233 Mckee Pl Pittsburgh, PA 15213
This exceptional 0.334-acre land parcel (APN 28-F-337) at 233 McKee Place, Pittsburgh, PA 15213, presents a unique investment opportunity in the heart of Oakland's Innovation District. Currently zoned OPR-C (Oakland Public Realm-C), with pending rezoning to UC-E (Urban Center Employment), this property offers significant flexibility for a variety of development projects. The 14,560 square foot site boasts impressive frontage on McKee Place (110 feet) and Semple Street (50 feet). Permitted uses under the current zoning include multi-unit residential, hotel, medical, and professional office spaces. Its strategic location places it within one block of Forbes Avenue's vibrant retail scene and provides immediate proximity to major institutions such as the University of Pittsburgh, UPMC hospitals, Carlow University, and Carnegie Mellon University. Furthermore, the property benefits from excellent transit access, situated within one or two blocks of multiple Port Authority bus stations and the planned $230 million Downtown-Uptown-Oakland-East End Bus Rapid Transit (BRT) line. The asking price for this remarkable development opportunity is $5,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.