Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flexible Workspace in Welcoming Campus Title is generated by Realmo AI

    400 Old Pond Rd, Bridgeville, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Variety of flexible workspace solutions in a welcoming campus setting.

    Type:OFFICE
    Property size:
    5,887 SF
    Lot size:
    7.35 Acres
    Added:
    Mar 7, 2023
    Days on Market:
    1166
    Last Refresh:
    Apr 5 at 9:09 pm

    Property Features for 400 Old Pond Rd

    General Information

    Standard status
    Active
    Size
    5,887 SF
    Lot size
    7.35 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 400 Old Pond Rd Contact us

    We can help!

    Listing Contact
    Joe Sheerer
    Joe Sheerer

    Listing agent Joe Sheerer

    Listing office NAI Burns Scalo

    Listing date Mar 7, 2023

    Source Moodyscre

    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 NAI Burns Scalo

    HighLights

    • Built‑to‑suit options available for each client
    • Private entrance with free parking
    • Welcoming campus setting with outdoor meeting benches and walkability to amenities
    • Single‑story buildings
    • On‑site team of field technicians
    • Five outdoor exercise stations

    Overview

    Abele business park provides flexible workspace solutions within a welcoming campus setting encompassing over 300,000 square feet of office and flex products. Each single-story suite has a private entrance, free parking, and private restrooms, with built-to-suit options available. The location benefits from outdoor meeting benches, five outdoor exercise stations, and walkability to Dunkin' Donuts, Hampton Inn Hotel, Washington Financial Bank, and The Piazza. Abele business park also features a dedicated client experience team, exclusive access to a partner perks program, and a daycare center.
    Location Intelligence

    Current Use by Public Records

    Ascenda Telecommunications Service Physicians Ancillary Services ... Medical Clinic Third Generation Telecommunications Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.1246
    Latitude
    40.3522

    Nearby Similar for Lease

    • $5,500/Mo

      Turnkey Restaurant Opportunity in Bridgeville

      Equipped restaurant space ready for immediate operation in a prime location.
      500 Washington Ave, Bridgeville, PA 15017
      View Details
    • $825/Mo

      Bridgeville Office with Garage Access

      500 SF office with garage, utilities included, convenient location.
      400 Commercial Street, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      1,684 SF

      Bridgeville Office Space Available

      Full-service office space with easy access to I-79.
      1195 Washington Pike, Bridgeville, PA 15017
      View Details
    • Sponsored
      $129-$3,243/Mo
      11-1,292 SF

      PA, Bridgeville - Abele Rd

      44 Abele Rd Beacon 1, Unit 2ND, Bridgeville, PA 15017
      View Details
    • $10 SF/Yr
      8,694 SF

      Bridgeville Office Space For Rent

      Office space in Bridgeville with ample parking and tenant allowance.
      1273 Washington Pike, Bridgeville, PA
      View Details
    • Contact for pricing
      2,400 SF

      Bridgeville Commercial Building with Fenced Yard

      2,400 RSF stand-alone building with yard, ideal for contractors.
      255 Millers Run Road, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      49,000 SF

      Restaurant and Entertainment Destination

      49,000 SF restaurant and entertainment destination off I-79.
      100 Hickory Grade Road, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      49,000 SF

      Restaurant and Entertainment Destination

      49,000 SF restaurant and entertainment destination with excellent visibility.
      100 Hickory Grade Road, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      49,000 SF

      Restaurant and Entertainment Destination

      49,000 SF restaurant and entertainment destination located off I-79.
      100 Hickory Grade Road, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      80,000 SF

      Class A Office Building

      Solar-powered, Class A office building with high-end suites and views.
      44 Abele Road, Bridgeville, PA 15017
      View Details
    • Contact for pricing

      Luxury Office Building with Amenities

      Class A office building featuring fitness center and event space.
      44 Abele Road, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      2,183 SF

      Flexible Office Space in Bridgeville

      Welcoming campus setting with single-story buildings and private entrances.
      200 Old Pond Rd, Bridgeville, PA
      View Details

    FAQs

    What type of property is this?
    Office units - Variety of flexible workspace solutions in a welcoming campus setting.
    Where is this office units located?
    The property is located at 400 Old Pond Rd Bridgeville, PA.
    What are key features of this property?
    This property features: Built‑to‑suit options available for each client; Private entrance with free parking; Welcoming campus setting with outdoor meeting benches and walkability to amenities
    (412) 250-3000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Sheerer
    Joe Sheerer
    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

    Thank You for Inquiry
    400 Old Pond Rd, Bridgeville, PA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!