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    1330 Banksville Rd Pittsburgh, PA 15216

    Sponsored
    For Sale
    $945,000

    High-traffic location, excellent potential

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a distressed sale of a Class A, 18,000 square foot gas station situated on a 1.5-acre lot at 1330 Banksville Rd, Pittsburgh, PA 15216. The property, currently operating under Golden Oil ownership, boasts a 2,000 square foot building constructed in 1980 and features a permitted C1 zoning. The site enjoys a highly visible location on a busy commercial street with 24/7 traffic, offering significant potential for redevelopment or continued operation. Currently generating $30,000 in yearly profit from the existing building, the property offers 18,000 square feet of usable space with an additional 18,000 square feet of air rights. The asking price is $945,000 ($425 per square foot). This is an absolute NNN lease opportunity with a credit-rated tenant, and the sale includes options for a building or ground lease. The property's strategic location makes it ideal for a variety of uses, including quick-service restaurants (QSRs), convenience stores, or a reinvented gas station. This distressed sale presents a unique chance to acquire a valuable asset in a prime Pittsburgh location. The property is zoned C1 and is located on the home side of a highly trafficked street. The current building is 2,000 square feet, but the total usable area is 18,000 square feet.

    Property Features for 1330 Banksville Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    2,000 SF
    Class
    A

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $945,000 asking price for this distressed Class A retail property.
    • Owner/user investment opportunity with a credit‑rated tenant.
    • Absolute NNN lease, offering building or ground lease options.
    • 18,000 square feet of net rentable space on a 1.5‑acre lot, with 2,000 square feet of existing building.
    • Located at a signalized intersection on a busy commercial street in Pittsburgh, PA, at 1330 Banksville Rd, 15216.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.030346
    Latitude
    40.4152514

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    FAQs

    What type of property is this?
    Automotive property - High-traffic location, excellent potential
    Where is this automotive property located?
    The property is located at 1330 Banksville Rd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: $945,000 asking price for this distressed Class A retail property.; Owner/user investment opportunity with a credit-rated tenant.; Absolute NNN lease, offering building or ground lease options.
    Request Owner's contact information
    1330 Banksville Rd Pittsburgh, PA 15216
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    Pittsburgh, PA 15216
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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
    1330 Banksville Rd Pittsburgh, PA 15216
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