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Library Road Retail Space
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5671 Library Rd, Bethel Park, PA 15102

Commercial space with a practical layout, dedicated parking, and access to established businesses and major roadways.

Property Size1,200 SF
Price / SF$1.67
Days on Market64

Property Features for 5671 Library Rd

General Information

Standard status Active
Size 1,200 SF
Total Parking Spaces 8

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $8,146
Listing Agency: PIATT SOTHEBY'S INTERNATIONAL REALTY
Listed By: Emily Fraser
Source: Exprealty
Added: Aug 18 Changed: Oct 2 Last Checked: Oct 19 at 7:38AM

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 PIATT SOTHEBY'S INTERNATIONAL REALTY

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Investment Insights

Based on property information with market context.

This retail space offers approximately 1,200 sq. ft. along Library Road in Bethel Park. The layout is described as suitable for professional office, service, or retail uses, providing flexibility for a range of commercial occupants. Eight dedicated parking spaces support convenient arrival for clients and customers.

The property is positioned along the Library Road corridor, near established businesses, shopping, dining, and major roadways. Its location provides access to Bethel Park and surrounding South Hills communities, with exposure along a well-traveled local route.

Key Highlights

  • Approximately 1,200 sq. ft. of commercial space
  • Eight dedicated parking spaces
  • Located along Library Road in Bethel Park

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,986
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,720 $279.7K
Cap Rate 7%
$199,800 $199.8K
Cap Rate 9%
$155,400 $155.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.6K −$1.35/SF
EGI
$20.0K $16.65/SF
− OpEx
−$6.0K −$5.00/SF
NOI
$14.0K $11.66/SF
Area
Allegheny County, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,720
Cap Rate 7%
$199,800
Cap Rate 9%
$155,400

Alternative Uses

Best Use
Office B
$219.0K
$191.6K – $255.5K (±1% cap)
NOI $15,330 @ 7.0% cap · market cap 766.50%
Second Best
Retail
$199.8K
$174.8K – $233.1K (±1% cap)
NOI $13,986 @ 7.0% cap · market cap 699.30%
Theoretical Best
Office A
$305.7K
$267.5K – $356.6K (±1% cap)
NOI $21,396 @ 7.0% cap · market cap 1,069.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Hair Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby

Demographics for 15102, PA

30,548
Population
14,160
Households
2.2
Avg Household Size
47
Median Age
53%
College-Educated
98%
High-School Grad
10.6 sq mi
ZIP Area
2,882
Density / Sq Mi
$106,851
Median Household Income
$63,493
Median Earnings
$1,220
Median Rent
$260,700
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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Commercial space with a practical layout, dedicated parking, and access to established businesses and major roadways.
Where is this retail space located?
The property is located at 5671 Library Rd Bethel Park, PA.
What are key features of this property?
This property features: Approximately 1,200 sq. ft. of commercial space; Eight dedicated parking spaces; Located along Library Road in Bethel Park
More about this property
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