16020 Perry Hwy Warrendale, PA 15086-7541
- Office buildings
- 0.66 lot acres
Current Use by Public Records
- Office buildings
Property Details for 16020 Perry Hwy
- Lot size
- 0.66 lot acres
- Property type
- Office buildings
- APN
- 1999-J-21
- APU
- 1999J21
Description
This exceptional 5,400 square foot office building, located at 16020 Perry Highway in Warrendale, Pennsylvania, presents a unique investment opportunity. Priced at $1,150,000 ($212.96 per square foot), this property offers a blend of executive and traditional office space, ideal for a variety of businesses. Situated on a 0.657-acre lot with permitted C zoning, the building boasts a newly renovated roof and updated HVAC systems (both within the last three years), ensuring efficient and comfortable operation. The building's layout includes a bright, open foyer, reception area, two conference rooms, seven offices on the first floor (approximately 3,000 square feet), and eight additional spacious offices, a copy/workroom, and a second conference room on the second floor (approximately 2,200 square feet). A kitchenette and lunchroom are also conveniently located within the building. The property benefits from excellent visibility on Route 19, easy access via a signalized intersection at Shenot Road and rear entry via Northgate Drive, and convenient right-in/right-out access from Perry Highway. Ample, recently re-blacktopped parking is available, and the location offers proximity to Interstates 76 and 79, providing convenient access to major transportation routes. The building has been meticulously maintained and occupied by the same tenant for nearly two decades, demonstrating its enduring appeal and suitability for long-term occupancy. For the right tenant, the owner is open to subdividing the building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $920,000
- 6.5%
- $1,030,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $940,000
- Geo Method
- $1,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,025,000
- Retail
- $1,135,000
- Mixed-Use
- $985,000
- Hospitality
- $1,125,000
- Educational
- $975,000
- Residential Income
- $1,195,000
- Energy
- $1,025,000
- Income-Based Land
- $930,000
- Food Service
- $1,225,000
Location Insight
- Map
- Local Demand
- City
- Warrendale
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0794
- Latitude
- 40.6509
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA