Building Details

Building materials Stone

Listing Agency: REALTY ONE GROUP GOLD STANDARD D***@goldstandardpittsburgh.com Show Phone

Listed By: Demetri Samaha · License #RS344276 Show Phone

Added: Jul 16 Changed: Sep 11 Last Checked: Sep 11 at 2:06PM

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MLS# 1765219

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.

Investment Insights

Based on property information with market context.

This approximately 5,000-square-foot stone warehouse garage is configured for automotive operations, including mechanic, body shop, and car-lot use. The property is currently operating with equipment in place, while the tenant-owned paint spray booth is excluded from the equipment conveyed with the property. Other equipment remains with the property.

Located at 630 Long Rd in Penn Hills, Pennsylvania, the site encompasses 0.298 acres and carries B2 zoning. Its combination of enclosed garage space, automotive functionality, and existing operational improvements supports continued use as an auto-service-oriented commercial property.

Key Highlights

• Approximately 5,000 square feet of warehouse‑garage space
• Configured for mechanic, body shop, and car‑lot operations
• B2 zoning

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

$34,291

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

7.45%

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%

$685,820 $685.8K

Cap Rate 7%

$489,871 $489.9K

Cap Rate 9%

$381,011 $381.0K

Market Conditions

NOI Build-Up for 5,000 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

$42.6K $8.52/SF

− Vacancy

−$2.3K −$0.45/SF

EGI

$40.3K $8.07/SF

− OpEx

−$6.1K −$1.21/SF

NOI

$34.3K $6.86/SF

Area

ZIP 15235

Vacancy

5.30%

Lease Rate

$8.52 /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%

$685,820

Cap Rate 7%

$489,871

Cap Rate 9%

$381,011

Alternative Uses

Best Use

Retail

$697.5K

$610.3K – $813.8K (±1% cap)

NOI $48,825 @ 7.0% cap · market cap 10.61%

Second Best

Warehouse

$489.9K

$428.6K – $571.5K (±1% cap)

NOI $34,291 @ 7.0% cap · market cap 7.45%

Theoretical Best

Office A

$1.59M

$1.39M – $1.86M (±1% cap)

NOI $111,468 @ 7.0% cap · market cap 24.23%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Parking Lot & Garage Spa & Massage Center Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

242

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 15235, PA

34,610

Population

16,942

Households

2

Avg Household Size

46

Median Age

36%

College-Educated

95%

High-School Grad

14.8 sq mi

ZIP Area

2,339

Density / Sq Mi

$62,292

Median Household Income

$40,511

Median Earnings

$1,048

Median Rent

$132,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Pittsburgh Brake Stop — 700 Rodi Rd, Pittsburgh, PA 15235
• Allegheny County Customs — 650 Rodi Rd, Penn Hills, PA 15235
• E & D Rochez Auto Repair — 560 Hoover Rd, Pittsburgh, PA 15235
• Three Rivers Auto Glass — 560 Hoover Rd, Penn Hills, PA 15235
• Hubcap Heaven & Wheels Inc. — 557 Rodi Rd, Pittsburgh, PA 15235

Frequently Asked Questions

What type of property is this?

Auto shop - Operational automotive facility with warehouse-garage space, car-lot use, and B2 zoning.

Where is this auto shop located?

The property is located at 630 Long Rd Penn Hills, PA.

What is the asking price?

The asking price for this property is $460,000.

What are key features of this property?

This property features: Approximately 5,000 square feet of warehouse‑garage space; Configured for mechanic, body shop, and car‑lot operations; B2 zoning