Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    40 Cecil Henderson Rd Canonsburg, PA 15317-5606
    Back to Search
    Property profile & analytics

    40 Cecil Henderson Rd, Canonsburg, PA 15317-5606

    View on Map
    • Turn key restaurants
    • 1.97 lot acres
    Off-Market
    Last Sale Mar 8, 2021
    $450,000
    Property ID
    US73-3051270
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 40 Cecil Henderson Rd

    Lot size
    1.97 lot acres
    Property type
    Turn key restaurants
    APN
    140-011-00-00-0029-04
    APU
    1400110000002904

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 8, 2021 — Oliver Real Estate Holdings Oliver Real Estate Holdings Intrafamily Transfer · related —
    Sep 15, 2020 $450,000 Carlioliver Real Estate Holdings Briselli INC Deed $560k · Slovenian Savings And Loand Assiciation
    Apr 22, 2009 — Briselli INC Briselli,peter A Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Canonsburg
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.1558
    Latitude
    40.3017
    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
    2023
    $5,719
    $197,600
    $161,400
    $359,000
    -
    $197,600
    $161,400
    $359,000

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      800 1st St

      RESTAURANT
      800 1st St, Canonsburg, PA 15317-1970
      View Details
    • Value Estimation by Request
      0.67 Acres

      101 Cavasina Dr

      RESTAURANT
      101 Cavasina Dr, Canonsburg, PA 15317-1768
      View Details
    • Value Estimation by Request
      0.58 Acres

      Washington Rd

      RESTAURANT
      Washington Rd, Canonsburg, PA 15317
      View Details
    • Value Estimation by Request
      0.29 Acres

      1310 9th 80th Rd

      RESTAURANT
      1310 9th 80th Rd, Canonsburg, PA 15317
      View Details
    • Value Estimation by Request
      0.98 Acres

      585 Pike St

      RESTAURANT
      585 Pike St, Canonsburg, PA 15317-1068
      View Details
    • Value Estimation
      $1,655,000
      0.57 Acres

      3887 Washington Rd

      RESTAURANT
      3887 Washington Rd, Mcmurray, PA 15317-2517
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Retail Space For Sale

      9,150 SF retail space available for purchase.
      110 W Mcmurray Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Historic Building in Prime Location

      Charming 4,672 SF building in Canonsburg's heart.
      207 Adams Ave, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      10,200 SF

      Retail Building Near Interstate 79

      10,200 SF building near I-79 in Canonsburg, PA.
      108 Cavasina Dr, Canonsburg, PA 15317
      View Details
    • $2,500,000

      Retail Space For Sale

      9,150 SF retail space available for purchase.
      110 W Mcmurray Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space For Sale

      Retail space available for purchase.
      560 W Pike St, Canonsburg, PA 15317
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,600 SF

      Retail Space with Drive-Thru Option

      Retail space with drive-thru option in Peters Township.
      4100 Washington Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Versatile End-Cap Suite in McMurray

      Centrally located suite suitable for restaurant, office, or retail.
      453 Valley Brook Rd, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space on Washington Road

      Retail spaces available in high-traffic Canonsburg location.
      102-190 Gallery Dr, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space in Shopping Center

      Inline retail spaces available in a busy shopping center.
      4185 Washington Rd, Canonsburg, PA 15317
      View Details
    • $14 SF/Yr

      Retail Space in Downtown Canonsburg

      High-visibility retail space in downtown Canonsburg, ideal for various uses.
      25 East Pike St, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      1,644 SF

      Retail Spaces Available on Route 19

      Retail spaces for lease with high traffic and excellent demographics.
      102-190 Gallery Rd, Canonsburg, PA 15317
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    40 Cecil Henderson Rd
    Canonsburg, PA 15317-5606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    40 Cecil Henderson Rd, Canonsburg, PA, 15317
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!