802 Vanderbilt RdConnellsville, PA 15425

  • Retail properties
  • 9.39 AC
For Lease

Property Details for 802 Vanderbilt Rd

Lot size
9.39 AC
Property type
Retail properties
Property subtype
Super regional malls
APN
05-05-0049-01
APU
505004901

Description

Widewaters Commons in Connellsville, PA, offers a fantastic retail leasing opportunity within a vibrant commercial center. This multi-tenant property boasts a total of 73,919 square feet, encompassing eleven individual suites. Currently, there are two available spaces, providing flexible options for businesses seeking immediate occupancy. The largest contiguous space measures 3,738 square feet, ideal for a larger retailer or restaurant, while a smaller space of 1,306 square feet is also available, perfect for a smaller business or complementary tenant. The property's strategic location within Connellsville ensures high visibility and accessibility for customers. The building's design and layout are conducive to a variety of retail uses, making it an attractive option for businesses seeking a well-established and thriving commercial environment. The available spaces offer the potential for customization to meet specific business needs. This is an exceptional chance to secure a prominent retail presence in a bustling community. Interested parties are encouraged to inquire about lease terms and availability for these prime retail spaces. Don't miss this opportunity to establish your business in a high-traffic location within Widewaters Commons. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $143,108,704
    6.5%
    $132,100,336
    7%
    $122,664,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $206,088,272
    Geo Method
    $206,088,272
  • Alternative Use

    Use
    Valuation
    Residential
    $111,431,576
    Hospitality
    $102,070,728
    Educational
    $84,921,648
    Medical
    $87,842,232
    Retail
    $132,100,336
802 Vanderbilt Rd, Connellsville, Pennsylvania

Location Insight

City
Connellsville
County
Fayette
State
Pennsylvania
Latitude
40.0195
Longitude
-79.6024
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
$64,859
$281,700
$1,872,855
$2,154,555
-
$563,400
$3,745,710
$4,309,110

FAQs

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