Office
New
For Sale
$250,000
515 Allegheny River Blvd, Verona, PA 15147
CommercialSale, Verona, PA
Property Size1,787 SF
Lot Size0.23 Acres
Price / SF$139.90
Days on Market3
Property Features for 515 Allegheny River Blvd
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Comm
Zoning description
Comm
Parking
15
Directions
GPS
Subdivision
Verona
Standard status
Active
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
6800
Listing Agency:
KELLER WILLIAMS REALTY
Listed By:
Christian Ivory · License #RS187937L
(412) 831-3800
Added: Nov 4
Last Checked: Nov 6 at 6:06AM
MLS# 1782033
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property at 515 Allegheny River Blvd is situated on a 0.2273-acre parcel in Verona, Pennsylvania. The site is zoned Comm.
Key Highlights
- 0.2273‑acre parcel
- Zoned Comm
- Located at 515 Allegheny River Blvd in Verona, PA 15147
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,828
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,560
$456.6K
Cap Rate 7%
$326,114
$326.1K
Cap Rate 9%
$253,644
$253.6K
Market Conditions
NOI Build-Up for 1,787 SF
Gross rent
$40.3K $22.56/SF
− Vacancy
−$9.9K −$5.53/SF
EGI
$30.4K $17.03/SF
− OpEx
−$7.6K −$4.26/SF
NOI
$22.8K $12.77/SF
Area
Allegheny 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%
$456,560
Cap Rate 7%
$326,114
Cap Rate 9%
$253,644
Alternative Uses
Best Use
Office B
$326.1K
$285.4K – $380.5K
NOI $22,828 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.2K
$398.3K – $531.0K
NOI $31,862 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 15147, PA
16,356
Population
8,593
Households
1.9
Avg Household Size
48
Median Age
31%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,636
Density / Sq Mi
$64,532
Median Household Income
$41,162
Median Earnings
$1,010
Median Rent
$135,800
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?
Office building - Commercial zoning supports a range of office-related business uses.
Where is this office building located?
The property is located at 515 Allegheny River Blvd Verona, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.2273‑acre parcel; Zoned Comm; Located at 515 Allegheny River Blvd in Verona, PA 15147
