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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    236 6Th Ave Tarentum, PA 15084

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1056197
    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

    • Commercial real estate

    Property Details for 236 6Th Ave

    Property type
    Commercial real estate

    Description

    This meticulously maintained eight-unit apartment building presents a compelling investment opportunity in Tarentum, Pennsylvania. Situated at 236 W 6th Ave, this multifamily property offers investors a chance to capitalize on the growing demand for workforce housing in Allegheny and Westmoreland Counties. Its convenient location provides easy access to key employment centers, making it an attractive option for tenants. The property boasts essential amenities designed to enhance tenant satisfaction and retention, including on-site laundry facilities for added convenience. Furthermore, all units feature brand new air conditioning units, ensuring year-round comfort. Located just 30 minutes from Downtown Pittsburgh, this property benefits from its proximity to a major metropolitan area while maintaining a desirable small-town atmosphere. The consistent rental income stream makes this a solid investment with significant potential for long-term growth and steady cash flow. This well-maintained building represents a dependable investment in a thriving market, offering a strong return on investment for discerning buyers. The property is located in Allegheny County, Pennsylvania, with a zip code of 15084. The address is 236 W 6th Ave, Tarentum, PA.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tarentum
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7614448
    Latitude
    40.5991237

    Comparable in this City

    • $690,000
      12,341 SF

      Tarentum Medical Office Building

      Mixed-use medical office building, great investment.
      301 1St Ave, Tarentum, PA 15084
      View Details
    • $149,900
      0.19 Acres

      Turn-Key Car Wash For Sale

      Operating car wash with self-service and automatic bays.
      110 E 2Nd Ave, Tarentum, PA 15084
      View Details

    Similar Nearby for Sale

    • $690,000
      12,341 SF

      Tarentum Medical Office Building

      Mixed-use medical office building, great investment.
      301 1St Ave, Tarentum, PA 15084
      View Details
    • $149,900
      0.19 Acres

      Turn-Key Car Wash For Sale

      Operating car wash with self-service and automatic bays.
      110 E 2Nd Ave, Tarentum, PA 15084
      View Details

    Similar Nearby for Lease

    • $650,000
      3,500 SF

      Medical Office Space Available

      3,500 SF medical office space for lease.
      301 E 1St Ave, Tarentum, PA 15084
      View Details
    • Contact for pricing
      6,300 SF

      Retail Strip Center Opportunity

      Proposed retail strip center with drive-thru potential for lease.
      301-303 E 10Th Ave, Tarentum, PA 15084
      View Details
    • Contact for pricing
      1,070,625 SF

      Galleria at Pittsburgh Mills Retail Space

      Prime Tarentum retail space, multiple availabilities.
      590 Pittsburgh Mills Cir, Tarentum, PA 15084
      View Details
    • Contact for pricing
      1,650 SF

      Retail Space in Tarentum, PA

      Retail space available in Tarentum, approximately 1650 square feet.
      100 Pittsburgh Mills Cir, Tarentum, PA 15084
      View Details
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    236 6Th Ave
    Tarentum, PA 15084
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    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
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