Versatile Flex Building on Rodi
For Sale
Contact for pricing
508 RODI RD, Pittsburgh, PA 15235
3500 SF flex building with office, showroom, and warehouse space.
Property Size3,500 SF
Price / SF$107.14
Days on Market153
Property Features for 508 RODI RD
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Office, Mixed Use
Zoning
Mixed Use
Building Details
Buildings
1
Stories
2
Units
1
Listing Agency:
Weiner Real Estate
Listed By:
Jeff Weiner · License #PA RM045919A
(412) 373-8900
Source:
Crexi
Added: May 14
Changed: Sep 28
Last Checked: Oct 12 at 8:57PM
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 Weiner Real Estate
Investment Insights
Based on property information with market context.
This well-maintained 3500 SF flex building offers a combination of office, showroom, warehouse, and garage space across two levels. It features two oversized garage doors measuring 11'6". The location benefits from a traffic count of approximately 28,000 vehicles daily on Rodi Road. The main level includes two expansive 30' x 30' open workspaces suitable for operations, showroom displays, or collaborative environments, along with two private offices, a kitchenette, and a bathroom. The lower level provides a large office, a bathroom, and garage space ideal for storage, distribution, or service operations. The property is suitable for many different uses and is located minutes from I 376, Business Route 22, the PA Turnpike, and Route 28.
Key Highlights
- High‑traffic location on Rodi Road with approximately 28,000 vehicles daily.
- 3500 SF flex building with office/showroom/warehouse/garage space.**
- Two 11’6” oversized garage doors.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,794
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,880
$615.9K
Cap Rate 7%
$439,914
$439.9K
Cap Rate 9%
$342,156
$342.2K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$50.4K $14.40/SF
− Vacancy
−$3.0K −$0.86/SF
EGI
$47.4K $13.54/SF
− OpEx
−$16.6K −$4.74/SF
NOI
$30.8K $8.80/SF
Area
ZIP 15235
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,880
Cap Rate 7%
$439,914
Cap Rate 9%
$342,156
Alternative Uses
Best Use
Mixed Use
$523.1K
$457.7K – $610.3K
NOI $36,619 @ 7.0% cap · market cap 9.77%
Second Best
Flex RnD
$439.9K
$384.9K – $513.2K
NOI $30,794 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$1.11M
$975.3K – $1.30M
NOI $78,027 @ 7.0% cap · market cap 20.81%
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
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 15235, PA
34,610
Population
16,942
Households
2
Avg Household Size
46
Median Age
36%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$62,292
Median Household Income
$40,511
Median Earnings
$1,048
Median Rent
$132,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 3500 SF flex building with office, showroom, and warehouse space.
Where is this mixed-use property located?
The property is located at 508 RODI RD Pittsburgh, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: High‑traffic location on Rodi Road with approximately 28,000 vehicles daily.; 3500 SF flex building with office/showroom/warehouse/garage space.**; Two 11’6” oversized garage doors.**
