100 Cheryl Dr Pittsburgh, PA 15237
This exceptional investment opportunity presents a 0.488-acre outparcel strategically located at 100 Cheryl Drive in Pittsburgh, Pennsylvania, 15237. The property boasts a prominent 246-foot frontage on Cheryl Drive, offering unparalleled visibility and accessibility. Currently featuring a 550 square foot former bank building with a 1,200 square foot canopy and a four-lane drive-thru, this site is ideally suited for a variety of retail uses. The property is zoned C-1 Regional Commercial District and TD-1 Overlay District (McKnight Road Transportation), allowing for flexibility in development plans. The asking price is $400,000, with an annual rent of $40,000. Immediate delivery is available. This location benefits significantly from its proximity to Ross Park Mall, Western Pennsylvania's premier shopping destination, encompassing 1.237 million square feet and anchored by major retailers including Macy's, Nordstrom, Crate & Barrel, Dick's House of Sport, and L.L.Bean. This high-traffic area guarantees significant exposure and a strong customer base, making this an exceptional investment opportunity with immediate potential for high returns. The single-tenant property offers a straightforward investment strategy with clear potential for growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.