433 State AveVanport, PA 15009

  • Office buildings
  • 4,926 SF
For Lease
$18/SF/YR View listing

Property Details for 433 State Ave

Year built
1985
Construction
FRAME
Lot size
0.20 AC
Property size (Sq ft)
4,926 SF
Property type
Office buildings
APN
54-006-0710.000
APU
540060710000

Description

This exceptional 2,400 square foot office building, situated on a 0.2-acre lot at 433 State Avenue in Vanport, Pennsylvania, presents a fantastic leasing opportunity. Built in 1985 and extensively renovated in 2020, this Class C property offers a blend of modern amenities and classic charm. The single-tenant space boasts 1,400 square feet of readily available space, perfect for a variety of businesses. The layout includes a spacious reception area, a well-equipped kitchen, ample storage, and five private offices, providing flexibility for diverse operational needs. The building features fifteen parking spaces in a paved and striped lot, ensuring convenient access for clients and employees. Its prime location offers easy access to I-376 and downtown Beaver, enhancing visibility and accessibility. A prominent signboard allows for effective business branding. The property is zoned C and benefits from a full-service lease, with all utilities included in the rent

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $936,813
    6.5%
    $864,750
    7%
    $802,982
  • Comparable approach

    Method
    Valuation
    Relative Method
    $460,778
    Geo Method
    $460,778
  • Alternative Use

    Use
    Valuation
    Residential
    $1,072,290
    Hospitality
    $982,212
    Educational
    $817,189
    Medical
    $845,293
    Retail
    $1,271,182

Location Insight

City
Beaver
County
Beaver
State
Pennsylvania
Latitude
40.6843
Longitude
-80.3292
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
$26,553
$24,750
$231,950
$256,700
-
$49,500
$463,900
$513,400

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