Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Office Building on 3.59 Acres Title is generated by Realmo AI

    1195 Washington Pike, Bridgeville, PA 15017

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    44,886 RSF office building for sale or lease.

    Type:Office
    Property size:
    44,886 SF
    Lot size:
    3.59 Acres
    Added:
    Jul 19, 2021
    Days on Market:
    1781
    Last Refresh:
    May 19 at 9:16 pm

    Property Features for 1195 Washington Pike

    General Information

    Standard status
    Active
    Size
    44,886 SF
    Lot size
    3.59 Acres
    Property subtype
    Office

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Jack O'Donoghue

    Listing agent Jack O'Donoghue License #PA RS143557A

    Listing office Cushman & Wakefield

    Listing date Jul 19, 2021

    Source Crexi

    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 Cushman & Wakefield

    HighLights

    • 44,886 RSF office building
    • Situated on 3.59 acres
    • For sale or lease
    • Year Built: 1990

    Overview

    This is a 44,886 RSF office building situated on 3.59 acres. The property is available for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gates Corporation Big Box & Wholesale Store Mark Gubinsky, Esq. Law Firm Gubinsky Family Law ... Law Firm Evans Mehlhorn & Miller ... Accounting Firm Walter Sell - Associate ... Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.103
    Latitude
    40.3708564

    Nearby Similar for Sale

    • $750,000

      Bridgeville Mixed-Use Investment Opportunity

      Mixed-use building with commercial spaces, apartments, and warehouse.
      515-519 Washington Ave, Bridgeville, PA 15017
      View Details
    • $7,212,366
      14,710 SF

      Freestanding Rite Aid For Sale

      Single tenant Rite Aid with absolute NNN lease structure.
      417 Chartiers, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      2,554 SF

      Retail Space on Washington Pike

      Retail space available for sale or lease in Bridgeville, PA.
      1104 Washington Pike, Bridgeville, PA 15017
      View Details
    • Contact for pricing

      Renovated Office Building For Sale

      Newly renovated office building in South Fayette market.
      1300 Old Pond Rd, Bridgeville, PA 15017
      View Details
    • $875,000

      Mixed-Use Building in Bridgeville Heart

      Mixed-use building with commercial spaces, apartments, and garage/warehouse.
      515 Washington Ave, Bridgeville, PA
      View Details
    • Contact for pricing
      1,116 SF

      Bridgeville Office Space Available

      Office space for lease near I-79 and retail amenities.
      1195 Washington Pike, Bridgeville, PA
      View Details
    • Contact for pricing
      2,090 SF

      Bridgeville Office Space For Sale

      First floor office space with parking near I-79 and Rt 50.
      114 Werner St, Bridgeville, PA 15017
      View Details
    • $1,000,000
      4,812 SF

      Bridgeville Mixed-Use Investment Opportunity

      Retail and residential property with income-generating potential in Bridgeville.
      608 Washington Ave, Bridgeville, PA 15017
      View Details
    • $750,000

      Bridgeville Mixed-Use Investment Opportunity

      Multi-unit building with retail and residential spaces in Bridgeville, PA.
      614 Washington Ave, Bridgeville, PA 15017
      View Details

    FAQs

    What type of property is this?
    Office building - 44,886 RSF office building for sale or lease.
    Where is this office building located?
    The property is located at 1195 Washington Pike Bridgeville, PA.
    What are key features of this property?
    This property features: 44,886 RSF office building; Situated on 3.59 acres; For sale or lease
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jack O'Donoghue
    Real Estate License ID: PA RS143557A
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1195 Washington Pike, Bridgeville, PA 15017
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!