3957 Old William Penn Hwy Murrysville, PA 15668-1854
- Commercial real estate
- 1,505 SF
- 0.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3957 Old William Penn Hwy
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.16 lot acres
- Property size
- 1,505 SF
- Property type
- Commercial real estate
- APN
- 49-14-01-0-089
- APU
- 4914010089
Description
This versatile 0.16-acre commercial property at 3957 Old William Penn Highway in Murrysville, PA, presents a unique investment opportunity. Priced at $319,000, this mixed-use building offers significant potential for a variety of businesses or rental income. Its strategic location on the well-traveled Old William Penn Highway ensures high visibility and accessibility, placing it conveniently near Ferri's grocery store. The property boasts a substantial parking lot, capable of accommodating numerous vehicles, in addition to a convenient one-car attached garage. Access is readily available from Old William Penn Highway itself, or via the adjacent alley running parallel to the highway at the rear of the building. The structure has been meticulously maintained and is ready for immediate occupancy, allowing for customization to suit your specific needs. Whether you envision a thriving small business or a lucrative rental property, this property's prime location and ample parking make it an exceptional investment prospect. The existing building provides a solid foundation for your vision, offering a chance to create a successful enterprise in a highly desirable area. The property's versatility and convenient access make it an attractive option for a wide range of commercial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $380,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $355,000
- Mixed-Use
- $365,000
- Hospitality
- $355,000
- Educational
- $300,000
- Residential Income
- $360,000
- Energy
- $355,000
- Income-Based Land
- $310,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Murrysville
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.6949
- Latitude
- 40.428
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA