Automotive Garage on Large
For Sale
$250,000
801 Universal Rd, Pittsburgh, PA 15235
3200 sq ft 6 Bay Automotive Garage on ~0.75 acre lot.
Property Size3,200 SF
Lot Size0.72 Acres
Price / SF$78.13
Days on Market234
Property Features for 801 Universal Rd
General Information
Standard status
Active
Property type
Auto shops, Automotive properties, Retail properties & Spaces
Size
3,200 SF
Lot size
0.72 Acres
Building Details
Buildings
1
Listing Agency:
Keller Williams Realty - Pittsburgh East
Listed By:
Susan Pittman · License #RS339354
(412) 266-2507
Added: Feb 15
Changed: Apr 8
Investment Insights
Based on property information with market context.
This 3200 sq ft automotive garage features 6 bays and sits on a ~0.75 acre lot, providing ample space for vehicle parking and storage. A partially fenced area separates the outdoor space. Equipment included in the sale consists of lifts and a paint booth. The property is located at the corner of Universal Road and Collins Dr, next to a Mini Mart. Zoned Commercial B-2 Business Community, the building may be used for other businesses and/or divided and subleased to another business to bring in rental income. Traffic count averages 12,500 vehicles per day. The property is located in the East Suburbs Corridor of Pittsburgh, PA, within minutes of Downtown Pittsburgh and the PA Turnpike.
Key Highlights
- 6 Bay Autobody and Repair Garage
- 3200 sq ft of interior space with ~ 3/4 Acre Lot for plenty of vehicle parking
- Equipment included in the sale such as lifts, paint booth, etc
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,073
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,460
$361.5K
Cap Rate 7%
$258,186
$258.2K
Cap Rate 9%
$200,811
$200.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$27.3K $8.52/SF
− Vacancy
−$1.4K −$0.45/SF
EGI
$25.8K $8.07/SF
− OpEx
−$7.7K −$2.42/SF
NOI
$18.1K $5.65/SF
Area
ZIP 15235
Vacancy
5.30%
Lease Rate
$8.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,460
Cap Rate 7%
$258,186
Cap Rate 9%
$200,811
Alternative Uses
Best Use
Retail
$446.4K
$390.6K – $520.8K
NOI $31,248 @ 7.0% cap · market cap 12.50%
Second Best
Industrial
$258.2K
$225.9K – $301.2K
NOI $18,073 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$1.02M
$891.7K – $1.19M
NOI $71,339 @ 7.0% cap · market cap 28.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
360
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
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
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Similar Off Market Nearby
- Franks Auto Diagnostic & Repair — 500 Rodi Rd, Penn Hills, PA 15235
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- Twisted Torque Motorsports — 1392 Frey Rd, Pittsburgh, PA 15235
- Meineke Car Care Center — 465 Rodi Rd, Penn Hills, PA 15235
- Valvoline Instant Oil Change — 501 Rodi Rd, Pittsburgh, PA 15235
Frequently Asked Questions
What type of property is this?
Auto shop - 3200 sq ft 6 Bay Automotive Garage on ~0.75 acre lot.
Where is this auto shop located?
The property is located at 801 Universal Rd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 6 Bay Autobody and Repair Garage; 3200 sq ft of interior space with ~ 3/4 Acre Lot for plenty of vehicle parking; Equipment included in the sale such as lifts, paint booth, etc
