1101 5Th AveCoraopolis, PA 15108

Property Details for 1101 5Th Ave

Lot size

0.17 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

342-E-217

APU

342E217

Description

This exceptional 7,501 square foot executive office building presents a remarkable investment opportunity in the thriving heart of Coraopolis, Pennsylvania. Located at 1101 5th Ave, this well-maintained brick building boasts a desirable location with high traffic volume, ensuring excellent visibility and accessibility. Constructed in 1967, the property sits on a 0.172-acre lot and is zoned MED. Currently configured as two separate dental offices, the building offers significant flexibility for a variety of uses. One side comprises 22 rooms, while the other features 10 rooms, providing ample space for various configurations. The asking price is $399,900, translating to a price per square foot of $53.31. This presents a compelling opportunity for investors seeking a strong return on investment in a prime commercial location. The building's solid construction and central location, combined with its substantial size and adaptable layout, make it an ideal prospect for both established businesses and entrepreneurial ventures. The property's potential is further enhanced by its existing infrastructure and the high volume of traffic in the area. Don't miss this chance to acquire a valuable asset in a dynamic and growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,426,328

  6.5%

  $1,316,611

  7%

  $1,222,567

• Comparable approach

  Method

  Valuation

  Relative Method

  $701,550

  Geo Method

  $701,550

• Alternative Use

  Use

  Valuation

  Residential

  $1,632,598

  Hospitality

  $1,495,450

  Educational

  $1,244,197

  Medical

  $1,286,987

  Retail

  $1,935,418

Location Insight

City

Coraopolis

County

Allegheny

State

Pennsylvania

Latitude

40.517

Longitude

-80.1624

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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