3033 Banksville RdPittsburgh, PA 15216

  • Turn key restaurants
  • 0.54 AC
For Lease
$264/SF/YR View listing

Property Details for 3033 Banksville Rd

Lot size
0.54 AC
Property type
Turn key restaurants
APN
63-F-129
APU
63F129

Description

This exceptional retail space, located at 3033 Banksville Rd in Pittsburgh, PA 15216, offers 3,000 square feet of move-in ready space within a larger 5,000 square foot building. The property boasts an open floor plan, ideal for a variety of businesses. Previously used as a retail warehouse, the space underwent renovations in 2017. Benefit from its high visibility, situated in an end unit location with over 20,000 cars passing daily. The single-tenant building sits on a 0.3-acre lot (23,639 square feet) and includes 15 off-street parking spaces. The property features one story and no elevators. The APN is 0063-F-00129-0000-00. This is a fantastic opportunity for a business seeking high visibility and ample parking in a bustling Pittsburgh location. The property is classified as retail, with previous uses including convenience store and daycare. This versatile space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,281,780
    6.5%
    $4,875,480
    7%
    $4,527,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,299,640
    Geo Method
    $2,299,640
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $9,661,040
    Mixed-Use / Specialty
    $4,796,130
    Hospitality / Lodging
    $3,438,080
    Office
    $4,703,090
    Institutional / Educational
    $4,963,890
    Residential Income
    $5,807,750
    Multifamily
    $7,309,080
    Automotive / Energy
    $4,254,760
    Parking / Income-Based Land
    $1,529,500
    Restaurant / Food Service
    $2,362,240
    Healthcare / Senior Housing
    $4,981,890

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4011
Longitude
-80.0424
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
$14,976
$131,400
$518,600
$650,000
-
$131,400
$518,600
$650,000

FAQs

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