Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1132-1136 Thorn Run Rd Coraopolis, PA 15108

    • Strip malls
    • 7.78 lot acres
    OFF-MARKET
    Value Estimations
    $375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2800717
    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

    • Strip malls

    Property Details for 1132-1136 Thorn Run Rd

    Lot size
    7.78 lot acres
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    596-K-36
    APU
    596K36

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coraopolis
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.2093
    Latitude
    40.5057
    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
    $167,208
    $2,251,600
    $3,098,100
    $5,349,700
    -
    $2,251,600
    $3,098,100
    $5,349,700

    Comparable in this City

    • Value Estimation
      $560,000
      18.14 Acres

      5920 University Blvd, Unit 5990

      SHOPPING CENTER, STRIP CENTER • 18.14 Acres
      5920 University Blvd, Coraopolis, PA 15108-2572
      View Details
    • Value Estimation
      $450,000
      5.48 Acres

      1300 Brodhead Rd

      SHOPPING CENTER, STRIP CENTER • 5.48 Acres
      1300 Brodhead Rd, Coraopolis, PA 15108-2838
      View Details
    • Value Estimation
      $260,000
      0.52 Acres

      805 4th Ave

      SHOPPING CENTER, STRIP CENTER • 0.52 Acres
      805 4th Ave, Coraopolis, PA 15108-1505
      View Details
    • Value Estimation
      $375,000
      0.89 Acres

      860 Beaver Grade Rd

      SHOPPING CENTER, STRIP CENTER • 0.89 Acres
      860 Beaver Grade Rd, Coraopolis, PA 15108-2639
      View Details
    • Value Estimation
      $355,000
      1.62 Acres

      935 Beaver Grade Rd

      SHOPPING CENTER, STRIP CENTER • 1.62 Acres
      935 Beaver Grade Rd, Coraopolis, PA 15108-2747
      View Details
    • Value Estimation
      $310,000
      0.52 Acres

      926 5th Ave, Unit 932

      WHOLESALE OUTLET, DISCOUNT STORE • 0.52 Acres
      926 5th Ave, Coraopolis, PA 15108-1802
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,276 SF

      Moon Twp Retail Space For Sale

      High-Visibility Retail Space, 9,276 SF
      1011 Beaver Grade Rd, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      60,000 SF

      Coraopolis Flex Space: 60,000 SF

      Luxury Class A flex space near Pittsburgh Airport.
      400 Industry Dr, Coraopolis, PA 15108
      View Details
    • $500,000
      Pending

      Coraopolis Retail Corner Lot

      Corner lot retail property with high traffic exposure and parking.
      1503 5Th Ave, Coraopolis, PA 15108
      View Details
    • $300,000
      0.19 Acres

      Adaptable Commercial Space For Sale

      Commercial space with strong visibility and convenient access in Moon/Crescent.
      1290 Brodhead Rd, Coraopolis, PA 15108
      View Details
    • $340,000
      1,552 SF

      Prime Commercial Space For Sale

      Exceptional commercial space in Moon Township, minutes from the airport.
      940 Beaver Grade Rd, Coraopolis, PA 15108
      View Details
    • $300,000
      0.19 Acres

      1290 Brodhead Rd, Coraopolis, PA 15108

      Retail properties • 0.19 Acres
      1290 Brodhead Rd, Coraopolis, PA 15108
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,026 SF

      Retail Space in Coraopolis, PA

      Retail space available in Coraopolis, PA shopping center.
      1134 Thorn Run Rd, Coraopolis, PA 15108
      View Details
    • $10 SF/Yr
      10,000 SF

      Retail Opportunity in Coraopolis, PA

      Retail or office space available in Coraopolis, Pennsylvania.
      4744 University Blvd, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      4,620 SF

      Retail Space in Coraopolis, PA

      Retail space with high visibility and easy access.
      935 Beaver Grade Rd, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      40,000 SF

      Coraopolis Commercial Land Opportunity

      17.5 acres, prime retail location. Two spaces available.
      2000 Casteel Dr, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      4,497 SF

      University Centre Retail Space

      Prime Moon Township cafe space available.
      9898 University Blvd, Carnot-Moon, PA 15108
      View Details
    • Contact for pricing
      2,895 SF

      Coraopolis Retail Space For Lease

      Prime 1-acre retail space available.
      8609 University Blvd, Coraopolis, PA 15108
      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.
    1132-1136 Thorn Run Rd
    Coraopolis, PA 15108
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.