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    5242 Baum Blvd Pittsburgh, PA 15224

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    For Sale
    $2,450,000

    Development site in Pittsburgh's Shadyside neighborhood with flexible zoning.

    Property size:
    15,654 SF
    Lot size:
    15.00 Acres

    Property Features for 5242 Baum Blvd

    General Information

    Size
    15,654 SF
    Lot size
    15.00 Acres

    Source: Keane George Agent Keane George

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Shadyside Development Opportunity

    This development site, located at 5242 Baum Boulevard in Pittsburgh, Pennsylvania, offers approximately 15,654 square feet of land across four contiguous parcels. The site has roughly 125 feet of frontage along Baum Boulevard. Formerly the location of Café Sam’s, this property is positioned in Shadyside, near UPMC Shadyside Hospital and the Hillman Cancer Center, and within proximity to the University of Pittsburgh and Carnegie Mellon University. The area is experiencing growth across healthcare, higher education, research, and technology. The immediate area offers walkable access to retail and lifestyle amenities such as Whole Foods, Giant Eagle, Courtyard by Marriott, Hyatt House, and Morrow Park Apartments. The property is zoned LNC (Local Neighborhood Commercial), allowing for a Floor Area Ratio of 2:1 and a maximum building height of 45 feet (three stories). Adjacent properties are zoned UNC (Urban Neighborhood Commercial), which permits a higher FAR of 3:1 and building heights up to 85 feet (six stories), indicating potential for increased density through rezoning or assemblage strategies. This location, accessibility, and surrounding institutional anchors create a foundation for development concepts, including mixed- use, multifamily, medical office, or hospitality.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.940934
    Latitude
    40.456024

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    FAQs

    What type of property is this?
    Commercial land - Development site in Pittsburgh's Shadyside neighborhood with flexible zoning.
    Where is this commercial land located?
    The property is located at 5242 Baum Blvd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: - Strategic development opportunity in Shadyside, a dynamic and evolving neighborhood.; - Located in close proximity to UPMC Shadyside Hospital, the Hillman Cancer Center, University of Pittsburgh and Carnegie Mellon University.; - High visibility and walkable access to retail and lifestyle amenities (Whole Foods, Giant Eagle, etc.).
    (724) 699-4707
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    5242 Baum Blvd Pittsburgh, PA 15224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5242 Baum Blvd Pittsburgh, PA 15224
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