100 Industry DrPittsburgh, PA 15275

For Lease
$20/SF/YR View listing
  • Office buildings
  • 1.76 AC

Property Details for 100 Industry Dr

Lot size
1.76 AC
Property type
Office buildings
APN
498-E-198
APU
498E198

Description

This exceptional 18,223 square foot office/medical building, situated on a 1.73-acre corner lot in the RIDC West Business Park, presents a unique investment opportunity. The property features over 15 private offices and ample parking with 108 spaces. Currently, 10,578 square feet are available for lease or sale, offering flexibility for various business needs. The building boasts convenient front and rear entrances, enhancing accessibility and functionality. Its strategic location in Findlay Township, minutes from Pittsburgh International Airport, provides excellent visibility and accessibility. The BPK zoning designation further enhances its versatility and potential. This turnkey property is ideal for businesses seeking a high-profile location in a thriving commercial area. The building's size and layout offer significant potential for expansion or customization to suit specific business requirements. The ample parking ensures convenient access for employees and clients alike. This is a rare opportunity to acquire a premier office building in a highly sought-after location. The property's combination of size, location, and amenities makes it an attractive investment for both owner-occupiers and investors seeking a strong return. The substantial vacant space presents a significant opportunity for immediate income generation or expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,604,843
    6.5%
    $13,481,393
    7%
    $12,518,437
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,183,498
    Geo Method
    $7,183,498
  • Alternative Use

    Use
    Valuation
    Residential
    $16,716,928
    Hospitality
    $15,312,616
    Educational
    $12,739,917
    Medical
    $13,178,062
    Retail
    $19,817,648
100 Industry Dr, Pittsburgh, Pennsylvania
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Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4586
Longitude
-80.199
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
$54,648
$352,600
$1,847,400
$2,200,000
-
$352,600
$1,847,400
$2,200,000

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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