Monroeville, PA
Commercial Real Estate Market Trends & Data

$166 Avg asking sale price
$17 Avg asking lease rate
15,492 SF Avg unit lease size
25,964 SF Avg building size for sale
8.65% Average cap rate

Monroeville's Demographic Profile

Monroeville has 12,051 households and a median income of $79,759, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 27,096
# Households 12,051
Median age 46
Median household income $79,759
Avg household size 2.0
Renter-occupied housing units 4,125
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Monroeville, PA

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Nearby Retail Markets Avg Cost/SF Typical Size
Monroeville $186 29,035 SF
Wall $38 4,000 SF
Wilmerding $72 6,200 SF
Trafford $218 77,750 SF
East Mckeesport $33 13,000 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Monroeville $211 4,000 SF 9.51%
Turtle Creek $211 4,000 SF 9.51%
North Versailles $97 19,336 SF 14.04%
East Pittsburgh $114 20,999 SF 14.04%
Penn Hills $106 14,625 SF 14.04%

Commercial Properties For Sale in Monroeville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

CORNER OF STROSCHEIN RD & PITCARIN RD

Monroeville, PA 15146

  • 28.32 AC Lot
  • 1 Commercial Lot
  • $299,000
For Sale

2703 Mosside Blvd

Monroeville, PA 15146

  • 4,000 SF Office Building
  • $497,750
For Sale

4021/4028 Old William Penn Highway

Murrysville, PA

  • Office Building
  • $1,400,000
For Sale

4351 Old William Penn Hwy

Monroeville, PA 15146

  • 3,200 SF Retail Building
  • $665,000
For Sale

100 Carothers Dr

Turtle Creek, PA 15145

  • 4,000 SF Multifamily
  • 9.51% Cap Rate
  • $598,000
For Sale

3843 Route 22

Monroeville, PA 15146

  • 3,500 SF Retail Building
  • $1,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
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What is a Ground Lease?
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Master Lease Strategies
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Maximizing Control and Income with Flexible Leasing Solutions
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A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
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A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Monroeville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Monroeville $166 25,964 SF
Pitcairn $173 2,640 SF
Wall $38 4,000 SF
Wilmerding $57 6,900 SF
Turtle Creek $79 12,989 SF

Regional Demographic Comparison

This comparison places Monroeville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Monroeville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Monroeville 27,096 12,051 46 $79,759 2 4,125 -3%
Pitcairn 3,335 1,510 40 $34,764 2 878 1%
Wall 604 273 42 $55,000 2 113 3%
Wilmerding 2,066 947 39 $30,278 2 606 3%
Turtle Creek 5,053 2,378 42 $38,095 2 1,527 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Monroeville, PA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Monroeville

View All Commercial Real Estate For Sale in Monroeville
Is Monroeville a good market for a first-time commercial real estate investor?

Monroeville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Monroeville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Monroeville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Monroeville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Monroeville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Monroeville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Monroeville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Monroeville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Monroeville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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