Property profile

400 Railroad St Pittsburgh, PA 15235

OFF-MARKET
Warehouses
Property ID
US73-2420548
5.4 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Allegheny County warehouse offers 4,355 square feet of immediately available space, with a minimum leasable area of 540 square feet. Located at 400 Railroad St, Pittsburgh, PA 15235, this property boasts 12 dock-high doors and is part of a larger 50,000 square foot building. The space is perfect for various uses, including e-commerce, retail, contractors, and more, thanks to its strategic zoning. Rent is a competitive $0.63 per square foot per month, with included electricity, significantly reducing operating costs. Tenants enjoy secure, tenant-only access, overnight parking, and internet access. Labor and storage are permitted within the unit. Various unit sizes are available, ranging from 540 square feet to 4,355 square feet, with office spaces also available at additional cost. Short-term and long-term leases are available, with favorable rates for longer commitments. The property offers convenient access to Route 376, making it an excellent location for businesses seeking easy transportation links. This space is particularly well-suited for small businesses looking to upgrade from home-based operations or contractors needing secure storage for equipment and vehicles.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 5.4 ac (235,224 SF)
APN 633-R-275
UPID US73-2420548

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Parking Lot & Garage
  • Auto Repair Shop
  • Storage Facility
  • Construction Company General Contractor

Location

400 Railroad St Pittsburgh, PA 15235-2442
Pittsburgh metro Census 523702 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k

Owner & transaction history

since 2022
Last sale
$850,000
1 recorded transaction
2022
$850,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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