969 Greentree RdPittsburgh, PA 15220

  • Healthcare properties
  • 3.60 AC
For Lease

Property Details for 969 Greentree Rd

Lot size
3.60 AC
Property type
Healthcare properties
Property subtype
Medical offices
APN
17-F-320
APU
17F320

Description

This exceptional medical office building, totaling 34,077 square feet, presents a fantastic opportunity for healthcare professionals seeking a well-established presence in a thriving Pittsburgh suburb. Built in 1996 and located in Allegheny County, the property offers multiple tenancy options with spaces ranging from 2,082 to 2,473 contiguous square feet. Currently, 4,555 square feet are available. The building boasts a recently renovated, spacious lobby and waiting area, creating a welcoming atmosphere for patients. Its strategic location provides exceptional vehicular access to I-376 and is less than half a mile from downtown Pittsburgh, offering unparalleled convenience for both patients and staff. The property also benefits from abundant free parking, a significant advantage in a busy urban area. Furthermore, tenants enjoy exclusive access to a partner perks program and the support of an on-site property management team dedicated to client satisfaction. The building's proximity to the airport and a vibrant community with ample retail, dining, and entertainment options adds to its appeal, making it an ideal location for a successful medical practice. This is a rare opportunity to secure high-quality medical office space in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,847,730
    6.5%
    $27,551,750
    7%
    $25,583,768
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,680,822
    Geo Method
    $14,680,822
  • Alternative Use

    Use
    Valuation
    Residential
    $34,164,172
    Hospitality
    $31,294,196
    Educational
    $26,036,404
    Medical
    $26,931,836
    Retail
    $40,501,072
969 Greentree Rd, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4201
Longitude
-80.0448
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
$99,916
$1,261,100
$2,088,900
$3,350,000
-
$1,261,100
$2,088,900
$3,350,000

FAQs

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