1435 Gun Club RdUniontown, PA 15401

Property Details for 1435 Gun Club Rd

Lot size

32.53 AC

Property type

Sports & entertainment properties

APN

25-17-0089

APU

25170089

Description

This exceptional 148.16-acre property in Fayette County, Pennsylvania, presents a unique investment opportunity. Located at 1435 Gun Club Rd, Uniontown, PA 15401, this land offers versatile development potential due to its B-1/Commercial zoning. The property boasts convenient access to major transportation arteries, including the Pennsylvania Turnpike (Highway 32) and Highway 119, providing easy connectivity to Pittsburgh and surrounding areas. Situated just 2.5 miles north of downtown Uniontown and one mile northeast of the Pennsylvania Turnpike, this location offers significant advantages for various development projects. The land is bordered by Redstone Creek to the west and includes a power easement. According to Fayette County, the property's zoning can be modified to accommodate residential or industrial uses, complementing adjacent land uses. The current zoning allows for a wide range of commercial establishments, including retail, service businesses, and professional services, catering to the daily needs of residents and workers. This expansive parcel presents a compelling opportunity for developers seeking a strategically located site with multiple development options in a growing region. The property's proximity to Pittsburgh's southern suburbs, within a ten-county area projected to experience substantial population growth, further enhances its long-term value. Direct access to Route 51 is facilitated by a permitted right-of-way agreement via a new bridge. The asking price for this significant landholding is $1,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $203,251,000

  6.5%

  $187,617,000

  7%

  $174,215,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $215,314,000

  Geo Method

  $215,314,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $682,310,000

  Retail / Commercial

  $352,294,000

  Mixed-Use / Specialty

  $352,937,000

  Hospitality / Lodging

  $261,410,000

  Office

  $352,817,000

  Institutional / Educational

  $367,590,000

  Residential Income

  $430,081,000

  Multifamily

  $505,291,000

  Automotive / Energy

  $315,077,000

  Parking / Income-Based Land

  $106,854,000

  Restaurant / Food Service

  $187,617,000

  Healthcare / Senior Housing

  $359,983,000

Location Insight

City

Uniontown

County

Fayette

State

Pennsylvania

Latitude

39.9258

Longitude

-79.7209

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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