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    232 Ctr Rd Monroeville, PA 15146-1750
    Property profile & analytics

    232 Ctr Rd Monroeville, PA 15146-1750


    • Office buildings
    • 0.34 lot acres
    Off-Market
    Last Sale Mar 18, 2024
    $550,000
    Property ID
    US73-1961737
    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.

    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Monroeville Pet Hospital (Jana Oster, DVM) / Veterinary Clinic

    Property Details for 232 Ctr Rd

    Lot size
    0.34 lot acres
    Property type
    Office buildings
    APN
    743-H-192
    APU
    743H192

    Description

    This exceptional investment opportunity presents the fee simple interest in a 2,212 square foot, NNN-leased, freestanding veterinary hospital in Monroeville, PA. The property, built in 1975 and situated on a 0.34-acre lot, boasts a strong 7.25% cap rate and a substantial $60,000 annual net operating income (NOI). The current tenant, Community Veterinary Partners, a large veterinary care provider, holds a 10-year lease commencing March 1, 2024, with three 5-year renewal options. The lease includes annual rent increases of 3%, ensuring consistent income growth. The property features 17 parking spaces and benefits from high visibility on Center Road, a busy thoroughfare with 11,132 vehicles daily, and proximity to major retailers like Target, Petco, and Lowe's. The strong demographics of the area, with over 132,682 residents and 52,744 daytime employees within a 5-mile radius and an average household income of $102,898, further enhance the investment's appeal. The NNN lease structure minimizes landlord responsibilities, making this an ideal low-management investment for a passive investor seeking stable, long-term returns. The property is a two-story building with a simple interest ownership structure and Allegheny County APN 743-H-192. This is a turnkey investment with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $550,000
      ML approach
      $550,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Monroeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7669
    Latitude
    40.4407
    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
    $6,169
    $75,700
    $119,600
    $195,300
    -
    $75,700
    $119,600
    $195,300
    More about this property
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