221 9th Ave Homestead, PA 15120-1604
- Warehouses
- 0.21 lot acres
Current Use by Public Records
- Warehouses
Property Details for 221 9th Ave
- Lot size
- 0.21 lot acres
- Property type
- Warehouses
- APN
- 130-K-314
- APU
- 130K314
Description
This exceptional 24,000-square-foot warehouse, located at 221 E 9th Avenue in Homestead, Pennsylvania, presents a unique investment opportunity. The property boasts three floors, each with convenient car access, making it ideal for various uses. With 8,000-square-foot floorplates and 12-foot ceiling heights, the building offers ample space and functionality. Its former use as a Buick dealership highlights its suitability for vehicle or automobile storage. The warehouse sits on a 21-acre lot and enjoys a prime location in the heart of Homestead, offering easy access to major transportation routes including the Parkway East and Route 30. The property is conveniently situated near the Homestead Grays Bridge and waterfront, providing excellent visibility and accessibility. Access to the ground floor is via Hazel Way, while a ramp off E 9th Avenue leads to the second floor. The building's location on a quiet street adds to its appeal. Its proximity to the Homestead Fire Department provides an added layer of security. This is a rare opportunity to acquire a substantial industrial property in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $355,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $325,000
- Mixed-Use
- $305,000
- Hospitality
- $300,000
- Educational
- $345,000
- Residential Income
- $375,000
- Energy
- $310,000
- Income-Based Land
- $335,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.9095
- Latitude
- 40.407
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA