1720 Greensburg AveNorth Versailles, PA 15137

  • Community centers
  • 3.75 AC

Property Details for 1720 Greensburg Ave

Lot size
3.75 AC
Property type
Community centers
APN
457-R-43
APU
457R43

Description

This exceptional retail opportunity presents 3,200 square feet of vacant space within the Village Shoppes, located at 1720 Greensburg Ave in North Versailles, Pennsylvania, 15137. Situated on a 0.75-acre lot in Allegheny County, this property offers multiple tenancy options, ideal for a variety of retail businesses. The space is divisible, with a minimum leasable area of 1,200 square feet and a maximum contiguous space of 2,000 square feet, providing flexibility for different business needs and expansion plans. The entire 3,200 square foot building is currently available for lease. This prime location in North Versailles offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving community. The property's convenient location and ample space make it an ideal choice for retailers looking to establish or expand their presence in the Allegheny County market. Interested parties are encouraged to inquire about lease terms and availability. The property is classified as Commercial Retail.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $57,182,532
    6.5%
    $52,783,876
    7%
    $49,013,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $82,347,536
    Geo Method
    $82,347,536
  • Alternative Use

    Use
    Valuation
    Residential
    $44,525,172
    Hospitality
    $40,784,820
    Educational
    $33,932,492
    Medical
    $35,099,480
    Retail
    $52,783,876

Location Insight

City
North Versailles
County
Allegheny
State
Pennsylvania
Latitude
40.3873
Longitude
-79.8213
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
$86,795
$334,400
$1,865,600
$2,200,000
-
$334,400
$1,865,600
$2,200,000

FAQs

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