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Property profile & analytics

2928 Park Rd Bethel Park, PA 15102-1638

  • Turn key restaurants
  • 0.31 lot acres
OFF-MARKET
Value Estimation
$250,000
Location Intelligence
Property ID
US73-1992675
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 2928 Park Rd

Lot size
0.31 lot acres
Property type
Turn key restaurants
APN
476-R-234
APU
476R234

Description

This exceptional commercial property, located at 2928-2930 South Park Road in Allegheny County, offers a unique investment opportunity. The property encompasses a total of 11,931 square feet across three stories and sits on a 0.65-acre lot. Two spaces are currently available for lease. One space at 2928 South Park Road offers 1,284 square feet, ideal for office or retail use, and includes 15+ parking spaces and excellent signage opportunities. The second space, located at 2930 South Park Road, comprises 2,169 square feet and is a former restaurant space. The property also includes a three-story apartment building (6,894 sq ft) with two garages, all currently rented, presenting a strong cash flow potential for investors. The entire property boasts high visibility with 104 feet of frontage on South Park Road, experiencing an average daily traffic count exceeding 14,530 vehicles. The spacious interiors offer versatile layout options, and ample parking is available for both customers and staff. Its strategic location near established businesses and residential areas ensures high foot traffic and customer accessibility. The minimum divisible space is 1,284 square feet, while the maximum contiguous space available is 2,169 square feet. A total of 3,453 square feet is currently vacant. This property presents a compelling opportunity for owner-occupiers seeking to combine business operations with rental income or for investors looking to capitalize on a high-traffic location with multiple income streams.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $255,000
  • CAP approach

    CAP return
    Estimation
    6%
    $235,000
    6.5%
    $220,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $225,000
    Geo Method
    $235,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $245,000
    Retail
    $185,000
    Mixed-Use
    $230,000
    Hospitality
    $220,000
    Educational
    $235,000
    Residential Income
    $240,000
    Energy
    $195,000
    Income-Based Land
    $240,000
    Food Service
    $205,000

Location Insight

  • Map
  • Local Demand
City
Bethel Park
County
Allegheny
State
Pennsylvania
Longitude
-80.0406
Latitude
40.3282
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,711
$84,400
$28,700
$113,100
-
$84,400
$28,700
$113,100
More about this property
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