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Flex Office Warehouse with Yard
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1641 Saw Mill Run Boulevard, Pittsburgh, PA 15210

Two-story building with office, flex, showroom, and warehouse space plus private off-street parking and fenced rear yard.

Property Size3,600 SF
Lot Size0.23 Acres
Price / SF$138.89
Days on Market9

Property Features for 1641 Saw Mill Run Boulevard

General Information

Standard status Active
Size 3,600 SF
Lot size 0.23 Acres
Property subtype Industrial
Zoning NDI

Site & Location

Traffic Count 40,000 vehicles/day
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Business Included No
Drive-In Doors 2

Building Details

Year Built 1985
Stories 2
Listing Agency: RE/MAX HOME CENTER
Listed By: Brian Schmidt · License #PA RS219850L
Source: Crexi
Added: Jul 23 Changed: Jul 28 Last Checked: Jul 30 at 8:11AM

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 RE/MAX HOME CENTER

Investment Insights

Based on property information with market context.

This two-story commercial building offers a versatile mix of office, flex, warehouse, and showroom space, with potential for light-industrial use. The property includes two grade-level drive-in doors, private off-street parking, and a fenced area behind the building that can support secure outdoor storage or work activity.

Located along Pittsburgh’s Route 51 corridor, the property benefits from strong visibility supported by PennDOT’s 2025 Annual Average Daily Traffic data indicating approximately 40,000 vehicles pass the site daily.

The site is on an approximately 0.23-acre lot with more than 10,000 square feet of land. The property is zoned NDI—Neighborhood Industrial, intended to accommodate a variety of industrial activities while remaining compatible with appropriate commercial and office uses. Buyers should verify intended use, occupancy and parking requirements, signage, outdoor storage, and permitting with the City of Pittsburgh.

Key Highlights

  • Approximately 3,600 SF two‑story commercial building built in 1985 with office, flex, warehouse, and showroom space
  • NDI—Neighborhood Industrial zoning; intended to accommodate a variety of industrial activities with compatible commercial and office uses
  • Located on an approximately 0.23‑acre lot with more than 10,000 SF of land and private off‑street parking

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $81.2k $22.56
− Vacancy −$19.9k −$5.53
EGI $61.3k $17.03
− OpEx −$15.3k −$4.26
NOI $46.0k $12.77
3,600 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$657.0K
$574.9K – $766.5K (±1% cap)
NOI $45,989 @ 7.0% cap · market cap 9.20%
Second Best
Warehouse
$352.7K
$308.6K – $411.5K (±1% cap)
NOI $24,689 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,257 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Davey Plumbing LLC Plumbing Service McElrath Legal Holdings ... Law Firm McElrath Holdings, LLC Law Firm Stahl Family Plumbing ... Plumbing Service Mazzei & Associates Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
40,000 VPD
Traffic count
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby
Under-served
Demand for This Use

Demographics for 15210, PA

25,123
Population
12,828
Households
2
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
5,345
Density / Sq Mi
$50,845
Median Household Income
$35,050
Median Earnings
$994
Median Rent
$91,800
Median Home Value

Market

Vacancy Rate% for Office in Pittsburgh, PA

10.2% 2019
12.2% 2020
14.6% 2021
13.9% 2022
16.1% 2023
17.5% 2024
17.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Ikaros Gourmet Co Inc DBA Simons Food Concessions — 1412 Chelton Ave, Pittsburgh, PA 15226
  • Vic Fortunato & Co — 735 Brownsville Rd, Pittsburgh, PA 15210

Frequently Asked Questions

What type of property is this?
Flex space - Two-story building with office, flex, showroom, and warehouse space plus private off-street parking and fenced rear yard.
Where is this flex space located?
The property is located at 1641 Saw Mill Run Boulevard Pittsburgh, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 3,600 SF two‑story commercial building built in 1985 with office, flex, warehouse, and showroom space; NDI—Neighborhood Industrial zoning; intended to accommodate a variety of industrial activities with compatible commercial and office uses; Located on an approximately 0.23‑acre lot with more than 10,000 SF of land and private off‑street parking
(724) 260-5686 Call to check price and availability
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