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    Property profile & analytics

    723 Midland Ave Midland, PA 15059

    • Retail space
    • 5,364 SF
    • 0.07 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Value Estimation
    $445,000
    Last Sale
    Apr 22, 2022
    $495,000
    Location Intelligence
    Property ID
    US73-5935434
    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

    • Retail space

    Property Details for 723 Midland Ave

    Year built
    1915
    Construction
    BRICK
    Lot size
    0.07 lot acres
    Property size
    5,364 SF
    Property type
    Retail space
    APN
    33-005-0608.000
    APU
    330050608000

    Description

    This exceptional 2,600-square-foot executive office space is available for lease at 723 Midland Avenue in Midland, Pennsylvania, Beaver County. Located on State Route 68, this single-tenant property boasts 24 feet of prominent street frontage, ensuring high visibility for your business. The entire space is currently vacant and ready for immediate occupancy. The lease includes the first floor and a full basement, providing ample room for various office configurations. The property is being leased "as-is," offering the tenant complete flexibility to customize the buildout to perfectly suit their needs. The monthly rent is $900, and the tenant is responsible for all utilities and interior repairs. The landlord will maintain the roof and structural walls of the building. This presents a unique opportunity to establish a strong presence in a desirable Midland location. The property is classified as both retail and office space, offering versatility for a range of businesses. The zip code is 15059. This is a fantastic opportunity for a business seeking a well-located, adaptable space at an attractive rental rate. The property's convenient location and ample square footage make it an ideal choice for businesses seeking to establish a strong presence in the Midland area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $560,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $640,000
      Retail
      $680,000
      Mixed-Use
      $545,000
      Hospitality
      $520,000
      Educational
      $545,000
      Residential Income
      $645,000
      Energy
      $555,000
      Income-Based Land
      $500,000
      Food Service
      $615,000

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Beaver
    State
    Pennsylvania
    Longitude
    -80.4534
    Latitude
    40.6376
    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
    $5,043
    $11,800
    $104,350
    $116,150
    -
    $23,600
    $208,700
    $232,300

    Comparable in this City

    • Value Estimation by Request
      3,343 SF

      100 Midland Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,343 SF
      100 Midland Ave, Midland, PA 15059-1238
      View Details
    • Value Estimation
      $175,000
      5,789 SF

      15 6th St

      RETAIL STORES (PERSONAL SERVICES) • 5,789 SF
      15 6th St, Midland, PA 15059-1306
      View Details
    • Value Estimation
      $190,000
      7,076 SF

      847 Midland Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,076 SF
      847 Midland Ave, Midland, PA 15059-1511
      View Details
    • Value Estimation by Request
      4,704 SF

      620 Midland Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,704 SF
      620 Midland Ave, Midland, PA 15059-1410
      View Details
    • Value Estimation by Request
      3,912 SF

      538 Midland Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,912 SF
      538 Midland Ave, Midland, PA 15059-1313
      View Details
    • Value Estimation
      $290,000
      1,200 SF

      226 Midland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      226 Midland Ave, Midland, PA 15059-1219
      View Details

    Similar Nearby for Sale

    • $90,000
      0.06 Acres

      Large Storefront with Storage Space

      Retail property featuring a large storefront and storage in Midland.
      620 Midland Ave, Midland, PA 15059
      View Details
    • $227,000
      0.73 Acres

      Midland Avenue Retail Development Site

      High-traffic corner lot, prime retail opportunity.
      469 Midland Ave, Midland, PA 15059
      View Details
    • Contact for pricing
      7,076 SF

      Retail Property on Midland Avenue

      7,076 SF retail property on 0.5 AC for sale.
      847 Midland Ave, Midland, PA 15059
      View Details
    • $227,000
      0.73 Acres

      Midland Ave Commercial Land

      0.73-acre development site, high traffic.
      469 Midland Ave, Midland, PA 15059
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      2,600 SF

      Midland Ave Executive Office Space

      Prime Midland, PA Office Space: 2600 sq ft.
      723 Midland Ave, Midland, PA 15059
      View Details
    • $9 SF/Yr
      1,000 SF

      Midland Ave Executive Office Space

      1,000 sq ft Executive Office in Midland, PA
      820 Midland Ave, Midland, PA 15059
      View Details
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    Midland, PA 15059
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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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