7725 Mcknight RdPittsburgh, PA 15237

  • Retail properties
  • 0.59 AC
For Sale
$1,650,000 View listing

Property Details for 7725 Mcknight Rd

Lot size
0.59 AC
Property type
Retail properties
Property subtype
Retail space
APN
517-H-169
APU
517H169

Description

This exceptional 7,300 square foot retail property is situated on a 0.62-acre lot at 7725 McKnight Road in Pittsburgh, Pennsylvania, zip code 15237. The building is zoned C and offers a single-tenant occupancy. The space is entirely vacant and ready for immediate occupancy. The building comprises approximately 5,307 square feet of retail space and an additional 2,168 square feet of warehouse space in the rear, featuring a convenient drive-in door. This highly visible location boasts excellent signage opportunities along busy McKnight Road, which experiences an average daily traffic count of 28,000 vehicles. The property presents a compelling investment opportunity, with seller financing a possibility. This prime retail space is ideal for a variety of businesses seeking high visibility and accessibility in a thriving Pittsburgh neighborhood. The property's size and layout offer flexibility for various retail configurations. The ample parking and convenient access further enhance its appeal. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,184,702
    6.5%
    $6,632,032
    7%
    $6,158,316
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,058,024
    Geo Method
    $6,058,024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,594,368
    Hospitality
    $5,124,410
    Educational
    $4,263,450
    Medical
    $4,410,076
    Retail
    $6,632,032
7725 Mcknight Rd, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.547
Longitude
-80.0184
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
$22,759
$301,500
$537,400
$838,900
-
$301,500
$537,400
$838,900

FAQs

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