1508 Mount Nebo RdSewickley, PA 15143
- Office properties
- 1.00 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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