298 Cemetary RdMeyersdale, PA 15552
- Mixed-use properties
- 3.25 AC
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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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