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    509 Rodi Rd Pittsburgh, PA 15235

    • Car washes
    • 1.38 lot acres
    For Sale
    View listing
    $299,000
    Value Estimation
    Location Intelligence
    Property ID
    US73-2150741
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Car washes

    Property Details for 509 Rodi Rd

    Lot size
    1.38 lot acres
    Property type
    Car washes
    APN
    450-R-210
    APU
    450R210

    Description

    This exceptional 45,000 square foot retail property located at 509 Rodi Rd, Pittsburgh, PA 15235, presents a unique redevelopment opportunity. Currently vacant, this single-story building sits on a prime location with M-Multiple use zoning, allowing for diverse development options. The asking price is $299,000, translating to a price per square foot of $6.64. The property's potential is further enhanced by its 8.00% projected cap rate. Previously used as a bank, convenience store, and QSR/fast food establishment, this versatile space offers significant flexibility for future tenants. The property's convenient location near I-376, one mile from the Penn Hills exit, ensures high visibility and accessibility. While the previous tenant's credit rating is unavailable, the property is currently vacant and ready for immediate redevelopment. The property's occupancy date was February 20, 2023. This is an ideal investment for developers seeking a high-return opportunity in a thriving Pittsburgh market. The property's size and zoning provide ample room for creativity and innovation, making it a truly exceptional investment prospect. The seller is offering the property "as is".

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $240,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $220,000
      Mixed-Use
      $195,000
      Hospitality
      $160,000
      Educational
      $175,000
      Residential Income
      $195,000
      Energy
      $220,000
      Income-Based Land
      $165,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.8244
    Latitude
    40.4532
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,724
    $125,100
    $107,700
    $232,800
    -
    $125,100
    $107,700
    $232,800

    Comparable in this City

    • Value Estimation
      $595,000
      0.95 Acres

      7250 Saltsburg Rd

      CAR WASH • 0.95 Acres
      7250 Saltsburg Rd, Pittsburgh, PA 15235-2225
      View Details
    • Value Estimation
      $555,000
      0.17 Acres

      666 Rodi Rd

      CAR WASH • 0.17 Acres
      666 Rodi Rd, Pittsburgh, PA 15235-4524
      View Details
    • Value Estimation
      $305,000
      0.51 Acres

      6520 Saltsburg Rd

      CAR WASH • 0.51 Acres
      6520 Saltsburg Rd, Pittsburgh, PA 15235-2122
      View Details
    • Value Estimation by Request
      0.64 Acres

      3474 William Penn Hwy

      CAR WASH • 0.64 Acres
      3474 William Penn Hwy, Pittsburgh, PA 15235-5410
      View Details
    • Value Estimation
      $120,000
      0.27 Acres

      3440 Universal Rd

      CAR WASH • 0.27 Acres
      3440 Universal Rd, Pittsburgh, PA 15235-2525
      View Details
    • Value Estimation
      $230,000
      0.87 Acres

      10133 Frankstown Rd

      CAR WASH • 0.87 Acres
      10133 Frankstown Rd, Pittsburgh, PA 15235-2840
      View Details

    Similar Nearby for Sale

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      Two well-maintained parcels ideal for auto sales or retail.
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      Auto Sales Property For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      4,138 SF

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      8,000 sq ft retail space for lease.
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      3,874 SF

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      Office and retail spaces with premier amenities and easy access.
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      View Details
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    Pittsburgh, PA 15235
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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
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