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    100 Ridgeview Dr Smithfield, PA 15478

    Sponsored
    For Sale
    $2,200,000

    Multi-tenant office/retail building. High visibility.

    Property size:
    10,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 10,800 square foot, multi-tenant office and retail building situated on a 5.08-acre lot in Smithfield, Pennsylvania. The property, located at 100 Ridgeview Drive, boasts a prime location near Route 43, Exit 8, and enjoys high visibility due to its proximity to the Fayette Business Park and its position at the intersection of Big Six Road and Dry Knob Road, an area with an average daily traffic count of 7,927 vehicles. The single-story building features six units, currently 50% occupied by three tenants. Three vacant units (2,765 sq ft, 2,765 sq ft, and 2,609 sq ft) are combinable or divisible for individual tenants. The building is constructed of cinder block with a metal roof and offers ample parking (84 spaces) with additional employee parking at the rear. Attractive landscaping and a large, backlit monument sign with space for fourteen tenants enhance the property's appeal. An additional 2.29 acres at the rear of the property are suitable for future development and are available for separate purchase. The property is zoned B-1. The asking price for the entire 5.08-acre property, including the 10,800 square foot building, is $2,200,000 ($203.70/sq ft). Separate purchase options for the building and the additional land are also available. Leasing options are available within the plaza.

    Property Features for 100 Ridgeview Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    10,800 SF
    Lot Size
    221,285 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    6

    HighLights

    • High visibility from major thoroughfare.
    • Convenient interstate access.
    • Excellent signage opportunities.
    • Multi‑tenant building with existing tenants.
    • Partial occupancy; immediate leasing opportunities.
    • Flexible lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smokin Scissors Hair Salon ABC School House Day Care Center HealthWorks Rehab & Fitness ... Physical Therapy Clinic Aaron Early Physical Therapist Diane White Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.7720101
    Latitude
    39.8156096

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    FAQs

    What type of property is this?
    Lifestyle center - Multi-tenant office/retail building. High visibility.
    Where is this lifestyle center located?
    The property is located at 100 Ridgeview Dr Smithfield, PA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; Convenient interstate access.; Excellent signage opportunities.
    Request Owner's contact information
    100 Ridgeview Dr Smithfield, PA 15478
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    Realmo Value Estimation

    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.

    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.

    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
    100 Ridgeview Dr Smithfield, PA 15478
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