Property profile

95 Greensburg Rd New Kensington, PA 15068

OFF-MARKET
Land
12.5 ac lot
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Property summary

AI-generated overview

This exceptional 12.5-acre parcel presents a rare opportunity for commercial or residential development in Lower Burrell, Pennsylvania. Located at 95 Greensburg Rd, this flat, highly visible site boasts an ideal location on the western edge of Westmoreland County, within a thriving retail corridor. The property is zoned C-1 and C-2, allowing for a wide range of commercial uses. Its previous use as a drive-in theater provides a strong foundation for redevelopment, with existing infrastructure potentially reducing development costs. The site's strategic positioning ensures excellent exposure to high traffic volume, making it perfect for businesses seeking maximum visibility. Surrounding established retailers such as McDonald's, Family Dollar, and Walgreens further enhance the property's desirability and potential for success. This prime location offers unparalleled access to a dense population base, making it an attractive investment for developers seeking a high-return opportunity. The asking price for this exceptional 12.5-acre tract is $895,000. The property's flat topography simplifies development, minimizing site preparation costs and accelerating project timelines. This is a truly unique opportunity to acquire a significant land parcel in a prime location with exceptional visibility and development potential. The property is situated in Westmoreland County, PA, zip code 15068.

Property profile

Verified
Property type Land
Lot 12.5 ac (544,500 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

95 Greensburg Rd New Kensington, PA 15068
New Kensington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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