1508 Mount Nebo RdSewickley, PA 15143

  • Office properties
  • 1.00 AC
For Sale

Property Details for 1508 Mount Nebo Rd

Year built
1930
Lot size
1.00 AC
Property type
Office properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1508 Mount Nebo Rd, Sewickley, Pennsylvania

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

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
$2,162
$55,000
$20,000
$75,000
-
$55,000
$20,000
$75,000

FAQs

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