Retail Space For
For Sale
$1,500,000
560 W Pike St, Canonsburg, PA 15317
Retail space available for purchase.
Property Size10,000 SF
Price / SF$150
Days on Market206
Property Features for 560 W Pike St
General Information
Standard status
Active
Size
10,000 SF
Taxes and HOA fees
Annual Taxes
$7,049
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By:
Rich Dallas · License #RS313880
(724) 941-3340
Source:
Exprealty
Added: Mar 26
Changed: Oct 11
Last Checked: Oct 16 at 9:31AM
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 BERKSHIRE HATHAWAY THE PREFERRED REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A retail space is available for sale. The property has a size of 10000 square feet.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,800
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,016,000
$2.0M
Cap Rate 7%
$1,440,000
$1.4M
Cap Rate 9%
$1,120,000
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$150.0K $15.00/SF
− Vacancy
−$6.0K −$0.60/SF
EGI
$144.0K $14.40/SF
− OpEx
−$43.2K −$4.32/SF
NOI
$100.8K $10.08/SF
Area
Washington County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,016,000
Cap Rate 7%
$1,440,000
Cap Rate 9%
$1,120,000
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,800 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.08M
$2.70M – $3.59M
NOI $215,693 @ 7.0% cap · market cap 14.38%
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
313
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Shops & Services 30%
Shop 'n Save
Groceries
28,784 visits/mo
0.3 miles
Sunoco
Shops & Services
6,922 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,153 visits/mo
0.2 miles
7-Eleven
Shops & Services
1,383 visits/mo
0.1 miles
Demographics for 15317, PA
42,801
Population
18,803
Households
2.3
Avg Household Size
43
Median Age
52%
College-Educated
97%
High-School Grad
45.0 sq mi
ZIP Area
951
Density / Sq Mi
$107,962
Median Household Income
$61,089
Median Earnings
$1,180
Median Rent
$329,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 560 W Pike St Canonsburg, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
