Commercial
For Sale
Contact for pricing
Pending
519 Bessemer Ave, East Pittsburgh, PA 15112
Updated 4,416 SF office/warehouse with on-site backup generator and fenced, secured parking.
Property Size4,416 SF
Days on Market179
Property Features for 519 Bessemer Ave
General Information
Standard status
Pending
Size
4,416 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Amenities
on-site backup generator
fenced-in secured parking lots
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Garrett Cheran · License #RSS346228
(412) 536-5035
Source:
Crexi
Added: Mar 11
Changed: Aug 14
Last Checked: Jul 24 at 5:54PM
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
Investment Insights
Based on property information with market context.
This property for sale at 519 Bessemer Ave East Pittsburgh, PA 15112 offers an updated commercial office/warehouse configuration totaling 4,416 SF, with virtually no deferred maintenance. The site includes an on-site backup generator intended to support uninterrupted operations, along with fenced-in secured parking lots.
The property is described as having quick access to Route 30 and Downtown Pittsburgh, supporting practical access for daily operations and visiting customers or business partners.
The existing mix of office and warehouse space provides a flexible setup for an owner-operator or business needing both working/storage areas and dedicated office space.
The property is described as having quick access to Route 30 and Downtown Pittsburgh, supporting practical access for daily operations and visiting customers or business partners.
The existing mix of office and warehouse space provides a flexible setup for an owner-operator or business needing both working/storage areas and dedicated office space.
Key Highlights
- Updated 4,416 SF commercial office/warehouse space
- On‑site backup generator for uninterrupted operations
- Fenced‑in, secured on‑site parking lots
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
$23,559
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
8.12%
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%
$471,180
$471.2K
Cap Rate 7%
$336,557
$336.6K
Cap Rate 9%
$261,767
$261.8K
Market Conditions
NOI Build-Up for 4,416 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
$36.0K $8.16/SF
− Vacancy
−$2.4K −$0.54/SF
EGI
$33.7K $7.62/SF
− OpEx
−$10.1K −$2.29/SF
NOI
$23.6K $5.34/SF
Area
Allegheny County, PA
Vacancy
6.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
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%
$471,180
Cap Rate 7%
$336,557
Cap Rate 9%
$261,767
Alternative Uses
Best Use
Warehouse
$408.7K
$357.6K – $476.8K
NOI $28,608 @ 7.0% cap · market cap 9.86%
Second Best
Industrial
$336.6K
$294.5K – $392.7K
NOI $23,559 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$1.12M
$984.2K – $1.31M
NOI $78,738 @ 7.0% cap · market cap 27.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 15112, PA
3,314
Population
1,841
Households
1.8
Avg Household Size
39
Median Age
23%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
4,143
Density / Sq Mi
$47,298
Median Household Income
$39,303
Median Earnings
$777
Median Rent
$89,100
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.
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- Fusion 20 — 503 Bessemer Ave, East Pittsburgh, PA 15112
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Frequently Asked Questions
What type of property is this?
Flex space - Updated 4,416 SF office/warehouse with on-site backup generator and fenced, secured parking.
Where is this flex space located?
The property is located at 519 Bessemer Ave East Pittsburgh, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Updated 4,416 SF commercial office/warehouse space; On‑site backup generator for uninterrupted operations; Fenced‑in, secured on‑site parking lots
