Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    629 E Butler Rd Butler, PA 16002
    Back to Search
    Property profile & analytics

    629 E Butler Rd, Butler, PA 16002

    View on Map
    • Industrial properties
    • 13.64 lot acres
    For Lease
    View Listing →
    Industrial Property with Easy Access For Lease
    Contact for pricing
    10,000 SF

    Industrial Property with Easy Access

    Industrial property with office space, warehouse, and manufacturing potential.

    629 E Butler Rd, Butler, PA 16002
    View Listing
    Property ID
    US73-0093838
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • North American Steel and Wire Inc / Industrial Manufacturer / Production Facility
    • ISM Enterprises / Industrial Manufacturer / Production Facility

    Property Details for 629 E Butler Rd

    Lot size
    13.64 lot acres
    Property type
    Industrial properties
    APN
    290 2F18 14H0000
    APU
    2902F1814H0000

    Description

    This exceptional 200,000-square-foot distribution center is strategically located at 629 E Butler Rd, Butler, PA 16002, in Butler County. The property sits on a generous 13.64-acre lot and features a single, well-maintained building with ample parking for 200 vehicles. The building is zoned for industrial use and boasts two dock-high loading doors, facilitating efficient loading and unloading operations. The interior offers versatile space ideal for various distribution needs, including approximately 10,000 square feet of limited warehouse space suitable for manufacturing or storage. Multiple configurations are possible for office and conference room setups to accommodate diverse business requirements. This prime location provides easy access to major transportation arteries, including Route 422 and the interchanges of I-79 and I-80, ensuring seamless logistics and distribution capabilities. The property's APN is 290-2F18-14H0000. The asking price is undisclosed. This is a rare opportunity to acquire a substantial industrial property in a high-demand location. Contact us today to learn more.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Butler
    State
    Pennsylvania
    Longitude
    -79.872
    Latitude
    40.8667
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,528
    $21,600
    $207,900
    $229,500
    -
    $0.00
    $229,500
    $229,500

    Comparable in this City

    • Value Estimation by Request
      2.30 Acres

      690 Butler Rd

      INDUSTRIAL (GENERAL)
      690 Butler Rd, Butler, PA 16002-9128
      View Details
    • Value Estimation by Request
      45.95 Acres

      Herman Rd

      INDUSTRIAL (GENERAL)
      Herman Rd, Butler, PA 16002
      View Details
    • Value Estimation by Request
      39.32 Acres

      154 Eastbrook Ln

      INDUSTRIAL (GENERAL)
      154 Eastbrook Ln, Butler, PA 16002-1024
      View Details
    • Value Estimation by Request
      76.42 Acres

      150 Eastbrook Ln

      INDUSTRIAL (GENERAL)
      150 Eastbrook Ln, Butler, PA 16002-1024
      View Details
    • Value Estimation
      $4,045,000
      7.86 Acres

      615 Butler Rd

      INDUSTRIAL (GENERAL)
      615 Butler Rd, Butler, PA 16002-9127
      View Details
    • Value Estimation by Request
      281.00 Acres

      Hicks Rd

      Land
      0 Hicks Rd, Renfrew, PA 16002
      View Details

    Similar Nearby for Sale

    • $6,500,000

      Industrial Property with Rail Access

      Industrial property with heavy power, cranes, and rail access.
      629 E Butler Rd, Butler, PA 16002
      View Details
    • Contact for pricing
      200,000 SF

      Industrial Property East of Butler

      Industrial property with easy access to major routes and ample parking.
      629 E Butler Rd, Butler, PA 16002
      View Details
    • $6,500,000

      Industrial Property with Rail Access

      Manufacturing/warehouse property with heavy power, cranes, and rail access.
      629 E Butler Rd, Butler, PA 16002
      View Details
    • $545,000
      Pending

      Income-Producing Mixed-Use Property For Sale

      Mixed-use property with long-term tenants, solid cash flow.
      668 Pittsburgh Rd, Butler, PA 16002
      View Details
    • $800,000
      5.02 Acres

      High-Traffic Butler Commercial Land

      5-Acre Commercial Property, High Visibility
      797 Bonniebrook Rd, Butler, PA 16002
      View Details
    • $298,000

      Route 8 Corner Commercial Lot

      Corner lot on Route 8 with high traffic count.
      298 Pittsburgh Rd, Butler, PA 16002
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse Space Available For Lease

      Multi-tenant warehouse space available for lease with easy highway access.
      107 Bonnie Dr, Butler, PA 16002
      View Details
    • Contact for pricing

      Warehouse Space with Highway Access

      Multi-tenant warehouse space available with easy highway access.
      107 Bonnie Dr, Butler, PA 16002
      View Details
    • Contact for pricing

      Industrial Property with Easy Access

      Industrial property with office space, warehouse, and manufacturing potential.
      629 E Butler Rd, Butler, PA 16002
      View Details
    • Contact for pricing
      48,000 SF

      Warehouse Space with Highway Access

      Multi-tenant warehouse space available with docks and ample parking.
      107 Bonnie Dr, Butler, PA 16002
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent at 629 E Butler Rd.
      629 E Butler Rd, Butler, PA 16002
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    629 E Butler Rd
    Butler, PA 16002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    629 E Butler Rd, Butler, PA, 16002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!