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    Sports Complex with 30-Foot Clearance Title is generated by Realmo AI

    2910 McKelvey Rd & 2920 McKelvey Rd, Pittsburgh, PA 15221

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    For Sale
    $3,850,000

    Fully updated sports and wellness complex with extensive parking and easy access to major regional roadways.

    Type:Retail
    Property size:
    55,000 SF
    Lot size:
    6.33 Acres
    Price / SF:
    $70/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 1:59 am

    Property Features for 2910 McKelvey Rd & 2920 McKelvey Rd

    General Information

    Standard status
    Active
    Size
    55,000 SF
    Lot size
    6.33 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Garrett Cheran
    Garrett Cheran

    Listing agent Garrett Cheran License ##AB068671

    Listing office SVN | Three Rivers Commercial Advisors

    Listing date Jun 3, 2026

    Source Svn

    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

    HighLights

    • 55,000 SF fully updated sports and wellness complex on 6.33 acres in Swissvale, just east of Pittsburgh
    • Main gym offers 30 ft clear height and includes 3 full basketball courts
    • Can accommodate up to 5 volleyball courts
    • Includes concession area, large restrooms, and counseling plus a health and wellness spa (equipment included)
    • Roof was replaced in 2019
    • Extensive on‑site parking with immediate access to Parkway East and Route 30

    Overview

    Grit Athletix is a fully updated, full-service sports and wellness complex totaling 55,000 square feet on 6.33 acres. The main gym area features 30 feet clear height and is configured with three full basketball courts and the capacity to accommodate up to five volleyball courts. The facility includes a concession area, large restrooms, and counseling as well as health and wellness offerings. A counseling and wellness spa is included with equipment, along with additional spa and flex space that can support wellness programming, office use, or expansion.

    The property is located just east of the City of Pittsburgh in Swissvale and provides extensive on-site parking. It also offers immediate access to the Parkway East and Route 30, supporting event access for athletes, families, teams, and community programming.

    For operators and investors seeking a sports- and wellness-oriented facility, the existing layout supports training, tournaments, recreation, and community events, while the spa and flexible space broaden the range of services that can be offered on-site. The roof was replaced in 2019, and the complex is presented as an income-producing asset for new ownership.
    Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • N&T Fitness Studio — 2224 Woodstock Ave, Pittsburgh, PA 15218
    • New Life Lady Fitness — 2018 noble st, pittsburgh, pa 15218
    • LAF Yoga - Love, Accept, Forgive — 7634 Westmoreland Ave, Pittsburgh, PA 15218
    • Steel City Skillz — 2024 Noble St, Pittsburgh, PA 15218
    • Mark Staley Yoga — 7634 westmoreland ave, pittsburgh, pa 15218

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.875471
    Latitude
    40.426243

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    FAQs

    What type of property is this?
    Fitness center & gym - Fully updated sports and wellness complex with extensive parking and easy access to major regional roadways.
    Where is this fitness center & gym located?
    The property is located at 2910 McKelvey Rd & 2920 McKelvey Rd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $3,850,000.
    What are key features of this property?
    This property features: 55,000 SF fully updated sports and wellness complex on 6.33 acres in Swissvale, just east of Pittsburgh; Main gym offers 30 ft clear height and includes 3 full basketball courts; Can accommodate up to 5 volleyball courts
    (724) 759-5164
    We can help!
    Listing Contact
    Garrett Cheran
    Garrett Cheran
    Real Estate License ID: #AB068671
    Learn More
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    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.

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    2910 McKelvey Rd & 2920 McKelvey Rd, Pittsburgh, PA 15221
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