100 Ridgeview Dr Smithfield, PA 15478
- Retail space
- 2.79 lot acres
Current Use by Public Records
- Smokin Scissors / Hair Salon / Beauty Salon
- ABC School House / Day Care Center
- HealthWorks Rehab & Fitness - Smithfield / Physical Therapy Clinic / Medical Clinic
- Aaron Early / Physical Therapist
- Diane White / Physical Therapist
Property Details for 100 Ridgeview Dr
- Lot size
- 2.79 lot acres
- Property type
- Retail space
- APN
- 14-25-0207-18
- APU
- 1425020718
Description
This exceptional Fayette County property offers 10,800 square feet of versatile office, retail, and restaurant space in a single, one-story building situated on a 5.08-acre lot. Currently, three of the six suites are available, totaling 5,374 square feet, and can be leased individually or combined. The vacant suites (B, C, and D) offer flexible layouts, with Suites B and C each comprising approximately 2,765 square feet and Suite D offering approximately 2,609 square feet. The building features a durable cinder block construction with a metal roof and ample parking, both in front and rear. The property boasts excellent visibility due to its location adjacent to Fayette Business Park, 0.2 miles from Route 43, Exit 8, at the intersection of Big Six Road and Dry Knob Road, an area with an average daily traffic count of 7,927 vehicles (Esri and Data Axle, 2021). A large, back-lit monument sign provides excellent signage opportunities. The property also includes attractive landscaping and an additional 2.29 acres suitable for future development, which is available for separate purchase at $350,000. The building and front portion of the property are also available for separate purchase at $1,850,000. The entire 5.08-acre property is offered for $2,200,000. The property's diverse suite sizes and prime location make it ideal for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,365,000
- 6.5%
- $1,545,000
- 7%
- $1,285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,495,000
- Geo Method
- $1,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,530,000
- Retail
- $1,525,000
- Mixed-Use
- $1,405,000
- Hospitality
- $1,230,000
- Educational
- $1,405,000
- Residential Income
- $1,575,000
- Energy
- $1,465,000
- Income-Based Land
- $1,655,000
- Food Service
- $1,340,000
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Fayette
- State
- Pennsylvania
- Longitude
- -79.772
- Latitude
- 39.8159
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
