215 Northgate Dr Warrendale, PA 15086
This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in Warrendale, Pennsylvania. Situated on a prime, highly visible corner lot at 215 Northgate Drive, this property boasts Town Center zoning within Marshall Township, offering a wide array of permitted and conditional uses. Currently approved for a 6,000 square foot restaurant with 83 parking spaces, the site's potential extends to various retail and professional office spaces. Its strategic location, adjacent to a new Class A office building (Pinewood Place) and just off Route 19 near Northgate and the Red Belt, ensures excellent accessibility and high traffic visibility. The property benefits from its proximity to major employment centers, including RIDC Thorn Hill industrial park, Copperleaf Corporate Center, and Brooktree Office Park, as well as significant retail destinations like Cranberry Mall and Cranberry Springs. Marshall Township's vision for Northgate Drive as "downtown Warrendale," with planned improvements including new sidewalks, further enhances the property's long-term value and potential for synergistic business growth. The site's location between Wexford Flats and the center of Cranberry Township provides access to a large and diverse customer base. The possibility of securing additional off-site parking further expands development options. This is an exceptional opportunity to capitalize on the thriving commercial landscape of this rapidly developing area. The asking price is $1,295,000. Detailed zoning information for Marshall Township is readily available online.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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