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    6302 Rte Greensburg, PA 15601

    For Sale
    $1,400,000

    Prime Greensburg Commercial Land, 1.62 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.62-acre commercial land parcel, located at 6302 Route 30 in Greensburg, Pennsylvania, presents a lucrative investment opportunity. Priced at $1,400,000, the property boasts a high-traffic location on US Route 30, experiencing over 27,000 vehicles daily. The site includes a brick ranch building currently occupied by tenants, providing immediate income potential. This prime development site offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The property's 15 parking spaces cater to potential business needs. A significant advantage is the rear road access, providing direct connection to a retail center anchored by big-box stores, enhancing customer traffic and synergy. Situated in Westmoreland County, with a zip code of 15601, this property is conveniently located in the thriving Greensburg area. The combination of high traffic volume, existing building, and strategic location makes this a compelling investment opportunity for discerning buyers seeking a strong return. This is a rare chance to acquire a well-positioned commercial property in a high-demand area.

    Property Features for 6302 Rte

    General Information

    Property type
    Land
    Lot Size
    70,567 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greensburg
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.5996496
    Latitude
    40.3092178

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    FAQs

    What type of property is this?
    Land - Prime Greensburg Commercial Land, 1.62 Acres
    Where is this land located?
    The property is located at 6302 Rte Greensburg, PA.
    What is the asking price?
    The asking price for this property is $1,400,000.
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    6302 Rte Greensburg, PA 15601
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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
    6302 Rte Greensburg, PA 15601
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