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    3107 Library Rd Pittsburgh, PA 15234-2628

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    3107 Library Rd Pittsburgh, PA 15234-2628


    • Parking lots & garages
    • 0.10 lot acres
    Off-Market
    Last Sale Dec 3, 2024
    $4,737,000
    Property ID
    US73-2536857
    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
    $4,735,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GetGo Gas car wash / Car Wash
    • GetGo Gas Station / Gas Station
    • WetGo Car Wash / Car Wash

    Property Details for 3107 Library Rd

    Lot size
    0.10 lot acres
    Property type
    Parking lots & garages
    APN
    190-C-208
    APU
    190C208

    Description

    Exceptional investment opportunity: This fee-simple, 3,510 square foot WetGo car wash in Castle Shannon, PA, presents a compelling net lease investment. Located at 3107 Library Rd, 15234, this 2023-built property sits on a 1.03-acre lot and boasts a 6.50% cap rate with a strong NOI of $326,891. The property benefits from a 19-year remaining lease term with a corporate guarantee from a reputable national brand, ensuring consistent income. Rent increases are built into the lease, with a 5% increase every 5 years and a 2.5% increase at each option period (8x5 years). The property enjoys high visibility in a high-traffic area with over 20,028 vehicles passing daily. The location is within a thriving retail corridor near major roadways and other national retailers, serving a dense population with high average household incomes ($96,900-$106,400 within a 1-5 mile radius). This is a rare opportunity to acquire a high-performing asset with significant long-term growth potential. 100% occupancy. All expenses are the responsibility of the tenant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,735,000
      ML approach
      $4,735,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0059
    Latitude
    40.3733
    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
    $501
    $9,100
    $4,300
    $13,400
    -
    $9,100
    $4,300
    $13,400
    More about this property
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