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    Property profile & analytics

    1421 Freeport Rd Natrona Heights, PA 15065-1341

    • Retail space
    • 2,256 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Mar 01, 2022
    $164,000
    Location Intelligence
    Property ID
    US73-0523444
    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

    • Retail space

    Property Details for 1421 Freeport Rd

    Year built
    1940
    Construction
    BRICK
    Lot size
    0.42 lot acres
    Property size
    2,256 SF
    Property type
    Retail space
    APN
    1519-N-168
    APU
    1519N168

    Description

    This exceptional 7,457 square foot retail space is located in the heart of South Beach's Art Deco District, offering unparalleled visibility and foot traffic. Situated on the second floor of a two-story building at the corner of Collins Avenue, this single-tenant unit boasts a prominent street-facing display window, ensuring maximum exposure to the bustling area. The zoning designation is 6501. The property features a flexible layout, ideal for a variety of businesses, including offices or service industries. Its prime location places it within steps of Ocean Drive and is surrounded by a vibrant mix of hotels, restaurants, and other thriving businesses. The property is move-in ready and available to qualified tenants with approved credit. The application process is straightforward and efficient. This is a truly unique opportunity to establish a presence in one of South Beach's most sought-after locations. The APN is 02-32-34-008-0260. Please note that this is a single-tenant space in a building with a total of one suite.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $135,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $120,000
      Mixed-Use
      $145,000
      Hospitality
      $145,000
      Educational
      $145,000
      Residential Income
      $140,000
      Energy
      $150,000
      Income-Based Land
      $125,000
      Food Service
      $125,000

    Location Insight

    • Map
    • Local Demand
    City
    Natrona Heights
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7314
    Latitude
    40.6193
    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
    $6,808
    $64,800
    $129,900
    $194,700
    -
    $64,800
    $129,900
    $194,700

    Comparable in this City

    • Value Estimation by Request
      0.63 Acres

      1529 Freeport Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.63 Acres
      1529 Freeport Rd, Natrona Heights, PA 15065-1314
      View Details
    • Value Estimation by Request
      9,100 SF

      3582 Saxonburg Rd

      Individual retail properties • 9,100 SF
      3582 Saxonburg Rd, Natrona Heights, PA 15065
      View Details
    • Value Estimation
      $245,000
      0.17 Acres

      1704 Broadview Blvd

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      1704 Broadview Blvd, Natrona Heights, PA 15065-2123
      View Details
    • Value Estimation
      $230,000
      0.16 Acres

      2013 Freeport Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
      2013 Freeport Rd, Natrona Heights, PA 15065-1533
      View Details
    • Value Estimation
      $260,000
      0.12 Acres

      1003 Idaho Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
      1003 Idaho Ave, Natrona Heights, PA 15065
      View Details
    • Value Estimation
      $1,575,000
      1.40 Acres

      1211 Rte 908

      RETAIL STORES (PERSONAL SERVICES) • 1.40 Acres
      1211 Rte 908, Natrona Heights, PA 15065-2982
      View Details

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    Natrona Heights, PA 15065-1341
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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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