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55 Alpha W Dr Pittsburgh, PA 15238-1401

Investment properties Google Maps
1.55 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$3.32M
Range $2.98M – $3.65M (±10%)
Property ID US73-2276100

Property summary

AI-generated overview

This exceptional 9,674 square foot office space, located in the Northeast Pittsburgh submarket at 55 Alpha Dr W, Pittsburgh, PA 15238, is available for lease. Situated within the three-story, 33,462 square foot "Landings" building, this space represents the entire second floor and is divisible down to 2,000 square feet. The property boasts modern features including exposed ceilings, polished concrete floors, and glass-front offices, creating a bright and inviting atmosphere with abundant natural light. Partially furnished, the space offers flexibility for various business needs. Building amenities include 151 free on-site parking spaces, convenient access to public transportation, and signage opportunities on Freeport Road. The building's location provides immediate access to the Pennsylvania Turnpike (I-76) and SR-28, and is steps away from a variety of retail and dining establishments. The building is a Class B property, constructed in 1997, and features one elevator. Common area modernization is currently underway. The property sits on a 1.55-acre lot (APN: 0441-D-00165-0000-00) and is zoned for commercial use. This is a fantastic opportunity for businesses seeking a well-located, modern, and flexible office space in a thriving Pittsburgh submarket.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 1.55 ac (67,431 SF)
APN 441-D-165
UPID US73-2276100

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • High School
  • Nail Salon
  • Alternative Medicine Practice
  • Bar & Pub

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.32M

Owner & transaction history

since 2022
Last sale
$3.6M
1 recorded transaction
2022
$3.6M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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