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Property profile & analytics
OFF-MARKET Estimated value $695,000
Manufacturing properties

324 Washington St Walnutport, PA 18088-1453

13,529 SF 0.19 ac lot Built 1922
Individually Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US73-2380127
Property summary
AI-generated overview

This exceptional industrial property, located at 324-326 Washington Street in Walnutport, Pennsylvania, presents a compelling investment opportunity. The combined buildings offer a substantial 29,657 square feet of space, distributed across two stories. Currently zoned 33I, this versatile property is well-suited for a variety of uses, including distribution, manufacturing, and warehousing. The asking price is $525,000, translating to a price per square foot of $17.70. Situated in Walnutport, Northampton County, PA (zip code 18088), this strategically located property offers easy access to key transportation routes and infrastructure. The property's size and adaptability make it ideal for businesses seeking expansion or investors looking for a strong return. Potential uses include continued operation as a warehouse or manufacturing facility, or even conversion into loft apartments, subject to local zoning regulations. Interested parties should independently verify zoning and permitted uses with the Walnutport borough. This property represents a rare opportunity to acquire a significant industrial asset in a desirable location. The property's size and flexibility offer considerable potential for future growth and profitability. Don't miss this chance to secure a prime piece of industrial real estate in Walnutport, Pennsylvania.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1922
Total area 13,529 SF
Lot 0.19 ac (8,338 SF)
Zoning code I
APN J2SW1B 2 7 1033
UPID US73-2380127
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
by Request
Comparable Approach Comparable
$672k
Blend (final) Blend
$695k
Owner & transaction history
Leon F Borger · 22 yrs held
Leon F Borger
since 2004
1 recorded transaction
2004
$129,837
Zoning & alternative use
I · Walnutport, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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