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1421 Freeport Rd Natrona Heights, PA 15065-1341

OFF-MARKET Retail space Google Maps
2,256 SF 0.42 ac lot Built 1940
Individually Owned ~ Est. High Equity
Estimated value (blended)
$150k
Range $135k – $165k (±10%)
Property ID US73-0523444

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction BRICK
Total area 2,256 SF
Lot 0.42 ac (18,213 SF)
APN 1519-N-168
UPID US73-0523444

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$160k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2026
Last sale
$164,000
4 recorded transactions
2026
$535,000
2022
$164,000
2020
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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