3951 William Penn HwyMonroeville, PA 15146

  • Retail properties
  • 3.37 AC
For Sale

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
3951 William Penn Hwy, Monroeville, Pennsylvania

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

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
$57,545
$1,507,700
$314,100
$1,821,800
-
$1,507,700
$314,100
$1,821,800

FAQs

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