225 Blvd Of The AlliesPittsburgh, PA 15222

  • Office buildings
  • 0.22 AC
For Lease
$24/SF/YR View listing

Property Details for 225 Blvd Of The Allies

Lot size
0.22 AC
Property type
Office buildings
APN
1-H-86
APU
1H86

Description

This exceptional Class A office building, located at 225 Boulevard of the Allies in Pittsburgh, Pennsylvania's central business district, offers 31,000 square feet of newly renovated, immediately available space. The property boasts a total of 38,000 square feet, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 31,000 square feet. The building's modern design features floor-to-ceiling windows, providing abundant natural light and stunning city views. Its prime location in Allegheny County offers easy access to a variety of amenities, both on-site and within the surrounding downtown area. Ideal for a single large tenant seeking a full building occupancy or multiple tenants requiring smaller spaces, this property presents a unique opportunity to establish a prestigious office presence in the heart of Pittsburgh. The building's modern design and amenities create an upgraded office environment, enhancing productivity and employee satisfaction. The address is 225 Boulevard of the Allies, Pittsburgh, PA 15222. Contact us to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,861,834
    6.5%
    $1,718,616
    7%
    $1,595,858
  • Comparable approach

    Method
    Valuation
    Relative Method
    $915,757
    Geo Method
    $915,757
  • Alternative Use

    Use
    Valuation
    Residential
    $2,131,084
    Hospitality
    $1,952,062
    Educational
    $1,624,092
    Medical
    $1,679,947
    Retail
    $2,526,366

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.439
Longitude
-80.0029
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
$45,154
$800,000
$1,159,800
$1,959,800
-
$800,000
$1,159,800
$1,959,800

FAQs

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