307 Freeport RdBlawnox, PA 15238
- Mixed-use properties
- 0.08 AC
Property Details for 307 Freeport Rd
- Lot size
- 0.08 AC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 122-D-161
- APU
- 122D161
Description
This exceptional multi-use commercial property at 307 Freeport Rd, Blawnox, PA, presents a compelling investment opportunity for both owner-users and investors. Priced at $610,000, this 0.12-acre corner lot boasts a prime location offering easy access to Route 28, Lawrenceville, Fox Chapel, Downtown Pittsburgh, and the Pennsylvania Turnpike, ensuring high visibility and convenient access for clientele. The main floor, previously utilized as a doctor's office, comprises a spacious waiting room, a versatile office area, two bathrooms, and several adaptable suites. Its original configuration as two storefronts allows for easy redivision, making it perfectly suited for a variety of retail, office, or service-based businesses. Adding to its income-generating potential, the upper level features two fully occupied apartments, providing a consistent rental income stream. Further enhancing the property's functionality are a private parking lot accommodating five vehicles and a concrete patio. This versatile property offers a unique blend of commercial and residential income streams, making it an attractive proposition for discerning investors seeking a strong return on investment in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $799,560
- 6.5%
- $738,055
- 7%
- $685,337
-
Comparable approach
- Method
- Valuation
- Relative Method
- $562,990
- Geo Method
- $699,790
-
Alternative Use
- Use
- Valuation
- Residential
- $915,189
- Hospitality
- $838,308
- Educational
- $697,462
- Medical
- $721,449
- Retail
- $1,084,941
Location Insight
- City
- Aspinwall
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.4896
- Longitude
- -79.903
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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