4612 Browns Hill RdPittsburgh, PA 15217

  • Strip malls
  • 2.17 AC

Property Details for 4612 Browns Hill Rd

Lot size
2.17 AC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
88-R-175
APU
88R175

Description

Walnut Place, located at 4612 Browns Hill Road in Pittsburgh, Pennsylvania, presents a prime retail opportunity. This single-tenant property boasts a total building size of 20,587 square feet, with 2,007 square feet currently available for lease. Situated in Allegheny County, zip code 15217, this property offers excellent visibility and accessibility for businesses seeking a prominent location in the Pittsburgh market. The property is classified as retail commercial space, ideal for a variety of businesses. The building's substantial size suggests ample space for expansion or potential future development, depending on the tenant's needs. The available 2,007 square feet provides a flexible layout adaptable to various retail concepts. The property's location in Pittsburgh offers access to a robust consumer base and established infrastructure. Interested parties are encouraged to inquire about lease terms and conditions to explore the potential of this strategically located retail space. This is a single-tenant occupancy, offering a unique opportunity for a business to establish a strong presence in a well-positioned building. The property's address is easily accessible, providing convenient access for customers and employees alike. Further details regarding the property's specifications and lease terms are available upon request. This is an excellent opportunity for a business seeking a prominent location in a thriving Pittsburgh neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $33,020,160
    6.5%
    $30,480,146
    7%
    $28,302,994
  • Comparable approach

    Method
    Valuation
    Relative Method
    $47,551,740
    Geo Method
    $47,551,740
  • Alternative Use

    Use
    Valuation
    Residential
    $25,711,144
    Hospitality
    $23,551,270
    Educational
    $19,594,380
    Medical
    $20,268,262
    Retail
    $30,480,146

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4153
Longitude
-79.924
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
$90,478
$650,000
$3,277,000
$3,927,000
-
$650,000
$3,277,000
$3,927,000

FAQs

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