Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Steubenville Pike McKees Rocks, PA 15136

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with frontage on Route 60.

    Type:Land
    Added:
    Sep 14, 2023
    Days on Market:
    954
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for Steubenville Pike

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Chris Lang

    Listing agent Chris Lang License #PA

    Listing office Lang Development

    Listing date Sep 14, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lang Development

    Overview

    Commercial Land with Route Frontage

    This commercial land offers approximately 490 feet of frontage along Route 60. The site benefits from a traffic signal at either end. It is located approximately 1/4 mile from the Route 79/60 interchange.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    McKees Rocks
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.1115
    Latitude
    40.4648

    Nearby Similar for Sale

    • $195,000

      Stowe Township Multifamily Investment Opportunity

      Four-unit multifamily property with a large garage in Stowe Township.
      618 Broadway Ave, Stowe Township, PA 15136
      View Details
    • $150,000

      Robinson Twp Commercial Land For Sale

      Commercial land available in Robinson Twp, Allegheny County.
      0 Clever Road, Robinson Twp, PA 15136
      View Details
    • $254,900

      McKees Rocks Multifamily Investment Opportunity

      Four 2-bed units in McKees Rocks with positive cashflow.
      832 Broadway Ave, McKees Rocks, PA 15136
      View Details
    • $175,000

      Hotel, Bar, and Apartments

      Investment property with hotel, bar, restaurant, and apartments.
      900 Island Ave, McKees Rocks, PA 15136
      View Details
    • $107,000

      Stowe Township Multifamily Residential Property

      Multifamily residential property with income potential in Stowe Township, PA.
      811 10th St, Stowe Township, PA 15136
      View Details
    • $3,000
      8,000 SF

      Retail/Office Space in McKees Rocks

      Turn-key retail/office space with excellent visibility and high traffic.
      5827 Steubenville Pike, McKees Rocks, PA 15136
      View Details
    • Contact for pricing
      14,564 SF

      Retail Space in McKees Rocks

      Retail and restaurant spaces available in shopping center.
      112-156 Chartiers Avenue, McKees Rocks, PA 15136
      View Details
    • Contact for pricing
      14,564 SF

      Retail Space in Chartiers Crossing

      Former Rite Aid in Aldi-anchored shopping center for sale.
      155 Chartiers Avenue, McKees Rocks, PA 15136
      View Details
    • $2,995,000
      45,280 SF

      2-story, light industrial building featuring a mix of office and warehouse space

      Versatile 45,280 sq ft building with office and warehouse space.
      501 Robb St, McKees Rocks, PA 15136
      View Details
    • Contact for pricing
      8,997 SF

      McKees Rocks Commercial Land Opportunity

      Commercial land available for ground lease or build to suit.
      Island Ave, McKees Rocks, PA 15136
      View Details
    • $3,600,000
      2,135 SF

      7-Eleven

      7-Eleven investment opportunity in McKees Rocks, Pennsylvania.
      2 Heckel Road, McKees Rocks, PA 15136
      View Details
    • $1,995,000
      59,931 SF

      59,931 SF former senior care facility and church

      59,931 SF property in McKees Rocks, PA, prime redevelopment opportunity.
      814 Chartiers Avenue, McKees Rocks, PA 15136
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with frontage on Route 60.
    Where is this commercial land located?
    The property is located at Steubenville Pike McKees Rocks, PA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 490’ of frontage along Route 60; Traffic signal on either end of the site; Located approximately 1/4 mile from the Route 79/60 interchange
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Lang
    Real Estate License ID: PA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!