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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Warehouses
460 Old Frankstown Rd 470 Monroeville, PA 15146-1062
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1340664
Property summary
AI-generated overview
This exceptional 9,200-square-foot flex space property, located at 460 Old Frankstown Road in Monroeville, Pennsylvania, presents a fantastic opportunity for businesses seeking a versatile industrial space. The single-story building sits on a 2.43-acre lot within the Pittsburgh East submarket and is zoned M-1 Planned Industrial. The property features 2 drive-in doors, each measuring 12 feet high, and boasts 16-foot ceilings, providing ample clearance for various uses. The building includes 1,200 square feet of office space, ideal for administrative functions. With 26 total parking spaces available, employee and client parking is readily accommodated. Currently, 2,000 square feet of the building is vacant and immediately available for lease. The property's convenient location offers easy access to major roadways, including the Parkway and Turnpike, ensuring efficient transportation and logistics. Additional yard space is available for an additional monthly fee of $500. This property is perfect for a variety of businesses seeking a functional and well-located industrial space in Allegheny County. The property is served by electric power.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
2.43 ac (105,851 SF)
APN
741-G-42
UPID
US73-1340664
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
-
Wet2Dry Solutions Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
Mcdonald Pri L L C · 1 yrs held
Mcdonald Pri L L C
since 2025
Last sale
$677,500
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 Monroeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroeville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$320k
Range $288k – $352k · ±10% · vs last sale $678k (May 15 2025)
Last sale anchor
$678k
May 15 2025
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
$15,794
Tax year 2024
Assessed value
$500,000
Assessed 2024
Previous assessed
$500,000
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$132,400
Assessed improvement
$367,600
Land market value
$132,400
Improvement market value
$367,600
Total market value
$500,000
Applied tax rate
879.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
2.43 ac (105,851 SF)
APN
741-G-42
UPID
US73-1340664
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
2.43 ac
Current owner
From public records · entity-resolved
Mcdonald Pri L L C
Individual
Mailing address
12185 ABINGTON HALL PL APT #102, RESTON, VA 20190-5822
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 15, 2025
$677,500
Mcdonald Pri L L C
J L P L L C
Special Warranty Deed
$683,609 · Party III
May 10, 2016
$610,000
Jlp LLC A Pennsylvania Limited Liab
Mbr Enterprises LLC A Pennsylvania
Special Warranty Deed
$484,000 · First National Bank Of Pennsylvania
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.
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