Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    414 Corbet St Tarentum, PA 15084-1822

    • Office buildings
    • 0.26 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0113287
    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

    • JanLeeHypnosis / Wellness Program

    Property Details for 414 Corbet St

    Lot size
    0.26 lot acres
    Property type
    Office buildings
    APN
    1223-M-283
    APU
    1223M283

    Description

    This exceptional Tarentum, Pennsylvania office property offers a variety of spaces ideal for businesses of all sizes. Located at 414 Corbet Street, 15084, in Allegheny County, this three-story building provides both traditional and creative office spaces. Two distinct units are currently available, ranging from a comfortable 1,311 square feet to a substantial 8,000 square feet, allowing for flexibility to accommodate diverse business needs and growth plans. The building is designed to provide safe, clean, and reliable workspace, making it an attractive option for businesses seeking a secure and productive environment. The multiple tenancy structure ensures a diverse and vibrant community of businesses. The property's convenient location in Tarentum offers easy access to local amenities and transportation networks, enhancing the overall appeal for employees and clients alike. This is a fantastic opportunity to secure high-quality office space in a thriving Allegheny County location. The building's traditional and creative office options cater to a wide range of business styles and preferences, ensuring a suitable fit for various industries and company cultures. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

    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
    -79.752
    Latitude
    40.6028
    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
    $12,595
    $24,200
    $332,200
    $356,400
    -
    $24,200
    $332,200
    $356,400

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

      400 2nd Ave

      OFFICE BUILDING • 0.31 Acres
      400 2nd Ave, Tarentum, PA 15084-1805
      View Details
    • Value Estimation by Request
      0.04 Acres

      336 4th Ave

      OFFICE BUILDING • 0.04 Acres
      336 4th Ave, Tarentum, PA 15084-1842
      View Details
    • Value Estimation by Request
      0.36 Acres

      543 10th Ave

      OFFICE BUILDING • 0.36 Acres
      543 10th Ave, Tarentum, PA 15084-1045
      View Details
    • Value Estimation by Request
      0.14 Acres

      300 Corbet St

      OFFICE BUILDING • 0.14 Acres
      300 Corbet St, Tarentum, PA 15084-1849
      View Details
    • Value Estimation by Request
      4.00 Acres

      400 Msa Dr

      OFFICE BUILDING • 4.00 Acres
      400 Msa Dr, Tarentum, PA 15084-2808
      View Details
    • Value Estimation by Request
      0.72 Acres

      419 2nd Ave

      OFFICE BUILDING • 0.72 Acres
      419 2nd Ave, Tarentum, PA 15084-1804
      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
    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.
    414 Corbet St
    Tarentum, PA 15084-1822
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.