213 Executive Dr Cranberry Township, PA 16060
- Commercial real estate
- 1.73 lot acres
Current Use by Public Records
- Karen Wagner / Physical Therapist
- Kozik Brothers Inc / Excavating Contractor
- Adecco Staffing / Temp Agency / Recruiter
- Spinal Health & Wellness Center, LLC / Wellness Center / Alternative Medicine Practitioner
- Carol J. White, DC / Chiropractor
Property Details for 213 Executive Dr
- Lot size
- 1.73 lot acres
- Property type
- Commercial real estate
- APN
- 1304F110 5A3A0000
- APU
- 1304F1105A3A0000
Description
This exceptional investment opportunity presents three contiguous office buildings located at 213, 215, and 217 Executive Drive in Cranberry Township, Pennsylvania. The buildings, constructed in 1984 and 1986, offer a combined total of 12,624 to 24,000 square feet of traditional office space across three stories. Each building presents a unique opportunity, with 215 and 217 Executive Drive individually priced at $1.75 million, and 213 Executive Drive priced at $2.9 million. The property sits on a sizable lot ranging from 1.73 to 2.07 acres, zoned C1, providing ample parking and potential for expansion. The buildings benefit from excellent visibility and signage opportunities, and are conveniently located within walking distance of restaurants, hotels, and retail amenities. Furthermore, the complex enjoys easy access to major transportation arteries including I-79, the Pennsylvania Turnpike, and Routes 19 and 228, ensuring convenient commutes for employees and clients. This is a rare opportunity to acquire a well-situated, multi-building office complex in a thriving business community. The property's Assessed Parcel Numbers (APNs) are 130-4F110-5A3B, 130-4F110-5A3B, and 130-4F110-5A3A. This offering is ideal for owner-occupiers or investors seeking a strong foothold in the Cranberry Township market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $475,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $485,000
- Retail
- $450,000
- Mixed-Use
- $490,000
- Hospitality
- $445,000
- Educational
- $465,000
- Residential Income
- $405,000
- Energy
- $500,000
- Income-Based Land
- $475,000
- Food Service
- $510,000
Location Insight
- Map
- Local Demand
- City
- Cranberry Twp
- County
- Butler
- State
- Pennsylvania
- Longitude
- -80.107
- Latitude
- 40.6866
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA