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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1650 Evergreen Rd Pittsburgh, PA 15209

2.35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.35-acre commercial property, located at 1650 Evergreen Road in Millvale, Pennsylvania, presents a unique investment opportunity. Situated at the highly visible corner of Evergreen Road and Babcock Boulevard, this property boasts excellent exposure to significant daily traffic volumes. Pennsylvania Department of Transportation data indicates 14,000 vehicles daily on Babcock Boulevard and 10,000 vehicles daily on Evergreen Road, ensuring substantial visibility for any business. The property is zoned NS (Neighborhood Shopping District), permitting a variety of uses including retail, restaurant, and office spaces. Conditional uses may include residential development, subject to approval. The location offers immediate proximity to established businesses such as Shop 'n Save, NexTier Bank, and Dollar General, creating a synergistic environment. Conveniently located on a bus route, this property also enjoys easy access to downtown Pittsburgh, only a 15-minute drive away. The asking price for this prime commercial lot is $249,000. This presents a rare chance to acquire a strategically positioned property in a thriving area with high traffic counts and diverse permitted uses. The 15209 zip code offers further advantages for business development.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.35 ac (102,366 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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