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Property profile & analytics
OFF-MARKET
Specialty properties

12245 Frankstown Rd Pittsburgh, PA 15235

40,000 SF 0.9 ac lot Built 1939
Property ID
Property summary
AI-generated overview

This exceptional 40,000 square foot multi-use property, located at 12245 Frankstown Road in Pittsburgh, Pennsylvania, presents a unique redevelopment opportunity. Built in 1939 and 1967, this two-story building sits on a 0.898-acre lot and boasts a prominent location on a high-traffic road, offering easy access to major roadways. The property includes a large, two-bay garage (51 ft x 30 ft) with two 10-foot garage doors, suitable for various uses such as auto detailing, a gym, or storage. A substantial assembly room (50 ft x 31 ft) provides ample space for a restaurant, theater, or other entertainment venues. The building also features a former shooting range and nine jail cells, offering creative possibilities for unique entertainment concepts like an escape room. Multiple office areas on several floors can be subdivided to accommodate various tenants. The property's permitted zoning is Commercial, and its ample parking caters to a diverse range of businesses. The building's solid brick construction and well-lit exterior enhance its curb appeal. Its proximity to multiple bus stops and easy access to the parkway and turnpike further enhance its desirability. This property is an excellent investment for a visionary developer seeking to capitalize on its versatile potential and prime location. The Allegheny County property includes APNs: 0449-D-00043-0000-00

Property profile
Verified
Property type Specialty properties
Year built 1939
Total area 40,000 SF
Lot 0.9 ac (39,117 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Penn Hills Administration Office City Government Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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