845 4th Ave Coraopolis, PA 15108-1505
Property profile & analytics
845 4th Ave, Coraopolis, PA 15108-1505
- Retail space
- 0.77 lot acres
Property ID
US73-0567753
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 845 4th Ave
- Lot size
- 0.77 lot acres
- Property type
- Retail space
- APN
- 419-D-92
- APU
- 419D92
Description
Exceptional investment opportunity: a brand-new, Class A, 7,200-square-foot O'Reilly Auto Parts storefront in Coraopolis, Pennsylvania. This single-tenant, absolute NNN net lease property boasts a strong 4.82% cap rate and a substantial NOI of $107,000. Built in 2023, the property features 65 parking spaces on a 0.78-acre lot, situated in a C1 zoned area. The lease commenced July 11, 2023, with a 15-year initial term and five 5-year renewal options, ensuring long-term stability. Rent increases are built in with 10% bumps. The property benefits from its strategic location near hotels, restaurants, and interstates, minutes from Pittsburgh International Airport. This is a community fulfillment retailer with consistently increasing monthly sales. The seller is motivated and is seeking a 1031 exchange. This is a rare opportunity to acquire a high-quality, net-leased retail property with a proven tenant and significant upside potential. The asking price is $2,222,222, representing a price per square foot of $308.64. The property is owned by 845 4th Ave, LLC and is located at 845 4th Ave, Coraopolis, PA 15108.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Coraopolis
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.1677
- Latitude
- 40.5202
- 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
$27,518
$100,700
$539,800
$640,500
-
$100,700
$539,800
$640,500
