233 Auburn St Pittsburgh, PA 15206
- Manufacturing properties
- 0.48 lot acres
Current Use by Public Records
- Stagno's Bakery / Bakery
Property Details for 233 Auburn St
- Lot size
- 0.48 lot acres
- Property type
- Manufacturing properties
- APN
- 125-A-229
- APU
- 125A229
Description
This exceptional redevelopment opportunity encompasses a 1.32-acre site in Pittsburgh's Larimar neighborhood, conveniently located near Bakery Square. The property includes a 37,585 square foot former commercial bakery building, featuring a mezzanine and basement, which operated for over 60 years. An additional 8,720 square foot parcel contains a 2,745 square foot building previously used as a vehicle repair shop. The majority of the land is zoned UI, offering significant potential for various industrial uses. This prime location presents a unique chance to acquire a substantial property in a thriving urban area, combining vacant land with existing structures for a versatile redevelopment project. The main building offers significant square footage, while the smaller building provides additional space or potential for demolition and expansion. The property's proximity to Bakery Square adds to its appeal, offering easy access to amenities and a vibrant community. This is an ideal opportunity for developers seeking a large-scale project in a desirable Pittsburgh location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $440,000
- 6.5%
- $455,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $485,000
- Retail
- $470,000
- Mixed-Use
- $505,000
- Hospitality
- $455,000
- Educational
- $505,000
- Residential Income
- $430,000
- Energy
- $445,000
- Income-Based Land
- $455,000
- Food Service
- $500,000
Location Insight
- Map
- Local Demand
- City
- East Liberty
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.9135
- Latitude
- 40.4612
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA