210 9Th StGlassport, PA 15045

  • Retail properties
  • 1.79 AC
For Lease
$20/SF/YR View listing

Property Details for 210 9Th St

Lot size
1.79 AC
Property type
Retail properties
Property subtype
Drug stores
APN
558-K-55
APU
558K55

Description

This exceptional 14,560-square-foot free-standing retail building is situated on a generous 1.79-acre lot in Glassport, Pennsylvania, Allegheny County. The property boasts a prime location at the intersection of 9th Street and Glassport-Elizabeth Road, experiencing approximately 10,000 vehicles per day. Its strategic placement offers easy access to a substantial customer base, being just a 10-minute drive south of Pittsburgh and conveniently close to major employers such as the US Steel Corporation – Irvin Works and South Allegheny Middle/High School. Currently vacant, this single-tenant building presents a unique opportunity for a variety of businesses seeking to establish a presence in the thriving Pittsburgh market. The expansive space is ideal for convenience stores, medical facilities, retail operations, or office uses. The property's size and location make it an attractive investment for businesses looking to expand their reach in this dynamic area. With its high visibility and convenient access, this property offers significant potential for growth and profitability. The 1.79-acre lot provides ample space for potential expansion or future development. The property's address is 210 9th Street, Glassport, PA 15045. This is a rare opportunity to acquire a substantial commercial property in a desirable location with high traffic volume.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,356,732
    6.5%
    $25,252,368
    7%
    $23,448,628
  • Comparable approach

    Method
    Valuation
    Relative Method
    $39,395,936
    Geo Method
    $39,395,936
  • Alternative Use

    Use
    Valuation
    Residential
    $21,301,316
    Hospitality
    $19,511,892
    Educational
    $16,233,665
    Medical
    $16,791,966
    Retail
    $25,252,368
210 9Th St, Glassport, Pennsylvania

Location Insight

City
Glassport
County
Allegheny
State
Pennsylvania
Latitude
40.3207
Longitude
-79.892
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
$142,859
$448,800
$2,711,800
$3,160,600
-
$448,800
$2,711,800
$3,160,600

FAQs

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