213 8Th AveHomestead, PA 15120

Property Details for 213 8Th Ave

Lot size

0.06 AC

Property type

Turn key restaurants

APN

130-N-88

APU

130N88

Description

This exceptional investment opportunity presents a 0.05-acre office building located at 213 E 8th Ave in the thriving city of Homestead, Pennsylvania. The property's address is strategically positioned within Homestead, offering convenient access to local amenities and major transportation routes. While the precise square footage is currently unavailable, the 0.05-acre lot size presents significant potential for development or expansion. The building's current configuration is ideal for a variety of office uses, making it an attractive prospect for both established businesses and startups seeking a foothold in a dynamic market. The property is being offered at a price to be determined, reflecting its significant potential for return on investment. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs and to determine a fair market value. This is a rare opportunity to acquire a well-situated office property in a growing area, offering considerable upside for the discerning investor. The absence of a listed price allows for flexible negotiations and a tailored transaction to meet the buyer's requirements. Serious inquiries are welcome and encouraged to explore this promising investment opportunity further. The property's location and size make it a compelling option for those seeking a strong foothold in the Homestead commercial real estate market. Further details regarding the building's interior and structural features will be provided upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $962,156

  6.5%

  $888,144

  7%

  $824,706

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,385,584

  Geo Method

  $1,385,584

• Alternative Use

  Use

  Valuation

  Residential

  $749,183

  Hospitality

  $686,248

  Educational

  $570,950

  Medical

  $590,586

  Retail

  $888,144

Location Insight

City

Homestead

County

Allegheny

State

Pennsylvania

Latitude

40.4051

Longitude

-79.914

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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