1166 National PikeHopwood, PA 15445
- Mixed-use properties
- 0.83 AC
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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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