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Property profile & analytics
OFF-MARKET
Retail space

501 Allegheny Riv Blvd Verona, PA 15147-1034

0.54 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-2566625
Property summary
AI-generated overview

This exceptional retail property, located at 501 Allegheny River Blvd in Verona, Pennsylvania, presents a compelling investment opportunity. The 2,300 square foot building, situated on a half-acre lot (23,622 sq ft), is currently 100% occupied, with the lease expiring May 31, 2024. Originally constructed in 1975 and renovated in 2005, this Class B building features a single unit with an open bay area, office space, showroom, and an 8-foot overhead door, making it suitable for a variety of uses including auto shops, quick-service restaurants, or storefronts. The property boasts excellent visibility and convenient access, situated in a high-traffic area. All public utilities are available. The asking price is $359,000, translating to $156.09 per square foot. This property offers significant potential for owner-users seeking a versatile space in a thriving market, serving a demographic of 152,000 people within a 5-mile radius. The Allegheny County location, with APN 0365-B-00178-0000-00, provides easy ingress and egress, maximizing exposure for any business. This is a rare opportunity to acquire a well-maintained, strategically located retail building in a high-demand area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.54 ac (23,622 SF)
APN 365-B-178
UPID US73-2566625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Unitary Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
A K D K Properties L L C · 1 yrs held
A K D K Properties L L C
since 2024
Last sale
$294,000
2 recorded transactions
2024
$294,000
2000
$307,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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