Building Details

Buildings 1

Listing Agency: HOWARD HANNA REAL ESTATE SERVICES

Listed By: Andrew Klima · License #RS374284 Show Phone

Source: Exprealty

Added: Aug 28 Changed: Oct 14 Last Checked: Oct 16 at 10:44AM

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Investment Insights

Based on property information with market context.

This freestanding storefront property comprises approximately 3,240 square feet on 1.3 acres. The building includes a drive-through configuration and 14 dedicated parking spaces, supporting a retail-oriented layout with on-site vehicle access.

The property occupies a signalized corner intersection along Rochester Road in Cranberry Township, Pennsylvania. Route 19 is approximately 1 mile away, and the surrounding area includes a dense residential and commercial population. The combination of a freestanding building, dedicated parking, and drive-through configuration provides a defined commercial setting for retail use.

Key Highlights

• Approximately 3,240 SF freestanding commercial building
• 1.3‑acre property at a signalized corner intersection
• Drive‑thru configuration with 14 dedicated parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,659

Cap Rate

3.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$653,180 $653.2K

Cap Rate 7%

$466,557 $466.6K

Cap Rate 9%

$362,878 $362.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,240 SF

Gross rent

$48.6K $15.00/SF

− Vacancy

−$1.9K −$0.60/SF

EGI

$46.7K $14.40/SF

− OpEx

−$14.0K −$4.32/SF

NOI

$32.7K $10.08/SF

Area

Butler County, PA

Vacancy

4.00%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$653,180

Cap Rate 7%

$466,557

Cap Rate 9%

$362,878

Alternative Uses

Best Use

Retail

$466.6K

$408.2K – $544.3K (±1% cap)

NOI $32,659 @ 7.0% cap · market cap 3.27%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$825.3K

$722.1K – $962.8K (±1% cap)

NOI $57,769 @ 7.0% cap · market cap 5.78%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

WesBanco Bank - ATM Atm WesBanco Bank Bank

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

193

Businesses Nearby

992

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Pizza Joe's Dining

992 visits/mo 0.4 miles

Demographics for 16066, PA

32,922

Population

14,359

Households

2.3

Avg Household Size

39

Median Age

65%

College-Educated

98%

High-School Grad

22.4 sq mi

ZIP Area

1,470

Density / Sq Mi

$125,390

Median Household Income

$71,940

Median Earnings

$1,619

Median Rent

$395,900

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Sale Nearby

See more

Mixed-Use Property with Retail Frontage

20734/20736 Route 19, Cranberry Twp, PA 16066

$1,995,000

2.59 Acres

View details

Two-Building Office Property

77b Dutilh Rd, Cranberry Twp, PA 16066

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Storefront property - The freestanding building includes a drive-through configuration and dedicated on-site parking.

Where is this storefront property located?

The property is located at 2630 Rochester Rd Cranberry Twp, PA.

What is the asking price?

The asking price for this property is $999,999.

What are key features of this property?

This property features: Approximately 3,240 SF freestanding commercial building; 1.3‑acre property at a signalized corner intersection; Drive‑thru configuration with 14 dedicated parking spaces