1373 Mclaughlin Run RdPittsburgh, PA 15241

Property Details for 1373 Mclaughlin Run Rd

Lot size

1.06 AC

Property type

Office buildings

APN

254-P-174

APU

254P174

Description

This exceptional 1.06-acre commercial property in Upper St. Clair, Pennsylvania, presents a unique investment opportunity. The main structure is a two-story office building, totaling approximately 2,000 square feet. The first floor, previously used as a recording studio, features three rooms and a half-bathroom. The second floor offers three large offices and two half-bathrooms. Electricity and gas services are separately metered. Adding to the property's versatility are two detached garages. The property is zoned RM - Restricted Light Industrial, allowing for a range of potential uses. Its convenient location, within two miles of Interstate 79's Bridgeville exit and near McLaughlin Park, offers excellent accessibility. The property's size and zoning provide ample opportunities for redevelopment or repositioning to suit a variety of commercial needs. The Allegheny County address is 1373 McLaughlin Run Rd, Pittsburgh, PA 15241. The asking price is $299,000. This is a rare chance to acquire a substantial commercial property in a highly desirable South Hills location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,816,041

  6.5%

  $8,137,884

  7%

  $7,556,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,336,234

  Geo Method

  $4,336,234

• Alternative Use

  Use

  Valuation

  Residential

  $10,090,976

  Hospitality

  $9,243,280

  Educational

  $7,690,300

  Medical

  $7,954,782

  Retail

  $11,962,690

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.3567

Longitude

-80.0933

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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