1166 National PikeHopwood, PA 15445

  • Mixed-use properties
  • 0.83 AC
For Sale
$250,000 View listing

Property Details for 1166 National Pike

Lot size
0.83 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
34-12-0087
APU
34120087

Description

This exceptional 0.83-acre commercial land parcel presents a unique investment opportunity in the thriving Hopwood, PA market. Located at 1166 National Pike, this property boasts excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The expansive lot offers ample space for development, allowing for significant flexibility in design and construction. Its strategic location provides easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The property's zoning allows for a range of commercial uses, subject to local regulations and approvals. This presents a rare chance to acquire a substantial piece of land in a growing area, perfect for entrepreneurs and investors seeking to establish a new business or expand existing operations. The asking price of $250,000 reflects the significant potential of this prime commercial real estate. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to confirm zoning and development potential. This is a blank canvas ready for your vision. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing and discuss your development plans.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,605,261
    6.5%
    $7,943,318
    7%
    $7,375,938
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,228,830
    Geo Method
    $7,228,830
  • Alternative Use

    Use
    Valuation
    Residential
    $9,849,714
    Hospitality
    $9,022,285
    Educational
    $7,506,435
    Medical
    $7,764,593
    Retail
    $11,676,677
1166 National Pike, Hopwood, Pennsylvania

Location Insight

City
Hopwood
County
Fayette
State
Pennsylvania
Latitude
39.8786
Longitude
-79.7033
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
$1,320
$22,875
$24,715
$47,590
-
$45,750
$49,430
$95,180

FAQs

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