Add Listing
    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

    121 Hillpointe Dr Canonsburg, PA 15317

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Ground floor, newly renovated office and flex suites for rent.

    We can help!

    Listing Contact
    Gus Scalo
    Gus Scalo
    Source: Naiburnsscalo

    Listing Agent: Gus Scalo

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

    Learn more

    Overview

    Renovated Office/Flex Suites Available

    Ground floor suites are available for rent, featuring private, separate entrances. The suites have been newly renovated. Custom warehouse sizing is available. The building provides access 24 hours a day, 7 days a week, 365 days a year. Free and convenient parking is available. Sidewalks are located throughout the park. The property is within walking distance of Southpointe Town Center. The property can be used as office units, office properties and spaces, flex space, industrial properties, warehouses, and commercial real estate.
    Location Intelligence

    Current Use by Public Records

    Weatherford Inc Ltd Construction Company US Air Force ... Military Recruiting Office Fisher Associates, P.E., ... Engineering Consultant BalTec Corporation Factory Convergint Security 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
    Canonsburg
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.172381
    Latitude
    40.278469

    Nearby Similar for Lease

    • Contact for pricing
      5,049 SF

      Prime Retail Space in Canonsburg

      Spacious retail space in the heart of Canonsburg, Pennsylvania.
      102 W Pike St, Canonsburg, PA 15317
      View Details
    • 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
    • Sponsored
      Contact for pricing

      Southpointe

      Discover many ways to work your way in IL, Oak Brook - Oak Brook Pointe
      2400 Ansys Dr, 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
    • $1,350 /Mo
      87,120 SF

      Office Space For Rent

      Second floor office space available with utilities included.
      4121 Washington Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      51,000 SF

      Renovated Flex Office Warehouse Suites

      Ground floor, newly renovated flex office and warehouse suites available.
      121 Hillpointe Dr, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      6,360 SF

      Renovated Office Building Near Pittsburgh

      Three-story office building with renovated interior and lake views.
      4150 Washington Rd, Canonsburg, PA 15317
      View Details
    • $18 SF/Yr
      11,844 SF

      Two-Story Office Building For Rent

      Two-story office building with ample parking and nearby amenities.
      4 Grandview Cir, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Executive Office Suite For Lease

      Executive office suite with modern finishes and abundant natural light.
      1200 Ashwood Dr, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Class A Office in Southpointe

      Premier office space with golf course views and modern amenities.
      121 Champion Way, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Executive Office Suite For Lease

      Executive office suite with modern finishes and abundant natural light.
      1200 Ashwood Dr, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Newly Renovated Class-A Office Building

      Modern office space in Southpointe Business Park with excellent amenities.
      501 Technology Dr, Canonsburg, PA 15317
      View Details

    FAQs

    What type of property is this?
    Office units - Ground floor, newly renovated office and flex suites for rent.
    Where is this office units located?
    The property is located at 121 Hillpointe Dr Canonsburg, PA.
    What are key features of this property?
    This property features: - Newly renovated office suites/flex spaces available now; - Ground floor suites offer easy access; - Enjoy private, separate entrances for enhanced security
    (412) 721-7713
    Request Owner's contact information
    121 Hillpointe 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.
    121 Hillpointe 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
    121 Hillpointe 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
    Gus Scalo
    Gus Scalo
    (412) 721-7713 (412) 250-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!