500 Rodi RdPittsburgh, PA 15235

Property Details for 500 Rodi Rd

Lot size

0.71 AC

Property type

Retail properties

Property subtype

Auto shops

APN

451-B-186

APU

451B186

Description

This exceptional 8,000 square foot, two-story retail and automotive building in Allegheny County's Penn Hills submarket (I-376 corridor) presents a unique investment opportunity. The property boasts a prominent location on Rodi Road, offering high visibility and ample signage opportunities. With a total of five suites, the building offers flexible space options, ranging from a minimum of 500 square feet to a maximum contiguous space of 3,500 square feet. Currently, 5,100 square feet is available for lease. The upper level comprises approximately 3,500 square feet, conveniently subdivided into three spaces (approximately 1,500 SF, 1,500 SF, and 500 SF). The ground floor features approximately 1,500 square feet of space, including an office and two garage bays equipped with premium high-strength vehicle lifts, an oil recovery tank, and compressed air lines. The property provides convenient off-street parking for tenants and customers, exceeding 10 spaces. This is an ideal location for businesses seeking high visibility and accessibility, with significant potential for branding and development. The building is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $10,632,476

  6.5%

  $9,814,593

  7%

  $9,113,551

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,095,602

  Geo Method

  $15,622,336

• Alternative Use

  Use

  Valuation

  Residential

  $8,278,976

  Hospitality

  $7,583,498

  Educational

  $6,309,382

  Medical

  $6,526,370

  Retail

  $9,814,593

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4526

Longitude

-79.8266

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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