Move-in Ready Office
For Sale
$389,000
Ste-230-3875 Franklintowne Ct, Murrysville, PA 15668
Prime Murrysville office condo for sale or lease.
Property Size900 SF
Price / SF$432.22
Days on Market264
Property Features for Ste-230-3875 Franklintowne Ct
General Information
Standard status
Active
Size
900 SF
Taxes and HOA fees
Annual Taxes
$2,657
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
(724) 327-5600
Listed By:
Roxanne Mirabile
(724) 327-0444
Source:
Exprealty
Added: Jan 26
Changed: Oct 15
Last Checked: Oct 16 at 9:13AM
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 BERKSHIRE HATHAWAY THE PREFERRED REALTY
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Investment Insights
Based on property information with market context.
This commercial condominium offers approximately 900 square feet of move-in ready office space. Located on the first floor, the unit features a private entrance and an open floor plan with ample natural light. High-end glass walls separate the offices, and the space includes a kitchenette and restroom. A paved lot provides plenty of parking. Situated in the heart of Murrysville, Westmoreland County, the property is located minutes from the Monroeville PA Turnpike 76 and Parkway 376 entrances. An additional 2,020 square feet adjacent to this unit is available. The monthly HOA fee is $188.19. This is a triple net lease, where the tenant is responsible for insurance, taxes, condo fee, and generator backup fee.
Key Highlights
- Move‑in ready, prime office space in Murrysville, Westmoreland County.
- Opportunity to own commercial condo instead of renting.
- Located minutes from Monroeville PA Turnpike 76 and Parkway 376 entrances.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,497
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,940
$229.9K
Cap Rate 7%
$164,243
$164.2K
Cap Rate 9%
$127,744
$127.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$20.3K $22.56/SF
− Vacancy
−$5.0K −$5.53/SF
EGI
$15.3K $17.03/SF
− OpEx
−$3.8K −$4.26/SF
NOI
$11.5K $12.77/SF
Area
Westmoreland County, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,940
Cap Rate 7%
$164,243
Cap Rate 9%
$127,744
Alternative Uses
Best Use
Office B
$164.2K
$143.7K – $191.6K
NOI $11,497 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.2K
$200.6K – $267.5K
NOI $16,047 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 15668, PA
13,433
Population
5,893
Households
2.3
Avg Household Size
50
Median Age
54%
College-Educated
98%
High-School Grad
22.4 sq mi
ZIP Area
600
Density / Sq Mi
$121,743
Median Household Income
$60,669
Median Earnings
$1,303
Median Rent
$315,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Prime Murrysville office condo for sale or lease.
Where is this office units located?
The property is located at Ste-230-3875 Franklintowne Ct Murrysville, PA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Move‑in ready, prime office space in Murrysville, Westmoreland County.; Opportunity to own commercial condo instead of renting.; Located minutes from Monroeville PA Turnpike 76 and Parkway 376 entrances.
