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    Property profile & analytics

    5th Ave North Versailles, PA 15137

    • Commercial real estate
    • 2.98 lot acres
    OFF-MARKET
    Last Sale
    May 27, 2020
    $25,000
    Value Estimations
    $60,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3971214
    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

    • Commercial real estate

    Property Details for 5th Ave

    Lot size
    2.98 lot acres
    Property type
    Commercial real estate
    APN
    459-M-90
    APU
    459M90

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $60,000

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

    Location Insight

    • Map
    • Local Demand
    City
    North Versailles
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.8181
    Latitude
    40.3683
    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
    $2,624
    $34,300
    $32,200
    $66,500
    -
    $34,300
    $32,200
    $66,500

    Comparable in this City

    • Value Estimation
      $235,000
      0.20 Acres

      1075 3rd St

      COMMERCIAL (GENERAL) • 0.20 Acres
      1075 3rd St, North Versailles, PA 15137-2058
      View Details
    • Value Estimation
      $250,000
      0.11 Acres

      1115 Lincoln Hwy

      COMMERCIAL (GENERAL) • 0.11 Acres
      1115 Lincoln Hwy, North Versailles, PA 15137-2133
      View Details
    • Value Estimation
      $250,000
      0.45 Acres

      Lloyd Ave

      COMMERCIAL (GENERAL) • 0.45 Acres
      Lloyd Ave, North Versailles, PA 15137
      View Details
    • Value Estimation by Request
      0.84 Acres

      800 Mosside Blvd

      Land • 0.84 Acres
      800 Mosside Blvd, North Versailles, PA 15137
      View Details
    • Value Estimation by Request

      104 Aldi Dr

      COMMERCIAL (GENERAL)
      104 Aldi Dr, North Versailles, PA 15137
      View Details
    • Value Estimation
      $60,000
      0.31 Acres

      429 Pittsburgh Mckeesport Blvd

      COMMERCIAL (GENERAL) • 0.31 Acres
      429 Pittsburgh Mckeesport Blvd, North Versailles, PA 15137-2271
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land Opportunity

      Commercial land available in North Versailles, Pennsylvania.
      1722 Lincoln Hwy, North Versailles, PA 15137
      View Details
    • $2,955,000
      18,168 SF

      Retail Property on Jacks Run

      Retail property available for sale in North Versailles, Pennsylvania.
      1123 Jacks Run Rd, North Versailles, PA 15137
      View Details
    • $250,000
      2,500 SF

      Prime North Versailles Storefront

      High-traffic location, 2,500 sq ft office/retail space.
      1906 Lincoln Hwy, North Versailles, PA 15137
      View Details
    • $1,850,000
      10,000 SF

      Dollar General Net Lease Investment

      High-yield, 10,000 SF Dollar General
      1712 Lincoln Hwy, North Versailles, PA 15137
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    • $114,900
      1,160 SF

      Charming Townhome in North Versailles

      Well-maintained 2-bedroom townhome with integral garage and private back porch.
      335 Mckee Rd, N Versailles, PA 15137
      View Details
    • $250,000
      2,500 SF

      Retail Building on High-Traffic Corridor

      2,500 SF retail building on 0.40 AC lot.
      1906 Lincoln Hwy, North Versailles, PA 15137
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,100 SF

      Great Valley Mart Retail Space

      Prime Allegheny County retail space available.
      355 Lincoln Hwy, North Versailles, PA 15137
      View Details
    • Contact for pricing
      270,000 SF

      Pittsburgh Plaza East Retail Center

      High-traffic retail space in North Versailles, PA.
      1701 Lincoln Hwy, North Versailles, PA 15137
      View Details
    • $12 SF/Yr
      133,834 SF

      Lincoln Hwy Retail Center

      Prime Parkway East Retail Space Available
      1701 Lincoln Hwy, North Versailles, PA 15137
      View Details
    • $24 SF/Yr
      2,200 SF

      Retail Space Available For Rent

      2200 SF retail space for rent in North Versailles, PA.
      209 Loews Dr, North Versailles, PA 15137
      View Details
    • Contact for pricing
      3,200 SF

      Village Shoppes Retail Space For Lease

      Prime Retail Space in North Versailles, PA
      1720 Greensburg Ave, North Versailles, PA 15137
      View Details
    • $10 SF/Yr
      10,800 SF

      Versatile Flex Building on Lincoln Highway

      10,800 SF flex building with retail and mechanic bay.
      1101 Lincoln Hwy, North Versailles, PA 15137
      View Details
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    5th Ave
    North Versailles, PA 15137
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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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