1 Mccormick RdMcKees Rocks, PA 15136

Property Details for 1 Mccormick Rd

Lot size

1.12 AC

Property type

Warehouses

APN

205-L-391

APU

205L391

Description

This exceptional flex space property, located at 1 McCormick Rd in McKees Rocks, Pennsylvania, offers a significant opportunity for businesses seeking versatile industrial space. The property boasts a total building area of 13,431 square feet, with 5,880 square feet currently available for lease. The building is classified as industrial with a flex subtype, ideal for a variety of uses. The property sits on a substantial lot encompassing 2,252,661,840 square feet, providing ample room for expansion or outdoor operations. The property is situated in Allegheny County, Pennsylvania, with a zip code of 15136. Multiple tenancies are possible within the building. Attractive lease rates are available, with 5-year NNN rates at $21.95 per square foot and shorter-term options at $9.95 per square foot. These rates include standard build-out, and the space can be customized to meet specific flex needs. This presents a unique chance to secure a well-located, adaptable industrial space in a thriving area. The property's size and flexibility make it suitable for a wide range of businesses. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $21,536,600

  6.5%

  $19,879,900

  7%

  $18,459,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,280,110

  Geo Method

  $7,280,110

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $10,032,500

  Mixed-Use / Specialty

  $9,869,200

  Hospitality / Lodging

  $7,074,690

  Office

  $9,677,740

  Institutional / Educational

  $10,214,400

  Residential Income

  $11,950,900

  Multifamily

  $15,040,200

  Automotive / Energy

  $8,755,220

  Parking / Income-Based Land

  $3,147,310

  Restaurant / Food Service

  $4,860,880

  Healthcare / Senior Housing

  $10,251,500

Location Insight

City

Mc Kees Rocks

County

Allegheny

State

Pennsylvania

Latitude

40.4483

Longitude

-80.1244

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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