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    Property profile & analytics

    981 Old Brick Rd West Alexander, PA 15376

    • Commercial real estate
    • 17.83 lot acres
    For Sale
    View listing
    $4,750,000
    Value Estimation
    Location Intelligence
    Property ID
    US73-3751934
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 981 Old Brick Rd

    Lot size
    17.83 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 17.83 to 25.9-acre commercial and industrial land parcel presents a unique investment opportunity in West Alexander, Pennsylvania. Strategically located at the end of the I-70 ramp, this site boasts a zero-turn radius for unparalleled accessibility. The property features a completed rough grading and an approved final grading permit, with an estimated 12-13 flat acres available post-grading. Existing improvements include an 1800 sq. ft. fabric building. Utilities are readily available, including electricity, water, and cable on-site, with sewer and gas at the street. Stormwater infrastructure is already installed. This location offers exceptional visibility and accessibility, benefiting from its proximity to the Pennsylvania Turnpike, Pittsburgh, and Columbus, Ohio. It's also a mere ten-minute drive from the Highlands Mega shopping district. The site sits on one of Pennsylvania's busiest roadways, I-70, experiencing a 2022 Daily Vehicle Miles of Travel (DVMT) of 3,510,405. The property is currently leased, with the lease including inflation adjustments. The current lease, covering approximately 3.3 acres, generates a pro-forma NOI of $85,000 and a pro-forma cap rate of 1.79%. However, projections based on applying the existing lease rate to the 12+ improved acres (prior to completing remaining earthwork) indicate a significantly higher cap rate exceeding 8%. Note that there is no zoning on the property. An Energy Community Tax Credit Bonus may also be available. Further details are available upon request. A drone video showcasing the property is available online.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Alexander
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.506185444164
    Latitude
    40.101121122402

    Comparable in this City

    • $165,000
      7.59 Acres

      West Alexander Farm - 7.5 Acres

      Prime agricultural land, barn, stunning views.
      29 Alexander Loop, West Alexander, PA 15376
      View Details
    • Contact for pricing

      Industrial Land with Build Options

      9.5 acre industrial land with build-to-suit options available.
      48-50 Greaves Rd, West Alexander, PA 15376
      View Details
    • Contact for pricing
      92 SF

      24 Acres Industrial Outside Storage

      24 acres of flat industrial land for outside storage.
      801 Old Brick Rd, West Alexander, PA 15376
      View Details

    Similar Nearby for Sale

    • $165,000
      7.59 Acres

      West Alexander Farm - 7.5 Acres

      Prime agricultural land, barn, stunning views.
      29 Alexander Loop, West Alexander, PA 15376
      View Details
    • Contact for pricing

      Industrial Land with Build Options

      9.5 acre industrial land with build-to-suit options available.
      48-50 Greaves Rd, West Alexander, PA 15376
      View Details
    • Contact for pricing
      92 SF

      24 Acres Industrial Outside Storage

      24 acres of flat industrial land for outside storage.
      801 Old Brick Rd, West Alexander, PA 15376
      View Details
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    West Alexander, PA 15376
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    Realmo Value Estimation

    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.

    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.

    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
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