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    150 Scharberry Ln Mars, PA 16046

    For Sale
    $2,950,000

    12,000 SF Office Building, Vacant, High-End Finishes

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office building, located at 150 Scharberry Ln in Mars, PA, presents a unique investment opportunity. Boasting 12,000 square feet of net rentable space across two stories, this 2007-built property sits on a 3.71-acre lot and offers 74 parking spaces. Currently vacant with an occupancy date of June 18, 2024, the building is zoned for commercial use and features high-end finishes throughout. The layout is adaptable, allowing for either single-tenant occupancy or a multi-tenant configuration with a mix of private offices and open workspaces. Amenities include well-appointed finishes, comfortable cafe areas on each floor, and an outdoor patio with expansive views. Its prime location offers easy access to I-79 and the PA Turnpike, placing it within minutes of Cranberry Township's amenities, UPMC Cranberry, and the UPMC Lemieux Hockey Facility. Less than 30 minutes from Downtown Pittsburgh, this property is situated in a high-growth demographic area. The asking price is $2,950,000, translating to $245.83 per square foot. This presents a compelling value-add opportunity for owner-users, with the potential to occupy the entire building or a portion while leasing the remainder. The property's features and location make it ideal for a variety of office uses, including executive, medical, and traditional office spaces. The building's potential for multi-tenant occupancy further enhances its investment appeal.

    Property Features for 150 Scharberry Ln

    General Information

    Property type
    Medical offices
    Square Feet
    12,000 SF
    Class
    A
    Lot Size
    161,608 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    HighLights

    • Owner‑occupancy option: Entire building or half, lease the remainder.
    • Excellent opportunity for owner‑user or investor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mars
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.034371132661
    Latitude
    40.695564265634

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    FAQs

    What type of property is this?
    Medical office - 12,000 SF Office Building, Vacant, High-End Finishes
    Where is this medical office 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: Owner-occupancy option: Entire building or half, lease the remainder.; Excellent opportunity for owner-user or investor.;
    Request Owner's contact information
    150 Scharberry Ln Mars, PA 16046
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    Realmo Value Estimation

    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.

    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.

    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
    150 Scharberry Ln Mars, PA 16046
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