Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2938 Washington Road Canonsburg, PA 15317

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    Warehouse - Peters Twp, PA

    Type:Warehouse
    Lot size:
    2.74 Acres
    Added:
    Oct 30, 2025
    Days on Market:
    171
    Last Refresh:
    Apr 18 at 4:06 am

    Property Features for 2938 Washington Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Zoning
    C-2
    Parking
    8
    Standard status
    Active
    Lot size
    2.74 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5000

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Roger Dolanch

    Listing agent Roger Dolanch

    Listing office CENTURY 21 FRONTIER REALTY 4121 Washington Road, McMurray, PA

    Listing date Oct 30, 2025

    MLS# 1728902 Listing URL

    Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land on Washington Road

    This 2.74-acre commercial land parcel is located on Washington Road in Peters Township, PA. The property is zoned C-2. According to the listing information, there is a turning lane on Route 19 (Washington Road). A building is to be removed from the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warren Dernoshek Service Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canonsburg
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.101921
    Latitude
    40.296622

    Nearby Similar for Sale

    • $1,600,000

      Versatile Flex Building in Canonsburg

      7,400 SF flex building with 1,500 SF office space.
      110 Valleybrook Road, Peters Twp, PA 15317
      View Details
    • $2,500,000

      Prime Land on Route 19

      5+ acres with 1,100+ feet of road frontage.
      0 Washington Rd, North Strabane, PA 15317
      View Details
    • $400,000

      Professional Office Building in Canonsburg

      Functional office space suitable for professional, medical, or service-oriented businesses.
      130 Cecil Street, Canonsburg, PA 15317
      View Details
    • $9,890,000

      Route 19 Acreage Opportunity

      5.8+ acres on Route 19 in Peters Township.
      3009 Washington Rd, Peters Twp, PA 15317
      View Details
    • $400,000

      Canonsburg Owner-User Opportunity

      Office building for sale in Canonsburg, Pennsylvania.
      130 Cecil St, Canonsburg, PA 15317
      View Details
    • $389,000

      Commercial Land Parcel in Cecil

      Unimproved 0.83-acre commercial land parcel zoned C-1 in Cecil, PA.
      0 Morganza Road, Cecil, PA 15317
      View Details
    • Contact for pricing
      6,250 SF

      Versatile Flex Property in Canonsburg

      Flex property with offices, warehouse, shop, and outdoor storage.
      6 Four Coins Dr, Canonsburg, PA 15317
      View Details
    • $2,500,000
      9,150 SF

      Retail Space For Sale

      9,150 SF retail space available for purchase.
      110 W Mcmurray Rd, Canonsburg, PA 15317
      View Details
    • $2,500,000
      9,150 SF

      Retail Space For Sale

      9,150 SF retail space available for purchase.
      110 W Mcmurray Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      10,200 SF

      Retail Building Near Interstate 79

      10,200 SF building near I-79 in Canonsburg, PA.
      108 Cavasina Dr, Canonsburg, PA
      View Details
    • $1,500,000

      Canonsburg Office Building with Storage

      Office building with multiple units and ample storage space.
      560 W Pike St, Canonsburg, PA
      View Details
    • Contact for pricing
      4,672 SF

      Historic Building in Prime Location

      Charming 4,672 SF building in Canonsburg's heart.
      207 Adams Ave, Canonsburg, PA 15317
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.74 acres of commercial land available for sale.
    Where is this commercial land located?
    The property is located at 2938 Washington Road Canonsburg, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Turning lane on Route 19 (Washington Road.); Location: -80.10192, 40.296623; Building to be removed.
    (724) 941-8680
    We can help!
    Listing Contact
    Roger Dolanch
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!