20660 Route 19Cranberry Township, PA 16066

  • Commercial real estate
  • 3.88 AC

Property Details for 20660 Route 19

Lot size
3.88 AC
Property type
Commercial real estate
APN
130 S7 J170000
APU
130S7J170000

Description

This exceptional 18,670-square-foot retail outparcel in Butler County presents a unique investment opportunity. Approved for drive-thru use, this single-tenant property boasts a highly visible location at a signalized intersection experiencing over 32,000 vehicles daily. Its strategic placement ensures maximum exposure and accessibility for businesses. The property's strong performance is further evidenced by the nearby Dairy Queen, which records over 307,500 annual visits. This demonstrates significant consumer traffic and spending power in the immediate vicinity. The substantial consumer spending within a 10-mile radius, totaling $2.9 billion, underscores the robust market potential. This outparcel is ideal for a variety of retail or commercial uses, offering a compelling combination of high visibility, substantial traffic counts, and a proven market with significant consumer spending. The property's size and configuration provide ample space for a wide range of businesses seeking a prime location to establish or expand their operations. The drive-thru capability adds further appeal, enhancing convenience and attracting a broader customer base. This is a rare opportunity to acquire a well-positioned retail property in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $36,790,692
    Hospitality
    $33,700,076
    Educational
    $28,038,070
    Medical
    $29,002,342
    Retail
    $43,614,776

Location Insight

City
Cranberry Twp
County
Butler
State
Pennsylvania
Latitude
40.7079
Longitude
-80.103
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
$13,684
$16,330
$62,370
$78,700
-
-
$78,700
$78,700

FAQs

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