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    1567 Golden Mile Hwy Monroeville, PA 15146

    For Sale
    $2,500,000

    51 Acres, High-Traffic Location, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 51.23-acre commercial land parcel presents a remarkable investment opportunity in Monroeville, Pennsylvania. Strategically located along the heavily trafficked Route 286 (Golden Mile Highway), this property boasts 1,000 feet of frontage, ensuring high visibility and accessibility. The site benefits from all available public utilities, simplifying development plans. With a daily traffic count of 20,027 vehicles, this location offers unparalleled exposure for any commercial venture. The C-2 zoning permits a wide range of uses, making it ideal for various development projects, particularly multifamily developments. Its proximity to Monroeville Park & Ride provides convenient public transportation access, while its location just 2.4 miles from the Turnpike 76 and Parkway 376 East ensures easy regional connectivity. The property's APN is 1243-N-224 1107-D-161 1243-N-222. This prime location, combined with its substantial size and advantageous zoning, makes this a truly exceptional opportunity for significant returns. The asking price for this expansive commercial land is $2,500,000.

    Property Features for 1567 Golden Mile Hwy

    General Information

    Property type
    Land
    Lot Size
    2,231,579 SF

    HighLights

    • 51.23‑acre commercial land parcel in Monroeville, PA.
    • Located on Route 286 (Golden Mile Highway) with 1,000 feet of frontage.
    • All public utilities available.
    • High traffic count: 20,027 vehicles daily.
    • Excellent opportunity for multifamily development; C‑2 zoning.
    • Adjacent to Monroeville Park & Ride.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.719121
    Latitude
    40.43506

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    FAQs

    What type of property is this?
    Land - 51 Acres, High-Traffic Location, C-2 Zoning
    Where is this land located?
    The property is located at 1567 Golden Mile Hwy Monroeville, PA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 51.23-acre commercial land parcel in Monroeville, PA.; Located on Route 286 (Golden Mile Highway) with 1,000 feet of frontage.; All public utilities available.
    Request Owner's contact information
    1567 Golden Mile Hwy Monroeville, PA 15146
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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
    1567 Golden Mile Hwy Monroeville, PA 15146
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