Medical Office Building For
For Sale
$1,350,000
1645 Rostraver Rd, Belle Vernon, PA 15012
Medical office building available for purchase in Belle Vernon.
Property Size8,500 SF
Price / SF$158.82
Days on Market205
Property Features for 1645 Rostraver Rd
General Information
Standard status
Active
Size
8,500 SF
Class
C
Property subtype
Office
Net Operating Income
$111,613
Building Details
Building Size
8,500 SF
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Richard L. Beynon · License #PA #AB068671
(412) 298-2236
Source:
Svn
Added: Mar 26
Changed: Oct 15
Last Checked: Oct 16 at 6:26AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office building is available for sale. The property is located at 1645 Rostraver Rd in Belle Vernon and has a size of 8500 square feet.
Key Highlights
- Medical Office Building for sale.
- Located at 1645 Rostraver Rd.
- Belle Vernon location.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,584
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,171,680
$2.2M
Cap Rate 7%
$1,551,200
$1.6M
Cap Rate 9%
$1,206,489
$1.2M
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$191.8K $22.56/SF
− Vacancy
−$47.0K −$5.53/SF
EGI
$144.8K $17.03/SF
− OpEx
−$36.2K −$4.26/SF
NOI
$108.6K $12.77/SF
Area
Fayette County, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,171,680
Cap Rate 7%
$1,551,200
Cap Rate 9%
$1,206,489
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,584 @ 7.0% cap · market cap 8.04%
Second Best
Healthcare Medical
$1.41M
$1.23M – $1.64M
NOI $98,556 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$2.17M
$1.89M – $2.53M
NOI $151,556 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 15012, PA
15,756
Population
7,604
Households
2.1
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
34.1 sq mi
ZIP Area
462
Density / Sq Mi
$61,903
Median Household Income
$49,645
Median Earnings
$814
Median Rent
$187,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building available for purchase in Belle Vernon.
Where is this medical office space located?
The property is located at 1645 Rostraver Rd Belle Vernon, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Medical Office Building for sale.; Located at 1645 Rostraver Rd.; Belle Vernon location.
