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Property profile & analytics
OFF-MARKET
Commercial land

879 Freeport Rd Creighton, PA 15030-1073

0.13 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US73-3938747
Property summary
AI-generated overview

This exceptional 44,000 square foot mixed-use building presents a unique investment or leasing opportunity in Creighton, Pennsylvania. Situated on a sizable 1.58-acre lot directly on Freeport Road, with convenient access to Route 28, this property offers unparalleled visibility and accessibility. Originally constructed in 1927, the building boasts a rich history as a banquet hall, office building, catering facility, and convention center, demonstrating its adaptability and potential for diverse uses. Currently, the entire 44,000 square feet is vacant, providing a blank canvas for redevelopment or repositioning. The single-tenant configuration allows for complete control and customization. Located in Allegheny County, with a 15030 zip code, this property is ideally positioned to capitalize on the area's growth and development. Its substantial size and prime location make it suitable for a wide range of mixed-use projects, offering significant potential for future returns. The property's history showcases its structural integrity and adaptability, making it an attractive proposition for investors and developers seeking a large-scale project with high visibility and significant redevelopment potential. This is a rare opportunity to acquire a substantial property in a desirable location with a multitude of potential uses.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.13 ac (5,795 SF)
APN 960-J-85
UPID US73-3938747
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
EAST DEER ASSOCIATES INC
EAST DEER ASSOCIATES INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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