640 Alpha DrPittsburgh, PA 15238

  • Industrial properties
  • 2.50 AC
For Sale
$4,250,000 View listing

Property Details for 640 Alpha Dr

Lot size
2.50 AC
Property type
Industrial properties
Property subtype
Other warehouses
APN
226-M-60
APU
226M60

Description

This exceptional 43,659-square-foot industrial warehouse, located within the RIDC Industrial Park at 640 Alpha Drive, Pittsburgh, PA 15238, presents a compelling investment opportunity. The property boasts a robust masonry exterior over a structural steel framing system, offering durability and longevity. The warehouse features an impressive 18-foot clear height, providing ample vertical space for various operational needs. Power is supplied by a substantial 600 amp, 480-volt, 3-phase service. Loading and unloading are facilitated by two exterior dock-high doors, one equipped with a leveler, and four convenient drive-in doors. The property includes gas-forced heating units within the warehouse and manufacturing areas, ensuring comfortable year-round operation. Employee convenience is addressed with restrooms located in both the office and warehouse areas. Ample parking is available with approximately 45 paved spaces. This strategically located property offers immediate access to Route 28, sits five miles southwest of I-76, and is less than eight miles from Pittsburgh's central business district. The warehouse area is fully sprinklered for enhanced safety. The property is currently vacant and offered for sale at $4,250,000 with a NNN lease type. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Pittsburgh market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,859,024
    Hospitality
    $25,518,716
    Educational
    $21,231,272
    Medical
    $21,961,448
    Retail
    $33,026,424
640 Alpha Dr, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.5058
Longitude
-79.8695
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
$43,191
$374,600
$1,104,800
$1,479,400
-
$374,600
$1,104,800
$1,479,400

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