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Property profile & analytics
FOR SALE
Commercial real estate

1567 Golden Mile Hwy Monroeville, PA 15146

27.26 ac lot
Trust Owned 20-yr Hold Free & Clear
Property ID
US73-0120179
Property summary
AI-generated overview

This exceptional 51.23-acre commercial land parcel presents a remarkable investment opportunity in Monroeville, Pennsylvania. Strategically located along the heavily trafficked Route 286 (Golden Mile Highway), this property boasts 1,000 feet of frontage, ensuring high visibility and accessibility. The site benefits from all available public utilities, simplifying development plans. With a daily traffic count of 20,027 vehicles, this location offers unparalleled exposure for any commercial venture. The C-2 zoning permits a wide range of uses, making it ideal for various development projects, particularly multifamily developments. Its proximity to Monroeville Park & Ride provides convenient public transportation access, while its location just 2.4 miles from the Turnpike 76 and Parkway 376 East ensures easy regional connectivity. The property's APN is 1243-N-224 1107-D-161 1243-N-222. This prime location, combined with its substantial size and advantageous zoning, makes this a truly exceptional opportunity for significant returns. The asking price for this expansive commercial land is $2,500,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 27.26 ac (1,187,445 SF)
APN 1243-N-224
UPID US73-0120179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k
Owner & transaction history
Biondi Family Trust · 20 yrs held
Biondi Family Trust
since 2006
2 recorded transactions
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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