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Office Building with Towering Views

150 Scharberry Ln Mars, PA 16046

150 Scharberry Ln, Mars, PA, 16046
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Office building with parking, high-end finishes, and sweeping views.

Property Size12,000 SF
Price / SF$245.83
AddedJun 21, 2024
Days on Market755
Last RefreshJul 13 at 8:08 am

Property Features for 150 Scharberry Ln

General Information

Standard status
Active
Size
12,000 SF
Property subtype
Office

Building Details

Year Built
2007

Listing office Buncher Realty Services

Listing date Jun 21, 2024

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 Buncher Realty Services


Investment Insights

Based on property information with market context.

This office building offers views over Adams, Cranberry, and Seven Fields. It features 74 parking spaces, suitable for various uses, including medical. The building boasts high-end finishes and the potential for multi-tenant occupancy with an up/down configuration. The layout includes a mix of private offices and open workspace. Each floor features comfortable cafe areas. An outdoor patio area provides sweeping views. The property is located within minutes of Cranberry's amenities and is close to UPMC Cranberry and UPMC Lemieux Hockey Facility. It offers quick access to I-79 and the Pennsylvania Turnpike, and is less than 30 minutes from Downtown Pittsburgh. The area is characterized by high demographics and rapid growth. The property has a total size of 12000 square feet.

Key Highlights

  • Towering views over Adams/Cranberry/Seven Fields
  • 74 parking spaces suitable for medical or other uses
  • Possible multi‑tenant building (up/down)

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $299.5k $24.96
− Vacancy −$12.0k −$1.00
EGI $287.5k $23.96
− OpEx −$115.0k −$9.58
NOI $172.5k $14.38
12,000 SF · lease $24.96/SF/yr · vacancy 4.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$2.46M
$2.16M – $2.88M (±1% cap)
NOI $172,524 @ 7.0% cap · market cap 5.85%
Second Best
Office B
$2.19M
$1.92M – $2.55M (±1% cap)
NOI $153,295 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$3.06M
$2.67M – $3.57M (±1% cap)
NOI $213,961 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Building Supply Auto Repair Shop Restaurant Law Firm Auto Parts Store Parking Lot & Garage Hair Salon Furniture & Home Goods Nail Salon Skin Care Clinic

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

FAQs

What type of property is this?
Office building - Office building with parking, high-end finishes, and sweeping views.
Where is this office building located?
The property is located at 150 Scharberry Ln Mars, PA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Towering views over Adams/Cranberry/Seven Fields; 74 parking spaces suitable for medical or other uses; Possible multi‑tenant building (up/down)
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