2200 Liberty AvePittsburgh, PA 15222

  • Healthcare properties
  • 60,000 SF
For Lease

Property Details for 2200 Liberty Ave

Lot size
8.29 AC
Property size (Sq ft)
60,000 SF
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
62-G-50
APU
62G50

Description

This exceptional three-story office building, the Liberty Technology Center, offers 156,944 square feet of space, with 23,414 square feet currently vacant. Located at 2200 Liberty Avenue in Pittsburgh, Pennsylvania, 15222, this Class B property sits on 7.95 acres of land and is zoned C-3 Planned Commercial District within Allegheny County. The building features ample parking to accommodate tenants and visitors. Its versatile design is suitable for a variety of office uses, including showroom, research and development, computer, and service-oriented businesses. The strategic location offers convenient access to the vibrant Strip District, known for its diverse shopping and dining options. Furthermore, the property enjoys close proximity to multiple hotels, including a 143-room Hampton Inn & Suites, enhancing its appeal and accessibility. This single-building property presents a compelling opportunity for businesses seeking a well-situated and functional office space in a thriving Pittsburgh neighborhood. The multiple tenancy structure allows for flexibility in leasing arrangements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,153,889
    6.5%
    $10,295,897
    7%
    $9,560,476
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,454,260
    Geo Method
    $6,454,260
  • Alternative Use

    Use
    Valuation
    Residential
    $13,060,780
    Hospitality
    $11,963,604
    Educational
    $9,953,578
    Medical
    $10,295,897
    Retail
    $15,483,344
2200 Liberty Ave, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4014
Longitude
-80.0242
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
$48,384
$556,800
$1,543,200
$2,100,000
-
$556,800
$1,543,200
$2,100,000

FAQs

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