Automotive Service Showroom
For Sale
Contact for pricing
1101 Lincoln Hwy, North Versailles, PA 15137
Former auto dealership includes a retail/office portion and an 8,400 SF mechanic bay with 20-foot ceilings and three lifts.
Property Size10,800 SF
Price / SF$103.24
Days on Market291
Property Features for 1101 Lincoln Hwy
General Information
Standard status
Active
Size
10,800 SF
Total Parking Spaces
45
Property subtype
RETAIL
Additional Details
Traffic Count
20,000 vehicles/day
Service Bays
3
Building Details
Year Built
1995
Buildings
1
Listing Agency:
SVN | Three Rivers Commercial Advisors
(412) 535-8050
Listed By:
Jason Campagna · License ##RM424399
(724) 825-3137
Source:
Moodyscre
Added: Nov 26, 2025
Changed: Sep 5
Last Checked: Sep 13 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
This former auto dealership property features a 10,800 SF building built in 1995. The space is configured with approximately 2,400 SF of retail/office and an 8,400 SF mechanic bay designed with 20-foot ceilings and three car lifts.
Outside, the property offers a 45-car parking lot. Public remarks also note approximately 20,000 vehicles per day visibility along Lincoln Highway, supporting showroom and service-oriented use. The property is being offered for sale or lease.
The building’s existing layout and height accommodate automotive service operations alongside a front retail/office component, making it suited for users seeking a ready-made dealership or service configuration.
Outside, the property offers a 45-car parking lot. Public remarks also note approximately 20,000 vehicles per day visibility along Lincoln Highway, supporting showroom and service-oriented use. The property is being offered for sale or lease.
The building’s existing layout and height accommodate automotive service operations alongside a front retail/office component, making it suited for users seeking a ready-made dealership or service configuration.
Key Highlights
- 10,800 SF former auto dealership with 2,400 SF retail/office plus an 8,400 SF mechanic bay
- 8,400 SF mechanic bay features 20‑foot ceilings and 3 car lifts
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,618
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,152,360
$1.2M
Cap Rate 7%
$823,114
$823.1K
Cap Rate 9%
$640,200
$640.2K
Market Conditions
NOI Build-Up for 10,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$88.1K $8.16/SF
− Vacancy
−$5.8K −$0.54/SF
EGI
$82.3K $7.62/SF
− OpEx
−$24.7K −$2.29/SF
NOI
$57.6K $5.34/SF
Area
Allegheny County, PA
Vacancy
6.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,152,360
Cap Rate 7%
$823,114
Cap Rate 9%
$640,200
Alternative Uses
Best Use
Retail
$1.80M
$1.57M – $2.10M
NOI $125,874 @ 7.0% cap · market cap 11.29%
Second Best
Industrial
$823.1K
$720.2K – $960.3K
NOI $57,618 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M
NOI $192,565 @ 7.0% cap · market cap 17.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Service bays
20,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
48k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Dining 25%
GetGo Gas Station
Shops & Services
25,978 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,837 visits/mo
0.1 miles
Sunoco
Shops & Services
7,294 visits/mo
0.1 miles
AutoZone
Shops & Services
1,460 visits/mo
0.3 miles
KeyBank
Shops & Services
1,048 visits/mo
0.5 miles
Demographics for 15137, PA
9,939
Population
5,336
Households
1.9
Avg Household Size
47
Median Age
22%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
1,258
Density / Sq Mi
$51,766
Median Household Income
$40,051
Median Earnings
$869
Median Rent
$115,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dan Reed Auto — 3840 Crooked Run Rd, North Versailles, PA 15137
- Father & Son Truck & Auto — 100 Berardi Ct, North Versailles, PA 15137
- Jason Fox Auto Service — 1438 Lincoln Hwy, North Versailles, PA 15137
- Daryls Auto Services — 1438 Lincoln Hwy, North Versailles, PA 15137
- Bean's Auto Repair — 1103 3rd St, North Versailles, PA 15137
Frequently Asked Questions
What type of property is this?
Auto shop - Former auto dealership includes a retail/office portion and an 8,400 SF mechanic bay with 20-foot ceilings and three lifts.
Where is this auto shop located?
The property is located at 1101 Lincoln Hwy North Versailles, PA.
What is the asking price?
The asking price for this property is $1,115,000.
What are key features of this property?
This property features: 10,800 SF former auto dealership with 2,400 SF retail/office plus an 8,400 SF mechanic bay; 8,400 SF mechanic bay features 20‑foot ceilings and 3 car lifts; Built in 1995
