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    820 Midland Ave Midland, PA 15059

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    For Lease
    Contact for pricing

    1,000 sq ft Executive Office in Midland, PA

    Lot size:
    1,000 SF

    Property Features for 820 Midland Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    800

    Spaces For Lease

    at 820 Midland Ave, Midland, PA 15059 Contact us
    Unit Available space

    $9 /Mo

    Size
    1,000 SF
    Contact us

    We can help!

    Listing Contact
    Bill Smith
    Bill Smith

    Listing Agency: Southbound Enterprises LLC Listing Agent: Bill Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1,000-square-foot executive office space is ideally located at 820 Midland Avenue in Midland, Pennsylvania, within Beaver County (zip code 15059). The property is a single-tenant office building, offering complete exclusivity to its occupant. The entire 1,000 square feet is currently vacant and ready for immediate occupancy. This presents a rare opportunity for a business seeking a move-in ready space. A significant advantage of this property is the inclusion of an off-street parking lot located at the rear of the building, providing convenient and secure parking for employees and clients. The property's classification as an "Executive Office" suggests a high level of finish and suitability for professional businesses. The address is easily accessible, situated at 820 Midland Ave, making it a convenient location for clients and employees alike. This property is perfect for a small business or professional seeking a well-maintained, conveniently located office space with ample parking. The property is situated at latitude 40.6363559 and longitude -80.4524367. Serious inquiries are encouraged.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Serenity Vape and Wellness ... (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Beaver
    State
    Pennsylvania
    Longitude
    -80.4524367
    Latitude
    40.6363559

    Nearby Similar for Lease

    • Contact for pricing

      Commercial Space on St Rt 68

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      714 Midland Ave, Midland, PA 15059
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      Retail/Office Space on State Route

      Retail or office space with basement included on State Route.
      723 Midland Ave, Midland, PA 15059
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    • $3 SF/Yr
      2,600 SF

      Midland Ave Executive Office Space

      Prime Midland, PA Office Space: 2600 sq ft.
      723 Midland Ave, Midland, PA 15059
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    FAQs

    What type of property is this?
    Office Property / Space - 1,000 sq ft Executive Office in Midland, PA
    Where is this office property / space located?
    The property is located at 820 Midland Ave Midland, PA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF of executive office space available at 820 Midland Ave, Midland, PA 15059.; $9.60/SF/YR rental rate.; Immediately available.
    (412) 999-7612 Call to check price and availability
    Request Owner's contact information
    820 Midland Ave Midland, PA 15059
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    Midland, PA 15059
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    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
    820 Midland Ave Midland, PA 15059
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bill Smith
    Bill Smith
    Real Estate License ID: RB067719
    (412) 999-7612
    Learn more
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