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Property profile & analytics
OFF-MARKET
Medical Office Space

3940 Monroeville Blvd Monroeville, PA 15146-2436

0.41 ac lot
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-0048142
Property summary
AI-generated overview

This exceptional 1,000 square foot office suite, located in Monroeville's thriving business district, offers a versatile space ideal for various professional uses. Situated on the first floor of a two-story, 6,000 square foot Class B building, this handicap-accessible suite boasts a windowed reception area, multiple private offices, and a sizable area including a kitchenette. The building, renovated in 2006, features a total of three suites and ample parking with 32 spaces. Benefit from high visibility on Monroeville Boulevard, experiencing an average daily traffic count of 25,000 vehicles. Enjoy convenient access to major transportation arteries, including the Pennsylvania Turnpike and Parkway 376 East, providing easy commutes to downtown Pittsburgh. The property sits on 0.42 acres of land, zoned Commercial C-2 Business (APN: 0743-K-00155-0000-00), and is part of the East Suburb of Pittsburgh - Monroeville submarket cluster. This is a fantastic opportunity to establish your business in a prime location with excellent visibility and accessibility. The building's floor area ratio (FAR) is 3,000.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 0.41 ac (18,077 SF)
APN 743-K-155
UPID US73-0048142
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
  • Pirollo Chiropractic Monroeville Alternative Medicine Practice
  • Zegarelli's Hair Exsalonce Inc Hair Salon
  • Dr. Michael Pirollo Alternative Medicine Practice
  • Fishman Chiropractic & Massage Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael P Pirollo · 20 yrs held
Michael P Pirollo
since 2006
2 recorded transactions
2006
$350,000
1998
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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