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    1400 Nixon St Pittsburgh, PA 15233

    For Sale
    $1,300,000

    19,120 SF Warehouse, Excellent Location

    Property size:
    19,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 19,120-square-foot warehouse in Pittsburgh, Pennsylvania, is available for sale at $1,300,000 ($78.45/SF). Located at 1400 Nixon St, in Allegheny County, zip code 15233, this industrial property boasts a prime location near highway interchanges. The warehouse features a recently renovated facade with 70% translucent daylighting, a fenced yard, and a new sidewalk. Interior improvements include a heated and cooled office and bathroom, and a heated work area. Loading capabilities are enhanced by three roll-up doors (14'H x 16'W, 11'H x 12'W, and 9'8"H x 8'W) and a truck-height dock. The warehouse offers a significant clear height ranging from 20.5' to 35'. Currently leased at $6,373 per month with a 2% annual increase, the lease extends until January 31, 2026, presenting an owner-user opportunity or continued lease income. The land value is $28,025 per square foot. This property offers multiple opportunities for investors and owner-occupiers alike. The building has been significantly updated in the last year.

    Property Features for 1400 Nixon St

    General Information

    Property type
    Distribution properties
    Square Feet
    19,120 SF

    HighLights

    • Three (3) roll‑up doors: 14'H x 16'W, 11'H x 12'W, and 9'8"H x 8'W
    • 20.5' - 35' clear ceiling height
    • Truck‑level loading dock
    • On‑site office and restroom
    • Securely fenced yard
    • New concrete sidewalk
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -80.0283914
    Latitude
    40.4596881

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    FAQs

    What type of property is this?
    Distribution property - 19,120 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 1400 Nixon St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Three (3) roll-up doors: 14'H x 16'W, 11'H x 12'W, and 9'8"H x 8'W; 20.5' - 35' clear ceiling height; Truck-level loading dock
    Request Owner's contact information
    1400 Nixon St Pittsburgh, PA 15233
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    Pittsburgh, PA 15233
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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
    1400 Nixon St Pittsburgh, PA 15233
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