2585 Freeport RdPittsburgh, PA 15238

  • Office properties
  • 4.19 AC
For Lease
$16/SF/YR View listing

Property Details for 2585 Freeport Rd

Lot size
4.19 AC
Property type
Office properties
Property subtype
Office buildings
APN
441-F-20
APU
441F20

Description

This Class A, two-story executive office building, located at 2585 Freeport Road in Pittsburgh, Pennsylvania, 15238, offers 79,126 square feet of total space. Currently, there are 4,250 square feet of vacant executive office suites available for lease. The building consists of a single structure with multiple tenants. The available space is situated in the rear of the building. The property is categorized as an executive office building and is conveniently located in Pittsburgh, offering easy access to major transportation routes and amenities. The building's Class A designation reflects its high-quality construction, modern amenities, and desirable location. This presents a unique opportunity for businesses seeking premium office space in a thriving Pittsburgh neighborhood. The available space is ideal for companies seeking a prestigious address and efficient, well-maintained workspace. Interested parties are encouraged to inquire about lease terms and availability for this exceptional executive office opportunity. The building's prime location and modern design make it an attractive option for businesses of all sizes. The 4,250 square feet of vacant space provides flexibility for various business needs and configurations. This is a chance to secure a prominent presence in a sought-after Pittsburgh business district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $38,896,372
    6.5%
    $35,904,344
    7%
    $33,339,746
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,620,314
    Geo Method
    $36,450,460
  • Alternative Use

    Use
    Valuation
    Residential
    $44,521,384
    Hospitality
    $40,781,348
    Educational
    $33,929,604
    Medical
    $35,096,496
    Retail
    $52,779,384
2585 Freeport Rd, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.5367
Longitude
-79.8428
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
$139,281
$1,046,300
$3,803,700
$4,850,000
-
$1,046,300
$3,803,700
$4,850,000

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