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    1731 Carson St Pittsburgh, PA 15203

    Sponsored
    For Sale
    $2,450,000

    High-yield USPS Net Lease Property

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 4,800 square foot single-story retail building located at 1731 East Carson Street in Pittsburgh, Pennsylvania, 15203. Currently occupied by a credit-rated USPS tenant under a triple-net (NNN) lease, this property offers a secure and stable income stream. The building boasts convenient loading docks and ample off-street parking for six vehicles. The asking price is $2,450,000, translating to a compelling price per square foot of $510.42 and a strong 5.51% capitalization rate. The property generates a substantial net operating income (NOI) of $135,000 annually. The property is zoned LNC, ensuring flexibility for future uses. This multi-tenant building represents a rare chance to acquire a high-performing, income-producing asset in a desirable Pittsburgh location. The strong tenant and favorable lease terms make this an ideal addition to any investment portfolio seeking consistent returns and long-term stability. The property's strategic location and robust NOI make it a highly attractive investment opportunity. Serious inquiries are encouraged.

    Property Features for 1731 Carson St

    General Information

    Property type
    Retail properties
    Square Feet
    4,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    +/- Recording Recording Studio Chad M. Ostrosky, ... Law Firm Chef Jae & Co. Caterer United States Postal ... Post Office

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.981022279851
    Latitude
    40.42881972807

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    FAQs

    What type of property is this?
    Retail property - High-yield USPS Net Lease Property
    Where is this retail property located?
    The property is located at 1731 Carson St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $2,450,000.
    Request Owner's contact information
    1731 Carson St Pittsburgh, PA 15203
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    Pittsburgh, PA 15203
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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
    1731 Carson St Pittsburgh, PA 15203
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