 ac lot Built 1993
Entity Owned 13-yr Hold Free & Clear
Property ID
US73-4239363
Property summary
AI-generated overview

This exceptional 11.47-acre industrial property, located at 243 Berlin Plank Road in Berlin, PA, presents a remarkable investment opportunity. The property features a substantial 7,589 square foot pole building, offering versatile space adaptable to a wide range of commercial uses. Its strategic location between Berlin and Somerset, with close proximity to Route 219, ensures excellent accessibility and visibility. The existing trailer on the site, previously utilized as a scale house, could easily be repurposed as an office or other support structure. Ample parking space is available, accommodating both employees and customers. The property's expansive acreage provides significant room for expansion or future development. While previously used as a scrap yard, this use is strictly prohibited under new ownership. This presents a blank canvas for entrepreneurs seeking a location with substantial space and convenient access. The property's size and location make it ideal for various businesses, from warehousing and distribution to light manufacturing or outdoor storage (excluding scrap yard operations). The existing structures provide a solid foundation for immediate occupancy and operation, minimizing upfront investment costs. This is a rare opportunity to acquire a large, well-situated industrial property with significant potential for growth and profitability. The asking price is $400,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1993
Lot 11.47 ac (499,764 SF)
APN S08-004-032-002
UPID US73-4239363
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lands Of Somerset LLC · 13 yrs held
Lands Of Somerset LLC
since 2012
1 recorded transaction
2012
$345,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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