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    Property profile & analytics

    3 Walkers Ml Rd Carnegie, PA 15106-1667

    • Investment properties
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US73-5741582
    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

    • Investment properties

    Property Details for 3 Walkers Ml Rd

    Lot size
    0.06 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    200-J-16
    APU
    200J16

    Description

    This exceptional commercial property, located at 3 Walkers Mill Rd in Carnegie, PA, presents a remarkable investment opportunity. Situated on a desirable 0.15-acre double corner lot, this building is ideally suited for restaurant or retail use, offering significant potential for a variety of businesses. The main floor boasts a spacious, open layout perfect for customer interaction, featuring new tile flooring and a sizable kitchen area. A charming front window area is well-suited for convenient takeout and delivery services. The full basement provides ample storage space, adding to the property's functionality. Upstairs, a large unfinished area offers significant expansion possibilities, including space for a business office and rough-ins for an additional restroom. The property also includes a convenient and spacious level parking lot with ample room for customer vehicles. This versatile building offers a blend of existing features and significant upside potential, making it an attractive option for entrepreneurs seeking a well-located commercial space in a thriving community. The asking price is $569,000. This is a rare opportunity to establish or expand your business in a prime location within Collier Township. Don't miss out on this chance to own a piece of Carnegie's vibrant commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $190,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $225,000
      Mixed-Use
      $215,000
      Hospitality
      $185,000
      Educational
      $200,000
      Residential Income
      $210,000
      Energy
      $225,000
      Income-Based Land
      $200,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Carnegie
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.1303
    Latitude
    40.3975
    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
    $2,211
    $25,600
    $50,600
    $76,200
    -
    $25,600
    $50,600
    $76,200

    Comparable in this City

    • Value Estimation
      $255,000
      0.08 Acres

      331 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.08 Acres
      331 Main St, Carnegie, PA 15106-2781
      View Details
    • Value Estimation
      $280,000
      0.05 Acres

      205 Mary St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.05 Acres
      205 Mary St, Carnegie, PA 15106-2489
      View Details
    • Value Estimation by Request
      4.11 Acres

      235 Hope St

      OFFICE/RESIDENTIAL (MIXED USE) • 4.11 Acres
      235 Hope St, Carnegie, PA 15106-3655
      View Details
    • Value Estimation
      $310,000
      0.03 Acres

      232 3rd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.03 Acres
      232 3rd Ave, Carnegie, PA 15106-2616
      View Details
    • Value Estimation
      $195,000
      0.07 Acres

      405 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.07 Acres
      405 Main St, Carnegie, PA 15106-2048
      View Details
    • Value Estimation
      $260,000
      0.25 Acres

      23-25 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.25 Acres
      23-25 Main St, Carnegie, PA 15106
      View Details

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    Carnegie, PA 15106-1667
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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