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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    561 Wallace Run Rd Beaver Falls, PA 15010-5738

    • Office buildings
    • 5,220 SF
    • 1.23 lot acres
    OFF-MARKET
    Last Sale
    Oct 03, 2022
    $245,000
    Value Estimations
    $190,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5602063
    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

    • AHS-Beaver (Aadvantage INC., formerly LMC) / Corporate Office

    Property Details for 561 Wallace Run Rd

    Year built
    1972
    Lot size
    1.23 lot acres
    Property size
    5,220 SF
    Property type
    Office buildings
    APN
    53-122-0283.003
    APU
    531220283003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $185,000
      ML approach
      $95,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $203,000
      Market price range: $132k - $319k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $230,000
      Current use
      RETAIL STORES
      $240,000
      Change: +3% Conversion: Moderate
      WAREHOUSE, STORAGE
      $220,000
      Change: -4% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $195,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaver Falls
    County
    Beaver
    State
    Pennsylvania
    Longitude
    -80.3721
    Latitude
    40.7989
    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
    $13,621
    $27,300
    $150,450
    $177,750
    -
    $54,600
    $300,900
    $355,500

    Comparable in this City

    • Value Estimation
      $700,000
      21,276 SF

      427 7th Ave

      PROFESSIONAL BUILDING • 21,276 SF
      427 7th Ave, Beaver Falls, PA 15010
      View Details
    • Value Estimation
      $465,000
      14,944 SF

      1400 7th Ave

      PROFESSIONAL BUILDING • 14,944 SF
      1400 7th Ave, Beaver Falls, PA 15010-4218
      View Details
    • Value Estimation
      $200,000
      840 SF

      1522 8th Ave

      PROFESSIONAL BUILDING • 840 SF
      1522 8th Ave, Beaver Falls, PA 15010
      View Details
    • Value Estimation
      $195,000
      3,230 SF

      2412 8th Ave

      PROFESSIONAL BUILDING • 3,230 SF
      2412 8th Ave, Beaver Falls, PA 15010-3754
      View Details
    • Value Estimation
      $295,000
      3,832 SF

      117 Blackhawk Rd

      PROFESSIONAL BUILDING • 3,832 SF
      117 Blackhawk Rd, Beaver Falls, PA 15010-1215
      View Details
    • Value Estimation by Request
      2,461 SF

      2675 Darlington Rd

      PROFESSIONAL BUILDING • 2,461 SF
      2675 Darlington Rd, Beaver Falls, PA 15010-1279
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1 SF

      Versatile Commercial Property in Beaver Falls

      Multi-tenant building ideal for retail, office, or service businesses.
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      View Details
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      Former Medical Office Building

      Two-story office building with conversion potential in Beaver Falls.
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      Beaver Falls Commercial Land Investment

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      Renovated Facility in Beaver Falls

      48-unit, 81-bed renovated facility with expansion potential.
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      Prime Land with Road Visibility

      21+ acres with visibility on Rt 51 and Darlington Road.
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    • Contact for pricing
      6 SF

      6.82 Acres Commercial Land Available

      6.82 acres of commercial land in Chippewa Township, PA.
      766 Shenango Rd, Beaver Falls, PA 15010
      View Details

    Similar Nearby for Lease

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      153,928 SF

      Chippewa Center: Last Retail Space

      Beaver Falls Shopping Center - 7,700 SF Available
      2580 Constitution Blvd, Beaver Falls, PA 15010
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    • Contact for pricing
      6 SF

      6.82 Acres Commercial Land Available

      6.82 acres of subdividable commercial land for rent.
      766 Shenango Rd, Beaver Falls, PA 15010
      View Details
    • Contact for pricing
      17,500 SF

      Beaver Falls Retail Grocery Store

      17,500 SF Grocery Store, Ample Parking
      400 9Th Ave, Beaver Falls, PA 15010
      View Details
    • Contact for pricing
      7,140 SF

      Prime Beaver County Retail Space

      Seven suites, 7,140 sq ft available
      704 Shenango Rd, Beaver Falls, PA 15010
      View Details
    • $12 SF/Yr
      5,663 SF

      Retail Space Near Geneva College

      Retail space for lease with high visibility and parking.
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      View Details
    • Contact for pricing
      1,840 SF

      Retail Space in Beaver Falls

      Retail space available for lease in Beaver Falls, PA.
      260 Chippewa Town Ctr, Beaver Falls, PA 15010
      View Details
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    561 Wallace Run Rd
    Beaver Falls, PA 15010-5738
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    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
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