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51 Hamilton Rd - First Commonwealth Bank 0.62 Acres of Commercial Land Offered at $1,200,000 in Whitehall, OH 43213
EXECUTIVE SUMMARY
– 6.25% Cap Rate
– Corporately guaranteed by First Commonwealth Bank (NYSE: FCF), a financial services company with 119 community banking offices in 28 counties throughout Pennsylvania and Ohio
– The First Commonwealth building is located at the busy intersection of East Broad Street and South Hamilton Road with over 25,000 cars per day.
– With two new corporate headquarters (Heartland Bank and Wasserstrom Restaurant Supply) within a half mile, the area is now home to over 50,000 daytime employees.
– Corporately guaranteed by First Commonwealth Bank (NYSE: FCF), a financial services company with 119 community banking offices in 28 counties throughout Pennsylvania and Ohio
– The First Commonwealth building is located at the busy intersection of East Broad Street and South Hamilton Road with over 25,000 cars per day.
– With two new corporate headquarters (Heartland Bank and Wasserstrom Restaurant Supply) within a half mile, the area is now home to over 50,000 daytime employees.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,200,000 | Lot Size | 0.62 AC |
| Price Per AC | $1,935,483.87 |
| Price | $1,200,000 |
| Price Per AC | $1,935,483.87 |
| Lot Size | 0.62 AC |
– Ground Lease. – The property is part of the new 21 acre Norton Crossing development, with 360 apartment units, a retail pad site (nearing contract), an Old Bag of Nails restaurant and two proposed medical office buildings.
PROPERTY TAXES
| Parcel Number | 090-008432 | Improvements Assessment | $190,300 |
| Land Assessment | $138,600 | Total Assessment | $328,900 |
PROPERTY TAXES
Parcel Number
090-008432
Land Assessment
$138,600
Improvements Assessment
$190,300
Total Assessment
$328,900
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51 Hamilton Rd - First Commonwealth Bank
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