173 Industry DrPittsburgh, PA 15275

Property Details for 173 Industry Dr

Lot size

6.88 AC

Property type

Office properties

Property subtype

Office buildings

APN

592-S-392

APU

592S392

Description

This exceptional 71,000-square-foot Class A industrial property, located at 173 Industry Drive in Pittsburgh, Pennsylvania's West Submarket, offers unparalleled flexibility. The building is currently fully vacant and available for immediate occupancy. Suitable for a variety of uses, including flex, manufacturing, warehouse, and creative office spaces, this property boasts impressive features. The space is divisible to a minimum of 15,000 square feet, with a maximum contiguous space of 71,000 square feet, providing options for businesses of all sizes. High ceilings, measuring 21 feet, and ample column spacing of 30 feet, maximize usable space and accommodate various operational needs. Three dock-high doors and one drive-in door ensure efficient loading and unloading. The property also includes an expansive 6.8-acre parking and staging area, providing ample space for vehicles and materials. Parking is generously provided at a rate of 5 spaces per 1,000 square feet. The building features all-new mechanical systems and an existing backup generator, ensuring reliable operations. Its strategic location in Allegheny County offers convenient access to I-376 and Pittsburgh International Airport, enhancing logistical efficiency. This is a rare opportunity to secure a high-quality, versatile industrial space in a prime Pittsburgh location.

• CAP approach

  CAP return

  Valuation

  6%

  $57,003,124

  6.5%

  $52,618,268

  7%

  $48,859,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,037,398

  Geo Method

  $28,037,398

• Alternative Use

  Use

  Valuation

  Residential

  $65,246,652

  Hospitality

  $59,765,580

  Educational

  $49,724,264

  Medical

  $51,434,356

  Retail

  $77,348,856

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4641

Longitude

-80.2044

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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