503 Martindale StPittsburgh, PA 15212

Property Details for 503 Martindale St

Lot size

0.07 AC

Property type

Parking lots & garages

APN

8-F-105

APU

8F105

Description

The D. L. Clark Building, located at 503 Martindale Street in Pittsburgh, PA 15212, offers 197,000 square feet of executive office space in a single building. This historic property boasts a prime location between PNC Park and Acrisure Stadium, providing unparalleled access to restaurants, entertainment, and the vibrant North Shore development. The building features 2,000 parking spaces and elevators for convenient access. Multiple tenancy options are available, with suites ranging from a minimum of 1,800 square feet to a maximum contiguous space of 34,814 square feet. Currently, 103,313 square feet of space is vacant. A full floor (approximately 34,814 sq ft) is available on the third floor. Enjoy stunning views of the Pittsburgh skyline, the North Shore, North Side, and Allegheny Commons Park. This exceptional property presents a unique opportunity for businesses seeking a prestigious and conveniently located office space in the heart of Pittsburgh's dynamic North Shore.

• CAP approach

  CAP return

  Valuation

  6%

  $633,885

  6.5%

  $585,124

  7%

  $543,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $275,988

  Geo Method

  $275,988

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,159,460

  Mixed-Use / Specialty

  $575,600

  Hospitality / Lodging

  $412,616

  Office

  $564,434

  Institutional / Educational

  $595,734

  Residential Income

  $697,009

  Multifamily

  $877,189

  Automotive / Energy

  $510,629

  Parking / Income-Based Land

  $183,560

  Restaurant / Food Service

  $283,501

  Healthcare / Senior Housing

  $597,895

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4492

Longitude

-80.0079

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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