Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    744 Brookline Blvd Brookline, PA 15226
    Back to Search
    Property profile & analytics

    744 Brookline Blvd Brookline, PA 15226

    View on Map
    • Retail properties & Spaces
    • 0.08 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 744 Brookline Blvd

    Lot size
    0.08 lot acres
    Property type
    Retail properties & Spaces

    Description

    This well-maintained retail building at 744 Brookline Blvd., Brookline, PA, presents a compelling investment opportunity. The property sits on a 0.08-acre lot and offers approximately 6,000 square feet of space, with each floor comprising roughly 3,000 square feet. A long-term lease is currently in place, with approximately four and a half years remaining. The current tenant is responsible for all utilities, minimizing owner expenses. The building includes functional office space and two restrooms, enhancing its versatility. The lower floor offers potential for additional income generation, possibly as storage space. The asking price for this property is $399,000. This represents a strong potential return on investment given the existing lease and the possibility of additional rental income from the lower level. The property's location in Brookline, PA, offers convenient access to local amenities and transportation routes. This is an excellent opportunity for investors seeking a stable, income-producing asset with upside potential. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookline
    County
    Allegheny-South
    State
    Pennsylvania
    Longitude
    -80.0205
    Latitude
    40.3937

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      930 Brookline Blvd

      Retail properties & Spaces • 0.08 Acres
      930 Brookline Blvd, Brookline, PA 15226
      View Details
    • Value Estimation by Request
      0.32 Acres

      926 Brookline Blvd

      PARKING GARAGE, PARKING STRUCTURE • 0.32 Acres
      926 Brookline Blvd, Pittsburgh, PA 15226-2106
      View Details
    • Value Estimation by Request
      2.38 Acres

      2020 Liberty Ave

      VEHICLE SALES, RENTALS • 2.38 Acres
      2020 Liberty Ave, Pittsburgh, PA 15226-1351
      View Details
    • Value Estimation by Request
      2.33 Acres

      3089 Sussex Ave

      GROCERY, SUPERMARKET • 2.33 Acres
      3089 Sussex Ave, Pittsburgh, PA 15226-2516
      View Details
    • Value Estimation by Request
      0.08 Acres

      804 Brookline Blvd

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      804 Brookline Blvd, Pittsburgh, PA 15226-2104
      View Details
    • Value Estimation by Request
      0.17 Acres

      818-820 Brookline Blvd

      FINANCIAL BUILDING • 0.17 Acres
      818-820 Brookline Blvd, Pittsburgh, PA 15226
      View Details

    Similar Nearby for Sale

    • $475,000
      0.08 Acres

      Brookline Retail and Residential Income

      Retail space with apartments and garage in prime location.
      930 Brookline Blvd, Brookline, PA 15226
      View Details
    • Contact for pricing

      Remodeled Commercial Building on Brookline Boulevard

      Remodeled commercial building in Brookline with parking and versatile layout.
      1200 Brookline Blvd, Brookline, PA 15226
      View Details
    • $475,000

      Mixed-Use Property with Rental Income

      Mixed-use property with retail and apartments, generating monthly income.
      930 Brookline Blvd, Brookline, PA 15226
      View Details
    • $763,000

      Mixed-Use Building on Brookline Blvd

      Mixed-use building with retail and apartments in Pittsburgh's Brookline neighborhood.
      732-734 Brookline Blvd, Pittsburgh, PA 15226
      View Details
    • Contact for pricing
      1 SF

      Brookline Mixed-Use Investment Opportunity

      Fully leased mixed-use building with retail and apartments.
      930 Brookline Blvd, Pittsburgh, PA 15226
      View Details
    • $600,000

      Renovated Mixed-Use Building For Sale

      Renovated mixed-use building with retail and office space for sale.
      826 Brookline Blvd, Pittsburgh, PA 15226
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    744 Brookline Blvd
    Brookline, PA 15226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    744 Brookline Blvd, Brookline, PA, 15226
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!