131 Mclafferty Rd Fenelton, PA 16034
- Commercial real estate
- 1.18 lot acres
Current Use by Public Records
- Long's Auto Body Inc / Auto Body Shop
Property Details for 131 Mclafferty Rd
- Lot size
- 1.18 lot acres
- Property type
- Commercial real estate
- APN
- 090 1F67 28BA0000
- APU
- 0901F6728BA0000
Description
This exceptional 7,234 square-foot commercial property in Fenelton, PA, presents a turnkey opportunity for an auto body repair business. Situated on a 1.18-acre lot, the building boasts a comprehensive array of features designed for efficient operation. The facility includes two bathrooms and two offices, providing ample space for administrative tasks and employee comfort. Access to the expansive workshop is provided by multiple garage doors: four 10-foot, three 8-foot, and one substantial 16-foot door. Recent renovations have significantly enhanced the property's condition, with a brand-new roof, new siding, a completely renovated bathroom, a new breaker box, and a new entry box complete with a meter. The property is equipped with a well and septic system, ensuring self-sufficiency. Multiple furnaces maintain a comfortable interior climate. A large built-in desk and reception area create a professional and welcoming front-of-house experience. Specialized equipment includes vehicle lifts, a dedicated tool storage room, a mixing room for paints and materials, and a fully functional paint booth. Exterior features include a convenient storage shed and a prep deck, along with ample parking for customers and employees. This meticulously maintained property offers a rare combination of size, functionality, and recent upgrades, making it an ideal investment for a thriving auto body repair business. Priced at $650,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $280,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $285,000
- Mixed-Use
- $375,000
- Hospitality
- $360,000
- Educational
- $295,000
- Residential Income
- $380,000
- Energy
- $330,000
- Income-Based Land
- $300,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Fenelton
- County
- Butler
- State
- Pennsylvania
- Longitude
- -79.7339
- Latitude
- 40.8432
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA