Property profile

1701 Lincoln Hwy North Versailles, PA 15137

OFF-MARKET
Outlet malls
Property ID
US73-4011683
6.68 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 1701 Lincoln Hwy in the Parkway East Corridor, offers a unique investment opportunity. Originally built in 1900 and currently undergoing redevelopment by new ownership, this 133,834 square foot center sits on 11 acres of land and boasts ample parking with a 3.4 spaces-per-1000-square-feet ratio (400 total spaces). The property is zoned GR and features multiple tenancies, ideal for a variety of retail uses. Spaces are available ranging from a minimum of 3,500 square feet up to a maximum contiguous space of 14,457 square feet. The redevelopment project is transforming a former movie theater into modern, attractive retail space, catering to businesses seeking flexible and adaptable layouts. The property's prime location within the Parkway East Corridor ensures high visibility and accessibility for potential tenants. The property's APN is 0645-D-00101-0000-00. This is an excellent opportunity to secure space in a vibrant, evolving retail center with significant potential for growth and return on investment. Currently, one space of 3,167 square feet is immediately available, with larger spaces potentially available as part of the ongoing redevelopment. The property's size and flexible space options make it suitable for a wide range of retail concepts.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Lot 6.68 ac (290,841 SF)
APN 645-G-340
UPID US73-4011683

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Arcade & Gaming Center Family Recreation Center
  • Nail Salon
  • Atm
  • Discount Store

Location

1701 Lincoln Hwy North Versailles, PA 15137-2550
North Versailles metro Census 564400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2024
1 recorded transaction
2024
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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