646 Mount Nebo Rd Pittsburgh, PA 15237
This exceptional 24-acre property presents a unique development opportunity in the thriving Ohio Township market of Allegheny County, Pennsylvania. Located at 646 Mt Nebo Rd, Pittsburgh, PA 15237, this land boasts an impressive 1300 feet of road frontage along Mt Nebo Road. The property is comprised of four parcels and is zoned for both commercial (C-1) and residential (R-3) uses, offering significant flexibility for mixed-use development. The C-1 zoning along Mt Nebo Road permits a wide range of commercial uses, including retail spaces, daycare centers, convenience stores, and food establishments. The R-3 zoning allows for the construction of multi-family and single-family homes. This strategic location offers easy access to Route 279 and is in close proximity to the Mt. Nebo shopping area, providing excellent visibility and convenient access to amenities. The asking price for this expansive parcel is $650,000. The property's APN is 0513-H-00052-0000-00, and it is owned by Bear Run Associates LP. This presents a rare chance to capitalize on the rapid growth in Ohio Township and create a significant development project. The property's location and zoning make it ideal for a variety of projects, from residential communities to commercial ventures.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.