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    Ridge Rd Carnegie, PA 15205

    Sponsored
    For Sale
    $900,000

    Prime commercial/residential land, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.143-acre development site, located at Ridge Road in Pittsburgh, Pennsylvania (Allegheny County, zip code 15205), presents a unique opportunity for large-scale projects. The property, identified by APN 264-A-31, is zoned C-3, permitting the construction of planned commercial, office, and/or multifamily residential complexes. The C-3 zoning encourages development in a well-landscaped, campus-like setting with convenient access to major roadways. All utilities are available on-site, simplifying the development process. This location boasts excellent visibility and accessibility, situated within four miles of the Mall at Robinson and two miles of Settler's Ridge, offering significant advantages for retail, commercial, or residential ventures. Its proximity to I-376 ensures easy access for commuters and customers. The property's size and zoning make it ideal for a variety of uses, including planned residential developments, business or medical offices, hotels/motels, or shopping centers. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area with significant development potential. The latitude and longitude coordinates are 40.4417703, -80.0870155. The asking price for this property is $900,000.

    Property Features for 0 Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    441,829 SF

    HighLights

    • $900,000 asking price.
    • 10.143‑acre land parcel.
    • C‑3 zoning permits large‑scale commercial, office, and multifamily residential development.
    • All utilities available on‑site.
    • Located in Pittsburgh, PA (Allegheny County), near I‑376, the Mall at Robinson, and Settlers Ridge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carnegie
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0870155
    Latitude
    40.4417703

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    FAQs

    What type of property is this?
    Land - Prime commercial/residential land, excellent access.
    Where is this land located?
    The property is located at Ridge Rd Carnegie, PA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price.; 10.143-acre land parcel.; C-3 zoning permits large-scale commercial, office, and multifamily residential development.
    (412) 535-5756
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    Ridge Rd Carnegie, PA 15205
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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
    Ridge Rd Carnegie, PA 15205
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