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Property profile

16020 Perry Hwy Warrendale, PA 15086

OFF-MARKET
Office buildings
Property ID
US73-3023645
View Sample
0.66 ac lot
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 5,400 square foot office building, located at 16020 Perry Highway in Warrendale, Pennsylvania, presents a unique investment opportunity. Priced at $1,150,000 ($212.96 per square foot), this property offers a blend of executive and traditional office space, ideal for a variety of businesses. Situated on a 0.657-acre lot with permitted C zoning, the building boasts a newly renovated roof and updated HVAC systems (both within the last three years), ensuring efficient and comfortable operation. The building's layout includes a bright, open foyer, reception area, two conference rooms, seven offices on the first floor (approximately 3,000 square feet), and eight additional spacious offices, a copy/workroom, and a second conference room on the second floor (approximately 2,200 square feet). A kitchenette and lunchroom are also conveniently located within the building. The property benefits from excellent visibility on Route 19, easy access via a signalized intersection at Shenot Road and rear entry via Northgate Drive, and convenient right-in/right-out access from Perry Highway. Ample, recently re-blacktopped parking is available, and the location offers proximity to Interstates 76 and 79, providing convenient access to major transportation routes. The building has been meticulously maintained and occupied by the same tenant for nearly two decades, demonstrating its enduring appeal and suitability for long-term occupancy. For the right tenant, the owner is open to subdividing the building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.66 ac (28,640 SF)
APN 1999-J-21
UPID US73-3023645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2024
Last sale
$1.0M
1 recorded transaction
2024
$1.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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