Property summary
This exceptional three-story executive office building, located at 115 Smithfield Street in Pittsburgh, Pennsylvania's central district, presents a compelling investment opportunity. Boasting 9,000 square feet on a 0.07-acre lot, the property offers a strong net operating income (NOI) of $110,000, translating to a 4.40% capitalization rate. The asking price is $2,500,000, resulting in a price per square foot of $277.78. Originally constructed in 1900 and renovated in 1980, the building is… zoned for commercial use and benefits from its high-traffic location within walking distance of Pittsburgh's cultural and financial districts. Current leases are in place, providing immediate investment returns. The property's iconic status and central location make it ideal for continued operation as executive offices or present a unique opportunity for redevelopment or a change of use, capitalizing on the area's ongoing revitalization. Additionally, a ground lease option is available at an 8.8% cap rate. This property offers a blend of established income and significant future potential in a thriving Pittsburgh neighborhood. The Allegheny County location and 15219 zip code provide easy access to major transportation routes and amenities.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.07 ac
- APN
- 1-M-123
- Assessed value · 2024
- $736,000
- Annual tax · 2024
- $16,957
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Alternative use
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