Property profile

77 Glade Dr 87 Kittanning, PA 16201

OFF-MARKET
Warehouses
Property ID
US73-0950319
30,120 SF 3.51 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 30,000-square-foot commercial property, located at 77 Glade Drive in Kittanning, Pennsylvania, offers a unique blend of office and industrial space. Situated in the West Hills Industrial Park of East Franklin Township, this single-story building boasts a flexible layout, perfect for a variety of uses. With 21,000 square feet currently vacant, this property presents an immediate opportunity for lease. The building features a clear span beam construction, allowing for seamless customization and expansion, with the possibility of combining multiple units due to the absence of load-bearing walls. The high ceilings (20+ feet), two loading docks, two dock-high doors, and ample parking (130 spaces) make it ideal for various businesses, including flex office space, medical facilities, educational centers, or warehouse operations. The property includes 110 and 3-phase power, catering to businesses with significant equipment needs. High visibility from Route 422 and proximity to amenities (1.5 miles to shops and restaurants) add to its appeal. The property is zoned commercial and has a 3.512-acre lot. The building was constructed in 2000 and is classified as Class B. The Armstrong County location, with APN 12-0-65000, offers a strategic advantage. Taxes are $1.09 per square foot. Currently, the building houses Armstrong Orthopedics and Lutheran Senior Life. The property's previous tenants included a hospital imaging center, a community learning center, and a medical equipment sales company, demonstrating its versatility. All information is deemed reliable but not guaranteed

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Total area 30,120 SF
Lot 3.51 ac (152,983 SF)
APN 12-0-065000
UPID US73-0950319

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

77 Glade Dr, Unit 87 Kittanning, PA 16201-7140
Kittanning metro Census 950500 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.29M
Comparable Approach Comparable
$3.40M
Blend (final) Blend
$650k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $2.4M +14.2%
Auto repair, garage $2.3M +13.3%

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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