298 Cemetary RdMeyersdale, PA 15552

  • Mixed-use properties
  • 3.25 AC
For Sale
$1,990,000 View listing

Property Details for 298 Cemetary Rd

Year built
2003
Lot size
3.25 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
S46-009-018-003
APU
S46009018003

Description

This expansive 7,942 square foot industrial warehouse, situated on a 5.34-acre lot in Meyersdale, Pennsylvania, presents a unique opportunity for businesses seeking efficient and versatile space. The property boasts a 100x100 foot footprint, meticulously designed for optimal functionality. Features include eight garage bays, one of which is a wash bay, providing ample space for vehicle maintenance and loading/unloading operations. An underground pit facilitates seamless access for repairs and maintenance. The warehouse also includes truck scales for precise weight measurements of incoming and outgoing shipments. Heated floors ensure optimal working conditions year-round. Significant office space is incorporated into the design, enhancing operational efficiency. The property's prime location offers convenient access to major transportation routes, making it ideal for distribution, manufacturing, or storage operations. The building's design and features are well-suited to a variety of industrial needs, offering a space to elevate operations and maximize productivity. The property also includes a separate residential component, detailed in the original listing, which is not included in the industrial property price.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $33,695,112
    6.5%
    $31,103,180
    7%
    $28,881,524
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,305,506
    Geo Method
    $28,305,506
  • Alternative Use

    Use
    Valuation
    Residential
    $38,567,944
    Hospitality
    $35,328,028
    Educational
    $29,392,504
    Medical
    $30,403,358
    Retail
    $45,721,672
298 Cemetary Rd, Meyersdale, Pennsylvania

Location Insight

City
Meyersdale
County
Somerset
State
Pennsylvania
Latitude
39.8165
Longitude
-79.0651
CBSA code
43740
CBSA name
SOMERSET, PA MICROPOLITAN 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
$7,217
-
-
$164,030
-
$35,750
$292,290
$328,040

FAQs

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