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INDUSTRIAL 6124 Potters 32,293 SF Industrial Building Plumsteadville, PA 18949 For Sale

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EXECUTIVE SUMMARY

The Investment Sales team of Avison Young extends to qualified purchasers the opportunity to acquire 6124 Potters Lane in Pipersville, PA (the “property”). The offering features a 32,293 square foot industrial building situated on 37.3 acres, zoned LI- Light Industrial District, which permits a variety of industrial uses including outdoor storage.
Originally built in 1977, 6124 Potters Lane most recently housed a school bus part manufacturer and distributor. The property is equipped with four dock doors, two drive-in doors, 14’ – 18’ clear ceiling heights, and 3-phase electric. Comparable industrial properties in the market are achieving rental rates ranging from $8-10 per square foot (NNN), with CoStar projecting a 5.4% increase in industrial rents over the next 12 months.
6124 Potters Lane is strategically located in Bucks County, which is known as the best industrial market in the Philadelphia MSA. Positioned directly between Township Line Road and Swamp Road, just 0.7 miles from Route 611 (Easton Road), the property offers convenient access to Philadelphia, Allentown, New York and Delaware.
6124 Potters Lane provides investors or users the opportunity to acquire a functional industrial building in a high demand market (2.6% vacancy rate), below replacement cost. Additionally, with roughly 15% of the 37.3 acre site being utilized, the property is primed for additional income through further building expansion or industrial outdoor storage use.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 24.79 AC
Rentable Building Area 32,293 SF
No. Stories 1
Year Built/Renovated 1977/1999
Tenancy Single
Zoning I

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-004-014
Land Assessment
$99,170
Improvements Assessment
$88,450
Total Assessment
$187,620
  • Listing ID: 28731870

  • Date on Market: 6/12/2023

  • Last Updated:

  • Address: 6124 Potters, Plumsteadville, PA 18949

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