7500 University BlvdCarnot-Moon, PA 15108

Property Details for 7500 University Blvd

Lot size

18.55 AC

Property type

Retail properties

Property subtype

Other retail properties

APN

698-G-196

APU

698G196

Description

This exceptional 1.24-acre commercial land parcel presents a prime development opportunity in Coraopolis, Pennsylvania. Located at 7500 University Boulevard, the property boasts approximately 120 feet of frontage on Broadhead Road, providing excellent visibility and accessibility. The site benefits from signalized intersections on both University Boulevard and Broadhead Road, ensuring convenient access for customers and employees. Its strategic location offers significant advantages, situated just half a mile from Robert Morris University, creating a strong potential customer base. Furthermore, the property enjoys convenient access to major transportation arteries, being less than five minutes from the I-376 Business interchange and a 24-minute drive to Downtown Pittsburgh. The property is zoned for commercial use (Commerical zoning, APN 698-G-210) and presents a rare opportunity for businesses seeking high visibility and convenient access in a thriving area. This exceptional location, combined with its size and accessibility, makes this land parcel an ideal investment for a variety of commercial ventures. The property's proximity to a major university and a significant highway interchange ensures high traffic volume and strong potential for business success. Serious inquiries are encouraged to explore the possibilities of this outstanding commercial land offering. Contact for pricing.

• CAP approach

  CAP return

  Valuation

  6%

  $225,845,376

  6.5%

  $208,472,656

  7%

  $193,581,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $190,429,168

  Geo Method

  $190,429,168

• Alternative Use

  Use

  Valuation

  Residential

  $175,854,480

  Hospitality

  $161,081,760

  Educational

  $134,018,128

  Medical

  $138,627,216

  Retail

  $208,472,656

Location Insight

City

Coraopolis

County

Allegheny

State

Pennsylvania

Latitude

40.5161

Longitude

-80.2237

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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