Property profile

518 Myoma Rd Mars, PA 16046

FOR SALE
Commercial real estate
Property ID
US73-5421327
2.06 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story office building, constructed in 2011, presents a compelling investment opportunity in the heart of Cranberry, Pennsylvania. Situated on a generous 2.06-acre lot, the property boasts approximately 16,869 gross square feet of well-maintained office space. The building currently houses long-term tenants, with one suite of approximately 2,800 square feet currently available for lease, providing immediate income potential. This presents a fantastic owner-user opportunity, allowing for both occupancy and rental income generation. The property's strategic location offers easy access to major transportation arteries, including Route 228, I-79, and the Pennsylvania Turnpike, ensuring convenient commutes for employees and clients. Ample parking is provided with a 62-vehicle parking lot. The building features a durable standing metal seam roof, ensuring long-term protection. Designed with accessibility in mind, the building is ADA compliant, complete with an elevator and a comprehensive sprinkler system for enhanced safety and security. This turnkey property is ready for immediate occupancy or continued rental income generation, making it an ideal investment for discerning buyers seeking a prime commercial location in a thriving area. The address is 518 Myoma Road, Mars, PA. The asking price is $3,950,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.06 ac (89,908 SF)
APN 010 4F35 28F0000
UPID US73-5421327

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Alternative Medicine Practice
  • Physician
  • Physician
  • Physician

Location

518 Myoma Rd Mars, PA 16046
Mars metro Census 912403 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2008
7 recorded transactions
2024
Price N/A
2018
Price N/A
2011
Price N/A
2009
Price N/A
2008
$540,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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