100 Cheryl Dr Pittsburgh, PA 15237
This exceptional commercial property, located at 100 Cheryl Dr, Pittsburgh, PA 15237, presents a unique investment opportunity. The 550 square foot building, formerly a bank, sits on a sizable 0.488-acre lot within the highly desirable Ross Park Mall area. The property benefits from a prime location in Allegheny County, enjoying excellent visibility and accessibility due to its placement on a four-lane road. A significant advantage is the existing 1,200 square foot canopy over a drive-thru, ideal for various commercial uses. The zoning designation is C-1 Regional Commercial District and TD-1 Overlay District (McKnight Road Transportation), allowing for a range of development possibilities. The asking price is $400,000, and the lease type is NNN. This property offers significant potential for investors seeking a strong return in a thriving retail environment. Ross Park Mall, a premier shopping destination in Western Pennsylvania, boasts over 1.237 million square feet of retail space and is anchored by major retailers including Macy's, Nordstrom, Crate & Barrel, JCPenney, and L.L.Bean, ensuring high foot traffic and brand recognition. This location provides unparalleled exposure and access to a substantial consumer base. The property's size and existing infrastructure make it an attractive option for redevelopment or continued use as a commercial space.
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.