211 Summit Park DrPittsburgh, PA 15205

  • Retail properties
  • 4.15 AC
For Lease

Property Details for 211 Summit Park Dr

Lot size
4.15 AC
Property type
Retail properties
Property subtype
Community centers
APN
412-F-10
APU
412F10

Description

This exceptional retail space, totaling 2,500 square feet, is situated within Lafayette Plaza, a thriving commercial strip center in North Fayette, Pennsylvania, one of Pittsburgh's most dynamic retail markets. The property boasts high traffic counts and excellent visibility, ensuring maximum exposure for your business. This inline space is part of a 4,387 square foot building with a diverse mix of established tenants, including Bravo!, Wingstop, T-Mobile, FedEx Office, Men's Wearhouse, Highmark, Xfinity, Pure Barre, Uncle Sam's Sandwich Bar, and Choolaah. The location benefits from its proximity to a major retail power center anchored by prominent national retailers such as Macy's, Lowe's, Walmart Supercenter, Home Depot, Best Buy, Costco, Sam's Club, Target, Ikea, Petsmart, Kohl's, Giant Eagle Market District, Homegoods, Hobby Lobby, Marshalls, TJ Maxx, and Value City Furniture. This presents a unique opportunity to establish your business within a high-traffic, well-established retail environment, surrounded by a strong and diverse tenant mix. The property is located in Allegheny County and offers significant potential for growth and success. The available space is ideal for a variety of retail uses and presents a compelling investment opportunity in a prime Pittsburgh location. Contact us today to learn more about this exceptional retail space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $50,509,292
    6.5%
    $46,623,964
    7%
    $43,293,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $42,588,620
    Geo Method
    $42,588,620
  • Alternative Use

    Use
    Valuation
    Residential
    $39,329,056
    Hospitality
    $36,025,204
    Educational
    $29,972,548
    Medical
    $31,003,348
    Retail
    $46,623,964
211 Summit Park Dr, Pittsburgh, Pennsylvania
Leaflet | © OpenStreetMap contributors

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4482
Longitude
-80.18
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$194,895
$1,451,700
$5,894,500
$7,346,200
-
$1,451,700
$5,894,500
$7,346,200

FAQs

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