108 Simpson Howell RdElizabeth, PA 15037

  • Specialty properties
  • 0.80 AC
For Sale

Property Details for 108 Simpson Howell Rd

Lot size
0.80 AC
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
1130-L-166
APU
1130L166

Description

This exceptional 0.8-acre parcel of land presents a unique opportunity for investors and developers seeking a prime location in Elizabeth, Pennsylvania. Situated at 108 Simpson Howell Road, this property offers significant potential for various development projects. The expansive lot size provides ample space for a range of uses, subject to local zoning regulations. Its location in Elizabeth offers convenient access to local amenities, transportation routes, and a growing community. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built project tailored to specific needs. This blank canvas presents a rare chance to shape the future of a valuable piece of land. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, permitted uses, and potential development costs. The property is being offered as-is, where-is, and the price is negotiable. Serious inquiries only. This is an exceptional opportunity to acquire a strategically located land parcel in a desirable area with significant upside potential. The seller is motivated and open to reasonable offers. Don't miss this chance to secure a piece of Elizabeth's future. Further information regarding utilities and access is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,107,562
    6.5%
    $7,483,904
    7%
    $6,949,339
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,012,636
    Geo Method
    $8,012,636
  • Alternative Use

    Use
    Valuation
    Residential
    $9,493,647
    Hospitality
    $8,696,130
    Educational
    $7,235,078
    Medical
    $7,483,904
    Retail
    $11,254,566
108 Simpson Howell Rd, Elizabeth, Pennsylvania

Location Insight

City
Elizabeth
County
Allegheny
State
Pennsylvania
Latitude
40.2718
Longitude
-79.8374
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
$3,551
$42,600
$57,400
$100,000
-
$42,600
$57,400
$100,000

FAQs

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