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    Property profile & analytics

    1176 National Pike Hopwood, PA 15445-2236

    • Retail space
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US73-2352971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hopwood Foodland / Grocery Store

    Property Details for 1176 National Pike

    Lot size
    1.24 lot acres
    Property type
    Retail space
    APN
    34-38-0001
    APU
    34380001

    Description

    This exceptional 16,762-square-foot retail property, located at 1176 National Pike in Hopwood, Pennsylvania, presents a remarkable investment opportunity. Situated on a 1.52-acre lot (APN 34-38-0001), this former grocery store boasts a completely cleared first floor, ideal for diverse retail uses, including restaurants or convenience stores. The space is easily adaptable and could be subdivided into individual suites. Recent renovations (June 2023) include a new roof, fresh paint, and energy-efficient LED lighting. Ample parking is provided with 85 spaces. The property's zoning is Medium Density Residential. A significant advantage for food service businesses is the existing commercial hood system above the ceiling in the rear. The expansive 13,888-square-foot basement offers additional walk-in areas, a dock-high door, a drive-in door, a platform lift, dedicated shipping and receiving areas, pallet storage, and a compressor room complete with a backup generator. Built in 1960, this property offers a blend of classic structure and modern upgrades, making it a highly attractive proposition for discerning investors seeking a versatile and well-equipped retail space in a desirable location. The asking price is $800,000, with a price per square foot of $47.72.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $335,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $265,000
      Mixed-Use
      $320,000
      Hospitality
      $265,000
      Educational
      $330,000
      Residential Income
      $350,000
      Energy
      $330,000
      Income-Based Land
      $310,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Hopwood
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.7029
    Latitude
    39.8777
    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
    $5,260
    $25,595
    $164,108
    $189,703
    -
    $51,190
    $328,216
    $379,406

    Comparable in this City

    • Value Estimation by Request
      1,312 SF

      1228 National Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,312 SF
      1228 National Pike, Hopwood, PA 15445
      View Details
    • Value Estimation by Request
      0.26 Acres

      1227 National Pike

      RETAIL STORES (PERSONAL SERVICES) • 0.26 Acres
      1227 National Pike, Hopwood, PA 15445-2251
      View Details
    • Value Estimation
      $120,000
      0.11 Acres

      103 Hopwood Fairchance Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.11 Acres
      103 Hopwood Fairchance Rd, Hopwood, PA 15445-2101
      View Details
    • Value Estimation
      $185,000
      0.37 Acres

      1225 National Pike

      RETAIL STORES (PERSONAL SERVICES) • 0.37 Acres
      1225 National Pike, Hopwood, PA 15445-2251
      View Details
    • Value Estimation by Request
      732 SF

      498 Coolspring Jumonville Rd

      RETAIL STORES (PERSONAL SERVICES) • 732 SF
      498 Coolspring Jumonville Rd, Hopwood, PA 15445-2410
      View Details
    • Value Estimation by Request
      0.22 Acres

      1182 National Pike

      RETAIL STORES (PERSONAL SERVICES) • 0.22 Acres
      1182 National Pike, Hopwood, PA 15445-2236
      View Details
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    1176 National Pike
    Hopwood, PA 15445-2236
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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