Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    1200 Ashwood Dr Canonsburg, PA 15317

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier office space with abundant natural light and modern finishes.

    Property size:
    1,505 SF
    Lot size:
    1,505 SF

    Property Features for 1200 Ashwood Dr

    General Information

    Size
    1,505 SF

    We can help!

    Listing Contact
    Kelley Hoover Heckathorne
    Source: Naiglobal

    Listing Agent: Kelley Hoover Heckathorne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Executive Office Suite For Lease

    This executive office suite, available for lease, offers a work environment in a premier location. As an end suite with windows on all sides, the 1505 square foot space provides abundant natural light and views. Situated on the top floor, the space features new construction with upgraded, modern finishes, combining elegance and functionality. The property is located at 1200 Ashwood Drive, Canonsburg, PA 15317.
    Location Intelligence

    Current Use by Public Records

    Westwood Spine & Joint ... Chiropractor Westwood Spine & Joint ... Chiropractor New Valley Dental Dentist Mohammed Abdul Khan Oral And Maxillofacial Surgeon Gwen Zeichner-Cloutier Social Worker

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Canonsburg
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.1538
    Latitude
    40.274

    Nearby Similar for Lease

    • Contact for pricing
      350,397 SF

      Retail End Cap Available

      Premier retail space with high visibility in Cecil, PA.
      673 Morganza Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      5,049 SF

      Prime Retail Space in Canonsburg

      Spacious retail space in the heart of Canonsburg with open floorplan.
      102 W Pike St, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      Pending

      McMurray End-Cap Suite For Rent

      End-cap suite suitable for restaurant, office, or retail use.
      453 Valley Brook Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      350,397 SF

      Retail Space in Cecil, PA

      Retail space available at 657 Morganza Rd, Cecil, PA.
      657 Morganza Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      8,874 SF

      Versatile Building Near Waterdam Plaza

      8,784 SF building for lease or sale near Route 19.
      4276 Washington Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      150,000 SF

      Southpointe Office Building with Amenities

      150,000 SF office building with outdoor entertainment and amenities.
      2400 Ansys Dr, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      8,374 SF

      Renovated Office Space in Southpointe

      Modern office space with amenities in a prime location.
      2400 Ansys Dr, Canonsburg, PA
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space in Shopping Center

      Inline retail spaces available in a busy shopping center.
      4185 Washington Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      1,644 SF

      Retail Spaces Available on Route 19

      Retail spaces for lease with high traffic and excellent demographics.
      102-190 Gallery Rd, Canonsburg, PA
      View Details
    • $14 SF/Yr
      27,273 SF

      Malanos Building: Canonsburg Office Space

      Prime Canonsburg office building, multiple suites available.
      3025 Washington Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      3,644 SF

      Peters Town Center Retail Space

      Canonsburg, PA: Prime Retail Opportunity
      102-190 Gallery Dr, Canonsburg, PA 15317
      View Details
    • $18 SF/Yr
      11,844 SF

      Executive Office Space in Canonsburg, PA

      Prestigious Office Suites, Ample Parking
      4 Grandview Cir, Canonsburg, PA 15317
      View Details

    FAQs

    What type of property is this?
    Office space - Premier office space with abundant natural light and modern finishes.
    Where is this office space located?
    The property is located at 1200 Ashwood Dr Canonsburg, PA.
    What are key features of this property?
    This property features: - Premier location for an executive office suite.; - Brand-new construction with upgraded, modern finishes.; - Abundant natural light due to windows on all sides.
    (412) 670-4248
    Request Owner's contact information
    1200 Ashwood Dr Canonsburg, PA 15317
    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.
    1200 Ashwood Dr
    Canonsburg, PA 15317
    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
    1200 Ashwood Dr Canonsburg, PA 15317
    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

    We can help!
    Listing Contact
    Kelley Hoover Heckathorne
    (412) 670-4248
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.