78 Murtland AveWashington, PA 15301

Property Details for 78 Murtland Ave

Lot size

0.19 AC

Property type

Retail properties

Property subtype

Other car washes

APN

760-005-00-02-0005-00

APU

7600050002000500

Description

This exceptional 1,408-square-foot retail property, built in 2005, presents a unique investment opportunity in Washington, Pennsylvania. Previously a two-bay car wash, the building sits on a prominent 0.32-acre corner lot at 78 Murtland Avenue, boasting excellent visibility and accessibility. The site benefits from high traffic volume, with an average daily traffic count of 12,000 vehicles and a population of 36,000 within a three-mile radius. Currently vacant and sold "as is," the building offers endless possibilities for various automotive services or alternative uses. The property's location on a busy road in Washington County, PA, zip code 15301, ensures high exposure and potential for strong returns. The asking price is $490,000, translating to $348.01 per square foot. This presents a compelling opportunity for entrepreneurs seeking a versatile commercial space in a thriving location. The property is zoned for retail and special purpose uses. No car wash equipment is included in the sale.

• CAP approach

  CAP return

  Valuation

  6%

  $2,264,998

  6.5%

  $2,090,768

  7%

  $1,941,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,909,810

  Geo Method

  $1,909,810

• Alternative Use

  Use

  Valuation

  Residential

  $1,763,641

  Hospitality

  $1,615,485

  Educational

  $1,344,065

  Medical

  $1,390,289

  Retail

  $2,090,768

Location Insight

City

Washington

County

Washington

State

Pennsylvania

Latitude

40.18

Longitude

-80.2372

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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