Property profile

626 5th Ave Coraopolis, PA 15108

OFF-MARKET
Retail residential properties
Property ID
US73-2140053
0.17 ac lot
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This 4,320 square foot mixed-use building, located at 626 5th Ave in Coraopolis, Pennsylvania, presents a compelling value-add investment opportunity. The four-story structure, built in 1920, sits on a 0.17-acre lot (APN 419-C-270) and is zoned C-3 Planned Shopping, permitting office or retail space with residential units above. Currently vacant, the building offers significant potential for renovation and repurposing. The first floor is suitable for office or retail use, while the second and third floors, previously used as offices and exam rooms, each include a full bathroom and kitchen and can be converted into two-bedroom apartments. The fourth floor is a shell, ready for build-out. Recent renovations include new exterior staircases. The building features separate entrances for each floor/apartment and on-street parking is available. Its prime location on 5th Ave/PA-51, the main thoroughfare through Coraopolis, and its proximity (2.7 miles) to the I-79 N/S interchange, enhance its appeal. The asking price is $375,000. The roof is approximately 18 years old. This property is ideal for owner-occupancy or investment, offering a chance to create significant value.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Lot 0.17 ac (7,250 SF)
APN 419-C-270
UPID US73-2140053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

626 5th Ave Coraopolis, PA 15108-1573
Coraopolis metro Census 450800 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2012
1 recorded transaction
2012
$138,177

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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