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Property profile & analytics
FOR LEASE
Community centers
3470 William Penn Hwy, Pittsburgh, PA 15235
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2444242
For Lease
1 / 2
$15,370,000
3470 William Penn Hwy, Pittsburgh, PA 15235
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Lot
9.74 ac (424,083 SF)
APN
542-F-120
UPID
US73-2444242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Verizon Telecommunications Service Data Center
-
Loc#253 of 4 Wheel Parts-Off Road Truck & Jeep 4x4 Parts Auto Parts Store
-
Sears Department Store
-
PetVet365 Pet Hospital Pittsburgh/Wilkins Township Veterinary Clinic
-
4 Wheel Parts-Off Road Truck & Jeep 4x4 Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.37M
Owner & transaction history
Fultonbsh M V P A II L L C · 3 yrs held
Fultonbsh M V P A II L L C
since 2022
Last sale
$15.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pittsburgh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsburgh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,035,000
ML approach
$9,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.37M
Range $13.83M – $16.91M · ±10% · vs last sale $15.54M (Jul 26 2022)
Last sale anchor
$15.54M
Jul 26 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$484,520
Tax year 2024
Assessed value
$12,953,700
Assessed 2024
Previous assessed
$12,953,700
+0.0% YoY
Effective rate
3.74%
On assessed value
Assessed land
$4,296,000
Assessed improvement
$8,657,700
Land market value
$4,296,000
Improvement market value
$8,657,700
Total market value
$12,953,700
Applied tax rate
953.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Heating
NONE
Lot
9.74 ac (424,083 SF)
APN
542-F-120
UPID
US73-2444242
Jurisdiction
ALLEGHENY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
9.74 ac
Current owner
From public records · entity-resolved
Fultonbsh M V P A II L L C
Individual
Mailing address
1 PRESIDENTIAL BLVD STE #201, BALA CYNWYD, PA 19004-1007
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
$15,535,000
Fultonbsh M V P A II L L C
P C E Partners L L C
Special Warranty Deed
$9,486,000 · First Natl Bank Pa
Nov 1, 2000
—
Joseph Soffer
Soffer,joseph
Quit Claim Deed
related
$16,400,000 · National City Bank Pennsylvani
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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