307 23Rd Street ExtSharpsburg, PA 15215

Property Details for 307 23Rd Street Ext

Lot size

7.31 AC

Property type

Office properties

Property subtype

Office buildings

APN

169-K-200

APU

169K200

Description

This exceptional Sharpsburg, PA property, located at 307 23rd St Ext, 15215, offers a unique blend of creative office and warehouse space within the Northeast Pittsburgh Industrial submarket of Allegheny County. The Sharpsburg Business Park boasts a total of 100,669 square feet, with 34,169 square feet currently available. Units range from a minimum of 8,447 square feet to a maximum contiguous space of 25,722 square feet, providing flexibility for various business needs. The property features impressive 14'6" ceiling heights (up to 18' clear in some areas), drive-in access, and dock capabilities. Usable square footage is equal to rentable square footage, eliminating common area factors. The modern, efficient design is complemented by Verizon fiber optics and a large dedicated parking lot. This strategically located property is just 7 miles from downtown Pittsburgh, offering convenient access to the city's amenities and transportation networks. The property is classified as Office, Industrial, with a Commercial subtype. Multiple tenancies are available.

• CAP approach

  CAP return

  Valuation

  6%

  $75,760,088

  6.5%

  $69,932,392

  7%

  $64,937,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $63,642,100

  Geo Method

  $63,642,100

• Alternative Use

  Use

  Valuation

  Residential

  $86,716,168

  Hospitality

  $79,431,544

  Educational

  $66,086,108

  Medical

  $68,358,912

  Retail

  $102,800,616

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4946

Longitude

-79.9105

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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