3951 William Penn HwyMonroeville, PA 15146
- Retail properties
- 3.37 AC
Property Details for 3951 William Penn Hwy
- Lot size
- 3.37 AC
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 743-K-337
- APU
- 743K337
Description
This exceptional commercial property, located at 3951 William Penn Highway in Monroeville, Pennsylvania, presents a significant opportunity for retail businesses. The property boasts a total building size of 10,406 square feet, currently vacant and available for lease. Situated on a generous 3.37-acre lot, this single-tenant building offers excellent visibility and accessibility from a major thoroughfare. The property's location in Allegheny County, with a zip code of 15146, provides convenient access to a substantial customer base. The ample space allows for a wide range of retail uses, providing flexibility for potential tenants. The property is classified as both retail and land, offering potential for development or expansion. The entire 10,406 square feet is currently vacant, presenting a blank canvas for a new business to establish its presence. This prime location in Monroeville, combined with the significant square footage and expansive lot size, makes this property an attractive investment opportunity for discerning businesses seeking a high-impact retail presence. Interested parties are encouraged to inquire for further details and leasing information.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $50,345,104
- 6.5%
- $46,472,404
- 7%
- $43,152,948
-
Comparable approach
- Method
- Valuation
- Relative Method
- $66,739,956
- Geo Method
- $73,973,064
-
Alternative Use
- Use
- Valuation
- Residential
- $39,201,212
- Hospitality
- $35,908,100
- Educational
- $29,875,118
- Medical
- $30,902,568
- Retail
- $46,472,404
Location Insight
- City
- Monroeville
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.439
- Longitude
- -79.7753
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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