Office-Retail Building with Private
For Sale
Contact for pricing
200 Highland Villa Dr, Pittsburgh, PA 15234
Mixed-use building offers wide-open office or retail space with abundant natural light and a private elevator.
Property Size8,500 SF
Price / SF$0.00
Days on Market147
Property Features for 200 Highland Villa Dr
General Information
Standard status
Active
Size
8,500 SF
Additional Details
Office Units
2
Taxes and HOA fees
Annual Taxes
$3,182
Building Details
Stories
2
Listing Agency:
BALLYMONEY REAL ESTATE SERVICES, INC.
(412) 566-1993
Listed By:
Lori Moran
(412) 491-1690
Source:
Exprealty
Added: May 27
Changed: Oct 15
Last Checked: Oct 19 at 10:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BALLYMONEY REAL ESTATE SERVICES, INC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a multi-level office and retail building with open-concept floor plans and windows around the space. Public remarks indicate private elevator service, strong natural light, and an exposed aggregate patio area plus a full basement included as free square footage for a first-floor tenant. The building is configured to support multiple suites across the first and second floors.
The building is located at the corner of N Highland and Broad Street in the East Liberty Business District. Public remarks also note two large public parking lots within one block, with nearby retail and amenities including Whole Foods, Target, and Home Depot. East Liberty headquarters and surrounding offices referenced in the remarks include Google and Duolingo, as well as other tech and professional uses, with Hotel Indigo across the street.
For operations, the combination of open layouts, the patio and basement amenity for the first floor, and private elevator access across levels can support a variety of office or retail strategies within the building’s current configuration.
The building is located at the corner of N Highland and Broad Street in the East Liberty Business District. Public remarks also note two large public parking lots within one block, with nearby retail and amenities including Whole Foods, Target, and Home Depot. East Liberty headquarters and surrounding offices referenced in the remarks include Google and Duolingo, as well as other tech and professional uses, with Hotel Indigo across the street.
For operations, the combination of open layouts, the patio and basement amenity for the first floor, and private elevator access across levels can support a variety of office or retail strategies within the building’s current configuration.
Key Highlights
- Mixed‑use building with 1st floor 3, 700 SF and 2nd floor 4, 500 SF, designed for office or retail use.
- Private elevator servicing both floors and abundant natural light with windows all around.
- Corner of N Highland and Broad Street in the East Liberty Business District.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,068
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,981,360
$2.0M
Cap Rate 7%
$1,415,257
$1.4M
Cap Rate 9%
$1,100,756
$1.1M
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$153.0K $18.00/SF
− Vacancy
−$11.5K −$1.35/SF
EGI
$141.5K $16.65/SF
− OpEx
−$42.5K −$5.00/SF
NOI
$99.1K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,981,360
Cap Rate 7%
$1,415,257
Cap Rate 9%
$1,100,756
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,584 @ 7.0% cap · market cap 542,920.00%
Second Best
Retail
$1.42M
$1.24M – $1.65M
NOI $99,068 @ 7.0% cap · market cap 495,340.00%
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,495 @ 7.0% cap · market cap 947,475.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 15234, PA
13,966
Population
6,733
Households
2.1
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
4,505
Density / Sq Mi
$75,766
Median Household Income
$49,531
Median Earnings
$1,004
Median Rent
$199,700
Median Home Value
Market
Vacancy Rate% for Office in Pittsburgh, PA
Frequently Asked Questions
What type of property is this?
Office unit - Mixed-use building offers wide-open office or retail space with abundant natural light and a private elevator.
Where is this office unit located?
The property is located at 200 Highland Villa Dr Pittsburgh, PA.
What are key features of this property?
This property features: Mixed‑use building with 1st floor 3, 700 SF and 2nd floor 4, 500 SF, designed for office or retail use.; Private elevator servicing both floors and abundant natural light with windows all around.; Corner of N Highland and Broad Street in the East Liberty Business District.
