3951 William Penn HwyMonroeville, PA 15146

Property Details for 3951 William Penn Hwy

Lot size

3.37 AC

Property type

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.

• 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

FAQs

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