801 Old Brick RdWest Alexander, PA 15376

  • Retail properties
  • 1,496 SF
For Sale
$995,000 View listing

Property Details for 801 Old Brick Rd

Year built
1790
Lot size
92.83 AC
Property size (Sq ft)
1,496 SF
Property type
Retail properties
Property subtype
Auto shops
APN
230-006-00-00-0016-00
APU
2300060000001600

Description

This exceptional 92.83-acre industrial property, located at 801 Old Brick Road in West Alexander, Pennsylvania (zip code 15376), presents a unique investment opportunity. The land, identified by APN 230-006-00-00-0016-00, is zoned for industrial use and boasts convenient access to Interstate 70, less than one mile from Exit 1. The site's previous use as a pick-and-pull auto salvage yard offers potential for redevelopment or continued use within the industrial sector. Existing infrastructure includes an office building equipped with a garage featuring two drive-in bays, 12' x 12' doors, a 40' building depth, and a 16' clear height. Utilities are readily available, serviced by the Wheeling Water Department, a septic system, West Penn Power, and Frontier Telecom. The asking price for this expansive property is $995,000. This location offers significant potential for various industrial applications, given its size, accessibility, and existing building improvements. The property's strategic location near a major interstate provides excellent transportation links, making it an attractive option for businesses requiring efficient logistics and distribution capabilities. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $418,222
    6.5%
    $386,051
    7%
    $358,476
  • Comparable approach

    Method
    Valuation
    Relative Method
    $352,638
    Geo Method
    $352,638
  • Alternative Use

    Use
    Valuation
    Residential
    $325,649
    Hospitality
    $298,293
    Educational
    $248,176
    Medical
    $256,711
    Retail
    $386,051
801 Old Brick Rd, West Alexander, Pennsylvania

Location Insight

City
West Alexander
County
Washington
State
Pennsylvania
Latitude
40.0902
Longitude
-80.5115
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
2023
$23,304
$1,330,200
$64,400
$1,394,600
-
$1,330,200
$64,400
$1,394,600

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