200 James PlMonroeville, PA 15146

Property Details for 200 James Pl

Lot size

3.21 AC

Property type

Office properties

Property subtype

Office buildings

APN

857-L-24

APU

857L24

Description

This exceptional four-story medical office building, located at 200 James Place, Monroeville, PA 15146, offers 30,933 square feet of space, with 11,691 square feet currently vacant. The property features one elevator, electric power, and ample parking. Situated in the Pittsburgh East submarket, near Mosside Blvd., this C-2 zoned building enjoys excellent visibility and accessibility, right off Route 48, near the PA Turnpike and Parkway East Monroeville exit. Multiple tenancy options are available, ranging from 115 square feet to 6,067 square feet, with rental rates varying from $12.00 per square foot to $695 per month depending on the space. The building is recently updated and ideal for medical, office, or laboratory users. Signage opportunities are available. The owner is willing to subdivide spaces, remodel, or build to suit tenant needs. This secure building presents a fantastic opportunity for businesses seeking a prominent location in a thriving Monroeville community.

• CAP approach

  CAP return

  Valuation

  6%

  $33,238,846

  6.5%

  $30,682,012

  7%

  $28,490,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,922,220

  Geo Method

  $27,922,220

• Alternative Use

  Use

  Valuation

  Residential

  $38,045,692

  Hospitality

  $34,849,652

  Educational

  $28,994,500

  Medical

  $29,991,666

  Retail

  $45,102,556

Location Insight

City

Monroeville

County

Allegheny

State

Pennsylvania

Latitude

40.4275

Longitude

-79.7553

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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