150 Scharberry Ln Mars, PA 16046
For Sale
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This exceptional Class A office building, located at 150 Scharberry Ln in Mars, PA, presents a unique investment opportunity. Boasting 12,000 square feet of net rentable space across two stories, this 2007-built property sits on a 3.71-acre lot and offers 74 parking spaces. Currently vacant with an occupancy date of June 18, 2024, the building is zoned for commercial use and features high-end finishes throughout. The layout is adaptable, allowing for either single-tenant occupancy or a multi-tenant configuration with a mix of private offices and open workspaces. Amenities include well-appointed finishes, comfortable cafe areas on each floor, and an outdoor patio with expansive views. Its prime location offers easy access to I-79 and the PA Turnpike, placing it within minutes of Cranberry Township's amenities, UPMC Cranberry, and the UPMC Lemieux Hockey Facility. Less than 30 minutes from Downtown Pittsburgh, this property is situated in a high-growth demographic area. The asking price is $2,950,000, translating to $245.83 per square foot. This presents a compelling value-add opportunity for owner-users, with the potential to occupy the entire building or a portion while leasing the remainder. The property's features and location make it ideal for a variety of office uses, including executive, medical, and traditional office spaces. The building's potential for multi-tenant occupancy further enhances its investment appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.