Industrial Warehouse with Rail
For Sale
$1,200,000
550 Mayer St, Bridgeville, PA 15017
Freestanding 9,000 SF warehouse on a 27,966 SF lot with roll-up and at-grade doors and a loading dock.
Property Size9,000 SF
Lot Size0.64 Acres
Price / SF$133.33
Days on Market98
Property Features for 550 Mayer St
General Information
Standard status
Active
Size
9,000 SF
Lot size
0.64 Acres
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
2
Heavy Power
Yes
Taxes and HOA fees
Annual Taxes
$8,755
Building Details
Year Built
1975
Listing Agency:
REAL OF PENNSYLVANIA
Listed By:
James Schons
(855) 450-0442
Source:
Exprealty
Added: Jun 3
Changed: Aug 31
Last Checked: Sep 7 at 2:36PM
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 REAL OF PENNSYLVANIA
Investment Insights
Based on property information with market context.
550 Mayer Street is a freestanding industrial warehouse built in 1975, situated on a 27,966 SF lot. The property is approximately 9,000 SF and includes two roll-up overhead doors, two at-grade doors, and a loading dock to support straightforward loading and access.
The building is equipped with 220V/3-phase electric and hot water heating on natural gas. Additional on-site systems include copper plumbing with water lines replaced in 2019, and public sewer and water. A 2017 Duro-Last rubber roof was installed to help support long-term exterior durability.
The property is directly adjacent to an active freight rail corridor and is located seconds from the Route 50/I-79 interchange in Bridgeville. The seller is currently the authorized U-Haul dealership operator on-site and will vacate at closing, delivering the property free and clear of any occupancy obligations.
The building is equipped with 220V/3-phase electric and hot water heating on natural gas. Additional on-site systems include copper plumbing with water lines replaced in 2019, and public sewer and water. A 2017 Duro-Last rubber roof was installed to help support long-term exterior durability.
The property is directly adjacent to an active freight rail corridor and is located seconds from the Route 50/I-79 interchange in Bridgeville. The seller is currently the authorized U-Haul dealership operator on-site and will vacate at closing, delivering the property free and clear of any occupancy obligations.
Key Highlights
- 9,000 SF freestanding industrial warehouse on a 27,966 SF lot in Collier Township (Allegheny County)
- Built in 1975 with a 2017 Duro‑Last rubber roof
- Power and utilities include 220V/3‑phase electric, natural gas hot water heating, copper plumbing with water lines replaced in 2019, plus public sewer and water
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
$58,304
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
4.86%
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%
$1,166,080
$1.2M
Cap Rate 7%
$832,914
$832.9K
Cap Rate 9%
$647,822
$647.8K
Market Conditions
NOI Build-Up for 9,000 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
$73.4K $8.16/SF
− Vacancy
−$4.8K −$0.54/SF
EGI
$68.6K $7.62/SF
− OpEx
−$10.3K −$1.14/SF
NOI
$58.3K $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%
$1,166,080
Cap Rate 7%
$832,914
Cap Rate 9%
$647,822
Alternative Uses
Best Use
Warehouse
$832.9K
$728.8K – $971.7K
NOI $58,304 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.01M – $2.67M
NOI $160,471 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Balanced
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding 9,000 SF warehouse on a 27,966 SF lot with roll-up and at-grade doors and a loading dock.
Where is this warehouse located?
The property is located at 550 Mayer St Bridgeville, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 9,000 SF freestanding industrial warehouse on a 27,966 SF lot in Collier Township (Allegheny County); Built in 1975 with a 2017 Duro‑Last rubber roof; Power and utilities include 220V/3‑phase electric, natural gas hot water heating, copper plumbing with water lines replaced in 2019, plus public sewer and water
