4232 Northern PikeMonroeville, PA 15146

  • Office properties
  • 0.90 AC
For Lease
$17/SF/YR View listing

Property Details for 4232 Northern Pike

Year built
1979
Lot size
0.90 AC
Property type
Office properties
Property subtype
Office buildings
APN
857-C-376
APU
857C376

Description

This exceptional 1,292 square foot office suite, located within the Commerce Building at 4232 Northern Pike in Monroeville, Pennsylvania, presents a fantastic opportunity. Situated in the Pittsburgh East submarket, specifically the Monroeville cluster, this single-tenant space is part of a larger three-story building totaling 24,000 square feet, constructed in 1975. The building boasts ample parking with 90 spaces available. The suite itself has been beautifully remodeled and offers a professional environment. Its convenient location provides easy access to major roadways including Parkway 376, Turnpike 76, and Business 22, ensuring seamless commutes for employees and clients. The property sits on 0.9 acres of land and is zoned BLVD within Allegheny County. Electric power services the building. This is an ideal space for businesses seeking a well-maintained, conveniently located office in a thriving area. The suite is immediately available. The building features traditional office space. This listing is for Suite 304 only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,363,085
    6.5%
    $8,642,848
    7%
    $8,025,502
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,865,440
    Geo Method
    $7,865,440
  • Alternative Use

    Use
    Valuation
    Residential
    $10,717,131
    Hospitality
    $9,816,835
    Educational
    $8,167,492
    Medical
    $8,448,384
    Retail
    $12,704,986
4232 Northern Pike, Monroeville, Pennsylvania

Location Insight

City
Monroeville
County
Allegheny
State
Pennsylvania
Latitude
40.433
Longitude
-79.7566
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
$30,008
$175,900
$774,100
$950,000
-
$175,900
$774,100
$950,000

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