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    700 Washington Rd Pittsburgh, PA 15228

    • Office buildings
    • 0.07 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US73-0944608
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 700 Washington Rd

    Lot size
    0.07 lot acres
    Property type
    Office buildings
    APN
    141-F-49
    APU
    141F49

    Description

    This exceptional 4,300 square foot office building, located at 700 Washington Road in Pittsburgh, Pennsylvania's desirable Mt. Lebanon submarket, presents a unique opportunity. Situated on a 0.067-acre lot in the Central Square area, this single-tenant property boasts a CBD zoning designation. The building is classified as Retail, Office, and Special Purpose, with the available space currently configured as a traditional, medical, or creative office suite. The lower-level suite encompasses 1,900 square feet of vacant space, ideal for a variety of uses. Previously utilized as a dance studio, the open-span layout offers flexibility for customization. Two restrooms are conveniently located within the suite. The property's address is 700 Washington Rd, Lower Level, Pittsburgh, PA 15228. Its convenient location in the thriving Mt. Lebanon submarket of Pittsburgh offers excellent accessibility and visibility. The APN is 0141-F-00049. This property is perfect for businesses seeking a well-located, adaptable space in a vibrant community. The available space presents a blank canvas for a business to create its ideal workspace. Don't miss this chance to secure a prime location in a sought-after area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $325,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $295,000
      Mixed-Use
      $270,000
      Hospitality
      $330,000
      Educational
      $340,000
      Residential Income
      $295,000
      Energy
      $305,000
      Income-Based Land
      $335,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0451
    Latitude
    40.3802
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,507
    $75,200
    $183,000
    $258,200
    -
    $75,200
    $183,000
    $258,200

    Comparable in this City

    • Value Estimation
      $190,000
      0.10 Acres

      195 Castle Shannon Blvd

      OFFICE BUILDING • 0.10 Acres
      195 Castle Shannon Blvd, Pittsburgh, PA 15228-2268
      View Details
    • Value Estimation by Request
      0.10 Acres

      664-668 Washington Rd

      OFFICE BUILDING (MULTI-STORY) • 0.10 Acres
      664-668 Washington Rd, Pittsburgh, PA 15228
      View Details
    • Value Estimation
      $315,000
      0.13 Acres

      431 Cochran Rd

      OFFICE BUILDING • 0.13 Acres
      431 Cochran Rd, Pittsburgh, PA 15228-1238
      View Details
    • Value Estimation
      $315,000
      0.19 Acres

      460 Cochran Rd

      OFFICE BUILDING • 0.19 Acres
      460 Cochran Rd, Pittsburgh, PA 15228-1274
      View Details
    • Value Estimation
      $190,000
      0.10 Acres

      197 Castle Shannon Blvd

      OFFICE BUILDING • 0.10 Acres
      197 Castle Shannon Blvd, Pittsburgh, PA 15228-2268
      View Details
    • Value Estimation
      $305,000
      0.08 Acres

      740 Washington Rd

      OFFICE BUILDING • 0.08 Acres
      740 Washington Rd, Pittsburgh, PA 15228-2021
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    Similar Nearby for Lease

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    • $16 SF/Yr
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      700 Washington Rd Office Space

      Prime Mt. Lebanon Office Suite, 1900 SF Available
      700 Washington Rd, Pittsburgh, PA 15228
      View Details
    • $6 SF/Yr
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      Pittsburgh Office Space for Lease

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      6,194 SF

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      Upscale Galleria location, 6,285 SF, rooftop deck.
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      6,824 SF

      Retail Space Available For Rent

      Retail space available for rent in Pittsburgh, Pennsylvania.
      712 Washington Rd, Pittsburgh, PA 15228
      View Details
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    700 Washington Rd
    Pittsburgh, PA 15228
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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
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