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Property profile & analytics
FOR SALE
Commercial real estate

600 Jefferson Ave Jeannette, PA 15644-2539

49,478 SF 5.19 ac lot Built 1992
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1650296
Property summary
AI-generated overview

This exceptional 12.5-acre commercial property in Jeannette, PA, presents a unique investment opportunity. The site boasts a substantial 41,000 square foot medical building, ideally suited for a variety of healthcare uses or potential redevelopment. Ample parking is ensured with a five-story parking garage accommodating 350 vehicles, complemented by a separate 150-space lower parking lot. Adding to the versatility, a 4,000 square foot metal building provides additional space for storage, operations, or expansion. All necessary certifications are current, including the Occupancy Certificate and Elevator Certificates, ensuring a smooth transition for any new owner. Recent improvements include new paint and windows, enhancing the overall aesthetic and functionality of the property. The property's strategic location benefits from high traffic counts: 27,627 vehicles daily on US Route 30/Lowry Avenue and 12,150 on Harrison Avenue at the rear of the site. The sale includes multiple parcels: 14-04-01-0-109-00-000, 14-04-01-0-109-60-001, 14-04-01-0-167-00-000, 14-04-01-0-167-69-001, 14-04-01-0-168-00-000, 14-04-01-0-414-00-000, and 14-04-01-0-433-00-000. This property offers significant potential for immediate income generation and long-term growth. Priced at $1,445,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Construction STEEL FRAME
Total area 49,478 SF
Lot 5.19 ac (226,088 SF)
APN 14-04-01-0-167-69-001
UPID US73-1650296
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Westmoreland Hospital At Jnntt: Shuster Michael MD Physician
  • Westmoreland Hospital At Jnntt: Burke Frederick MD Physician
  • Westmoreland Hospital At Jnntt: Kemerer Kim DO Physician
  • Gohel Shyam Vijay MD Physician Medical Clinic
  • Shetty Karunakar MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$2.07M
Owner & transaction history
Larbon LLC · 6 yrs held
Larbon LLC
since 2020
3 recorded transactions
2020
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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