1611 Freeport RdNatrona Heights, PA 15065

Property Details for 1611 Freeport Rd

Lot size

0.31 AC

Property type

Retail properties

Property subtype

Gas stations

APN

1519-K-34

APU

1519K34

Description

This exceptional 0.315-acre commercial lot in Natrona Heights, Pennsylvania, presents a unique investment opportunity. Located on Freeport Road, it boasts 105 feet of frontage, ensuring high visibility to over 17,000 vehicles daily. Its prime location is adjacent to a Dairy Queen and surrounded by established residential neighborhoods, providing consistent foot traffic and convenient access. Previously a gas station, the property has had its underground storage tanks removed. The flexible commercial zoning allows for diverse development options, including retail, restaurants, or office spaces. This property offers a strategic investment in a growing community with seamless connectivity to nearby areas and a strong local customer base. The asking price is $550,000. The Allegheny County property is zoned commercial and has a 15065 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $4,297,726

  6.5%

  $3,967,132

  7%

  $3,683,765

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,526,954

  Geo Method

  $6,904,240

• Alternative Use

  Use

  Valuation

  Residential

  $3,346,424

  Hospitality

  $3,065,306

  Educational

  $2,550,299

  Medical

  $2,638,008

  Retail

  $3,967,132

Location Insight

City

Natrona Heights

County

Allegheny

State

Pennsylvania

Latitude

40.6217

Longitude

-79.7283

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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