Temperature-Controlled Flex
For Sale
$1,095,000
3191 Washington Pike, Bridgeville, PA 15017
Versatile commercial building with office-warehouse functionality, C-1 zoning, and a flat site near I-79.
Property Size4,500 SF
Lot Size1.30 Acres
Price / SF$182.50
Days on Market195
Property Features for 3191 Washington Pike
General Information
Standard status
Active
Size
4,500 SF
Class
B
Lot size
1.30 Acres
Property subtype
Other Special Purpose
Zoning
C-1
Warehouse & Industrial
Clear Height
22 ft
Mezzanine
1,500 SF
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
4,500 SF
Buildings
1
Listing Agency:
Realty One Group/Commercial
(724) 941-1427
Listed By:
Jaime Deyarmin
(724) 941-1427
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 10:51PM
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 Realty One Group/Commercial
Investment Insights
Based on property information with market context.
This flex property includes a 4,500-square-foot building with an additional 1,500-square-foot second-floor mezzanine, creating a total of 6,000 square feet. Temperature control extends throughout the building, and 22-foot ceilings support a range of office and warehouse functions. The property is zoned C-1 and offers a configuration suited to business operations requiring both workspace and storage or distribution areas.
The building sits on 1.3 acres at 3191 Washington Pike in Bridgeville, Pennsylvania. Its table-top flat acreage provides a substantial setting for the existing improvements, while proximity to I-79 supports regional access. The property is also near numerous amenities in the surrounding Bridgeville area.
The building sits on 1.3 acres at 3191 Washington Pike in Bridgeville, Pennsylvania. Its table-top flat acreage provides a substantial setting for the existing improvements, while proximity to I-79 supports regional access. The property is also near numerous amenities in the surrounding Bridgeville area.
Key Highlights
- 6,000 SF total, including a 4,500 SF building and 1,500 SF second‑floor mezzanine
- Temperature‑controlled throughout the building
- 22' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,869
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$777,380
$777.4K
Cap Rate 7%
$555,271
$555.3K
Cap Rate 9%
$431,878
$431.9K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$49.0K $8.16/SF
− Vacancy
−$3.2K −$0.54/SF
EGI
$45.7K $7.62/SF
− OpEx
−$6.9K −$1.14/SF
NOI
$38.9K $6.48/SF
Area
Allegheny County, PA
Vacancy
6.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$777,380
Cap Rate 7%
$555,271
Cap Rate 9%
$431,878
Alternative Uses
Best Use
Warehouse
$555.3K
$485.9K – $647.8K
NOI $38,869 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$457.3K
$400.1K – $533.5K
NOI $32,010 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,980 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15017, PA
16,971
Population
8,388
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
97%
High-School Grad
12.2 sq mi
ZIP Area
1,391
Density / Sq Mi
$83,611
Median Household Income
$54,958
Median Earnings
$1,099
Median Rent
$238,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fairview Sunset Room — 3326 Washington Pike, Bridgeville, PA 15017
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building with office-warehouse functionality, C-1 zoning, and a flat site near I-79.
Where is this flex space located?
The property is located at 3191 Washington Pike Bridgeville, PA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 6,000 SF total, including a 4,500 SF building and 1,500 SF second‑floor mezzanine; Temperature‑controlled throughout the building; 22' ceilings
