401 Locust StCoraopolis, PA 15108

  • Office buildings
  • 0.16 AC

Property Details for 401 Locust St

Lot size
0.16 AC
Property type
Office buildings
APN
419-C-378
APU
419C378

Description

This exceptional commercial property, located at 401 Locust Street in Coraopolis, Pennsylvania, presents a unique investment opportunity. Situated on a conveniently sized 0.16-acre lot, the building offers significant potential for a variety of office uses. While the precise square footage is currently unavailable, the property's location within the vibrant Coraopolis business district ensures high visibility and accessibility. The address itself provides excellent street presence, attracting potential clients and employees alike. This presents a blank canvas for a discerning buyer to customize and develop to their specific needs. The property's prime location offers easy access to major transportation routes, facilitating seamless commutes for staff and clients. The absence of a listed price allows for flexible negotiations, making this an attractive proposition for investors seeking a strategic acquisition in a thriving market. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and potential for renovation or expansion are available upon request. Don't miss this chance to secure a valuable asset in a desirable location. Act quickly to capitalize on this promising investment opportunity in Coraopolis.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,297,959
    6.5%
    $1,198,116
    7%
    $1,112,536
  • Comparable approach

    Method
    Valuation
    Relative Method
    $638,410
    Geo Method
    $638,410
  • Alternative Use

    Use
    Valuation
    Residential
    $1,485,664
    Hospitality
    $1,360,860
    Educational
    $1,132,220
    Medical
    $1,171,158
    Retail
    $1,761,230

Location Insight

City
Coraopolis
County
Allegheny
State
Pennsylvania
Latitude
40.5209
Longitude
-80.1713
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
$5,800
$15,000
$120,000
$135,000
-
$15,000
$120,000
$135,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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