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    Mount Nebo Rd Pittsburgh, PA 15237

    Sponsored
    For Sale
    $575,000

    3.59 Acres, C-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.59-acre commercial land parcel presents a remarkable investment opportunity in a rapidly growing area of Pittsburgh, Pennsylvania. Located on Mt. Nebo Rd, this property boasts high visibility and traffic counts of 11,000 ADT, ensuring significant exposure for any future development. The C-1 limited commercial zoning allows for a wide range of uses, including retail stores, restaurants, service garages, churches, catering services, medical offices, pet grooming businesses, and indoor entertainment facilities. The site's mostly flat terrain and shared driveway entrances simplify site preparation, minimizing development costs. With over 466 feet of frontage and a depth of 265 feet, this property offers ample space for a substantial project. Its proximity to the bustling Mt. Nebo Pointe shopping center further enhances its desirability. The Allegheny County location, with a zip code of 15237, provides easy access to major transportation routes and a thriving community. The asking price is $575,000, translating to $160,167 per acre. The property's APN is 0427-B-00085-000-00. Ownership transfers at closing. This prime location and flexible zoning make this an ideal opportunity for developers seeking high-growth potential in a desirable Pittsburgh market.

    Property Features for 0 Mount Nebo Rd

    General Information

    Property type
    Land
    Lot Size
    156,380 SF

    HighLights

    • High‑growth submarket.
    • High‑traffic location.
    • Level topography.
    • C‑1 zoning designation.
    • Excellent visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.077508
    Latitude
    40.538821

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    FAQs

    What type of property is this?
    Land - 3.59 Acres, C-1 Zoning, High Visibility
    Where is this land located?
    The property is located at Mount Nebo Rd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: High-growth submarket.; High-traffic location.; Level topography.
    Request Owner's contact information
    Mount Nebo Rd Pittsburgh, PA 15237
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    Pittsburgh, PA 15237
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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
    Mount Nebo Rd Pittsburgh, PA 15237
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