1508 Mount Nebo RdSewickley, PA 15143

Property Details for 1508 Mount Nebo Rd

Year built

1930

Lot size

1.00 AC

Property type

Office buildings

APN

607-L-328

APU

607L328

Description

This exceptional 8.67-acre commercial land parcel presents a unique investment opportunity in the desirable Sewickley, Pennsylvania market. Located at 1508 Mt. Nebo Road in Allegheny County, this property is zoned C-1 Limited Commercial District, offering a range of potential development options for businesses seeking a prominent presence in this thriving community. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments and office buildings to light industrial uses, subject to local zoning regulations. Its convenient location offers easy access to major transportation routes, ensuring excellent connectivity for employees and customers alike. The address, 1508 Mt. Nebo Rd, Sewickley, PA 15143, places the property within a well-established area known for its strong community and attractive surroundings. This prime location offers significant potential for high visibility and strong returns on investment. Detailed zoning information and development guidelines are readily available upon request. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property's geographic coordinates are 40.5532761 latitude and -80.104972 longitude. This presents a rare chance to acquire a substantial land holding in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,284,116

  6.5%

  $7,646,876

  7%

  $7,100,670

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,074,602

  Geo Method

  $4,074,602

• Alternative Use

  Use

  Valuation

  Residential

  $9,482,126

  Hospitality

  $8,685,577

  Educational

  $7,226,298

  Medical

  $7,474,822

  Retail

  $11,240,908

Location Insight

City

Sewickley

County

Allegheny

State

Pennsylvania

Latitude

40.5532

Longitude

-80.1051

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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