7815 Mcknight RdPittsburgh, PA 15237

Property Details for 7815 Mcknight Rd

Lot size

0.72 AC

Property type

Retail properties

Property subtype

Auto shops

APN

517-D-139

APU

517D139

Description

This exceptional 4,000-square-foot retail space is ideally situated at 7815 McKnight Road in Pittsburgh, Pennsylvania, within Allegheny County. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of retail businesses. With ample space for both customer traffic and inventory, this location presents a significant opportunity for growth. The building sits on a sizable 0.72-acre lot, providing excellent visibility and accessibility from McKnight Road. Convenient surface parking is available for customers and employees, with a total of 45 spaces. The property is classified as commercial retail and is currently entirely vacant, presenting a unique chance for a business to establish a strong presence in a thriving Pittsburgh neighborhood. The property's address is 7815 McKnight Road, Pittsburgh, PA 15237. Its geographic coordinates are latitude 40.5486887 and longitude -80.0190286. This location offers a high-traffic area with significant potential for customer engagement and business success. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. This is a rare opportunity to secure a substantial retail space in a desirable Pittsburgh location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,808,668

  6.5%

  $8,131,078

  7%

  $7,550,287

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,427,326

  Geo Method

  $7,427,326

• Alternative Use

  Use

  Valuation

  Residential

  $6,858,868

  Hospitality

  $6,282,687

  Educational

  $5,227,122

  Medical

  $5,406,890

  Retail

  $8,131,078

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.5487

Longitude

-80.0191

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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