Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4963 Us-30 Greensburg, PA 15601
    Back to Search
    Property profile & analytics

    4963 Us-30, Greensburg, PA 15601

    View on Map
    • Office Spaces
    • 14,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 4963 Us-30

    Year built
    1989
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This two-story, 14,000 square foot Class B office building, renovated in 2024, offers thirteen individual co-working suites ranging from 100 to 1,700 square feet. Located at 4963 US-30 in Westmoreland County, this prime location provides easy access to Route 30 and offers 191 free parking spaces. The building features multiple tenancy options, with month-to-month leases available, making it ideal for businesses of all sizes. Amenities include high-speed Wi-Fi and 24/7 access. The building was originally constructed in 1989 and underwent a complete renovation in 2024. This property presents a unique opportunity for businesses seeking flexible, affordable, and conveniently located office space in the Greensburg submarket. The building's location on US-30 ensures high visibility and accessibility for clients and employees. With a variety of suite sizes available, businesses can easily scale their space as needed. The ample free parking further enhances the convenience and appeal of this property. This is an excellent opportunity for entrepreneurs, freelancers, and small businesses seeking a professional and supportive work environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensburg
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.4817
    Latitude
    40.2971

    Comparable in this City

    • Value Estimation by Request
      976,671 SF

      5256 Rte

      Restaurants
      5256 Rte, Greensburg, PA 15601
      View Details
    • Value Estimation by Request
      0.12 Acres

      131 Pittsburgh St

      Office Spaces
      131 Pittsburgh St, Greensburg, PA 15601
      View Details
    • Value Estimation by Request
      17,500 SF

      106 Point Dr

      Office Spaces
      106 Point Dr, Greensburg, PA 15601
      View Details
    • Value Estimation by Request
      0.33 Acres

      1309 City Of Greensburg Pa 15601

      Restaurants
      1309 City Of Greensburg Pa 15601, Greensburg, PA 15601
      View Details
    • Value Estimation by Request
      0.40 Acres

      1100 Smt Way

      Office Spaces
      1100 Smt Way, Greensburg, PA 15601
      View Details
    • Value Estimation by Request
      8.25 Acres

      985 Towne Square Dr

      Land
      985 Towne Square Dr, Greensburg, PA 15601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,300 SF

      Medical Office Building For Sale

      Well-maintained medical office building with a new 10-year lease.
      184 Old Route 30, Greensburg, PA 15601
      View Details
    • New
      $850,000
      11,968 SF

      Four-Story Greensburg Commercial Building

      Multi-tenant building in downtown Greensburg with income and upside potential.
      132 S Main St, Greensburg, PA 15601
      View Details
    • Contact for pricing
      10,000 SF

      Greensburg Commercial Land For Sale

      Commercial land available for sale in Greensburg, Pennsylvania.
      985 Towne Square Dr, Greensburg, PA 15601
      View Details
    • $699,000
      0.40 Acres

      Greensburg Office Building For Sale

      Prime Greensburg location, 0.4-acre lot.
      1100 Smt Way, Greensburg, PA 15601
      View Details
    • Contact for pricing

      Well-Maintained Office Buildings For Sale

      Two connected office buildings in excellent location, well-maintained with ample parking.
      585 Rugh St, Greensburg, PA 15601
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      PA, Greensburg - Main St

      Flexible workspace in PA, Greensburg - Main St
      100 Main St, Greensburg, PA 15601
      View Details
    • Contact for pricing
      750 SF

      Office Space in Greensburg

      750 SF office space available for lease.
      101 N Main St, Greensburg, PA 15601
      View Details
    • Contact for pricing
      1,000 SF

      Greensburg Office Space For Rent

      Office space available for lease in Greensburg, Pennsylvania.
      4893 Lincoln Hwy, Greensburg, PA 15601
      View Details
    • Contact for pricing
      2,450 SF

      Office Space Near Route 30

      Office space with access to Route 30 and retail.
      2000 Tower Way, Greensburg, PA 15601
      View Details
    • Contact for pricing
      2,500 SF

      Office Space For Rent

      Office space available for lease in Greensburg, Pennsylvania.
      514 Pellis Rd, Greensburg, PA 15601
      View Details
    • Contact for pricing

      Light Industrial Building with Office

      37,552 SF light industrial building with 4,000 SF office.
      1572 Roseytown Rd, Greensburg, PA 15601
      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.
    4963 Us-30
    Greensburg, PA 15601
    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
    4963 Us-30, Greensburg, PA, 15601
    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!