For Sale
$800,000
700 Rodi Rd, Pittsburgh, PA 15235
Well-maintained garage with high visibility and great access.
Property Size2,340 SF
Price / SF$341.88
Days on Market1154
Property Features for 700 Rodi Rd
General Information
Standard status
Active
Property type
Auto shops, Automotive properties, Retail properties & Spaces, Commercial real estate
Size
2,340 SF
Class
B
Listed By:
Susan Pittman
(412) 266-2507
Added: Aug 11, 2023
Changed: May 22
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,850
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,000
$457.0K
Cap Rate 7%
$326,429
$326.4K
Cap Rate 9%
$253,889
$253.9K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$35.1K $15.00/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$32.6K $13.95/SF
− OpEx
−$9.8K −$4.19/SF
NOI
$22.9K $9.76/SF
Area
ZIP 15235
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,000
Cap Rate 7%
$326,429
Cap Rate 9%
$253,889
Alternative Uses
Best Use
Retail
$326.4K
$285.6K – $380.8K
NOI $22,850 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$188.8K
$165.2K – $220.3K
NOI $13,216 @ 7.0% cap · market cap 1.65%
Theoretical Best
Office A
$745.2K
$652.1K – $869.5K
NOI $52,167 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Hotels & Casinos 13%
Sunoco
Shops & Services
14,026 visits/mo
0.4 miles
Comfort Inn Conference Center
Hotels & Casinos
2,720 visits/mo
0.2 miles
7-Eleven
Shops & Services
2,571 visits/mo
0.3 miles
U-Haul Moving & Storage of Penn Hills
Shops & Services
1,057 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Pittsburgh, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Well-maintained garage with high visibility and great access.
Where is this auto shop located?
The property is located at 700 Rodi Rd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $800,000.
