Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    116 Matthew Dr Uniontown, PA 15401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Retail Land, 5 Spaces, Fayette County

    Property Features for 116 Matthew Dr

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Emily Sipes
    Emily Sipes
    Source: Crexi

    Listing Agency: Atlantic Retail Pittsburgh Listing Agent: Emily Sipes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Near Major Retailers

    This retail space is located in Fayette County, PA, near a recently renovated Target, PetSmart, Dollar Tree, and Bath & Body Works. Proposed tenants include Menards and Chipotle, with a new Burlington also planned. The location is near restaurants such as Primanti Bros, Texas Roadhouse, Applebee's, Olive Garden, and Red Lobster.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Uniontown
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.758611
    Latitude
    39.906715

    Nearby Similar for Lease

    • $1,000 /Mo

      Downtown Uniontown Prime Office Space

      Prime office space in downtown Uniontown, ideal for professionals.
      46 E 2Nd St, Uniontown, PA 15401
      View Details
    • $1,200 /Mo

      Downtown Uniontown First-Floor Office Space

      Prime office space in downtown Uniontown, ideal for professionals.
      46 E Main St, Uniontown, PA 15401
      View Details
    • $12 SF/Yr

      Uniontown Commercial Space For Rent

      High-visibility commercial space suitable for retail or office use.
      90 Pittsburgh St, Uniontown, PA 15401
      View Details
    • $700 /Mo

      Downtown Uniontown Office Space Available

      Prime office space in downtown Uniontown, ideal for professionals.
      46 E Main St, Uniontown, PA 15401
      View Details
    • $16 SF/Yr

      Uniontown Medical Office Space Available

      Prime 1800 sq ft office space ideal for medical use.
      280 Mcclellandtown Rd, Uniontown, PA 15401
      View Details
    • Contact for pricing
      39,640 SF

      Uniontown Office Space Available

      Versatile office units in a desirable Uniontown location.
      72 N Gallatin Ave, Uniontown, PA 15401
      View Details
    • $1,975 /Mo

      Uniontown Office Space For Rent

      Well-appointed office space in a busy medical building.
      1142 National Pike, Uniontown, PA 15445
      View Details
    • $2,000 /Mo

      Uniontown Commercial Space Available

      Commercial space for rent in downtown Uniontown.
      54 Arch St, Uniontown, PA 15401
      View Details
    • $560,000
      27,007 SF

      Uniontown Warehouse/Office Space For Rent

      13,000+ SqFt fenced warehouse/office space with loading dock.
      120 E Penn St, Uniontown, PA 15401
      View Details
    • $250,000
      27,878 SF

      Commercial Property on 0.64 Acres

      Commercial property with high visibility and large parking area.
      1262 N Gallatin Ave, Uniontown, PA 15401
      View Details
    • Contact for pricing
      13,504 SF

      Visible Office Space on Pittsburgh

      Large office space with high visibility and ample parking.
      632 Pittsburgh Rd, Uniontown, PA 15401
      View Details
    • Contact for pricing
      2,178 SF

      Uniontown Retail Space For Lease

      Retail space available for lease in downtown Uniontown, PA.
      16 N Beeson Blvd, Uniontown, PA 15401
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime Retail Land, 5 Spaces, Fayette County
    Where is this retail space located?
    The property is located at 116 Matthew Dr Uniontown, PA.
    What are key features of this property?
    This property features: Five available outparcels totaling 12.68 acres in Uniontown, PA's Widewater Commons.; Lot sizes range from 1.54 to 12.68 acres, suitable for various retail uses.; Located alongside Target, PetSmart, Dollar Tree, Bath & Body Works, and future Menards, Chipotle, and Burlington.
    (412) 595-9301
    Request Owner's contact information
    116 Matthew Dr Uniontown, PA 15401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    116 Matthew Dr
    Uniontown, PA 15401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Matthew Dr Uniontown, PA 15401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Emily Sipes
    Emily Sipes
    Real Estate License ID: RS342032
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!