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    1700 Forbes Ave Pittsburgh, PA 15219

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    For Sale
    Contact for pricing

    5,000 SF office building with parking near UPMC.

    Property size:
    5,000 SF
    Lot size:
    0.07 Acres

    Property Features for 1700 Forbes Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.07 Acres

    Source: Colliers | Pittsburgh Agent Raymond Orowetz

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

    Overview

    Two-Story Office Building with Parking

    This two-story, 5,000 SF office building is fully air-conditioned and well-maintained. The property includes a lower level suitable for record storage. Floor plans are available. A paved and fenced 3,800 SF parking area is included. The zoning is uptown public realm sub district. The parking lot is zoned UPR-A, and the office building is zoned UPRA-B. The property is located in a qualified opportunity zone (CT 103) and is ideally suited for health-related offices due to its proximity to UPMC’s $400 million Vision & Rehabilitation Institute, which is currently under construction. The building is situated amidst existing and planned health-related, institutional, and sports facilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Steve Schwartz Associates Commercial Printer Office Supply Solutions Office Supply Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center 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
    -79.9825115
    Latitude
    40.4373995

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    FAQs

    What type of property is this?
    Office building - 5,000 SF office building with parking near UPMC.
    Where is this office building located?
    The property is located at 1700 Forbes Ave Pittsburgh, PA.
    What are key features of this property?
    This property features: - 5,000 SF fully air-conditioned structure.; - Well-maintained building.; - 3,800 SF paved and fenced parking area.
    (412) 860-8898
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    1700 Forbes Ave Pittsburgh, PA 15219
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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
    1700 Forbes Ave Pittsburgh, PA 15219
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