401 Main StButler, PA 16001

Property Details for 401 Main St

Lot size

0.21 AC

Property type

Parking lots & garages

APN

564 11 990000

APU

56411990000

Description

This exceptional 0.48-acre commercial/industrial land parcel, located at 401 N Main St in Butler, Pennsylvania (zip code 16001), presents a unique opportunity for immediate development. The property, identified by APN 564-11-99-0000, is zoned COMM, allowing for a variety of commercial and industrial uses. Its prime location at a traffic light on N Main St ensures high visibility and accessibility, making it ideal for businesses seeking maximum exposure. The lot is already paved, eliminating significant upfront site preparation costs and expediting the construction process. This translates to significant time and cost savings for developers. The high traffic count guarantees substantial foot and vehicle traffic, providing an excellent platform for attracting customers and clients. This ready-to-build lot offers a compelling investment opportunity in a thriving Pennsylvania community. The asking price for this strategically located parcel is $450,000. Don't miss this chance to secure a prime piece of Butler County real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $2,869,124

  6.5%

  $2,648,422

  7%

  $2,459,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,354,563

  Geo Method

  $2,156,374

• Alternative Use

  Use

  Valuation

  Residential

  $2,234,043

  Hospitality

  $2,046,371

  Educational

  $1,702,557

  Medical

  $1,761,110

  Retail

  $2,648,422

Location Insight

City

Butler

County

Butler

State

Pennsylvania

Latitude

40.8652

Longitude

-79.8947

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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