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    Property profile & analytics

    5889 Forbes Ave Pittsburgh, PA 15217-1660

    • Investment properties
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-1007118
    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

    • Dr. Ghaith Noaiseh / Internist
    • Bright Star Acupuncture Clinic / Acupuncture Clinic / Chinese Medicine Clinic
    • Chestnut Hills Dental Pittsburgh Sq. Hill / Dentist
    • Rachel K. Eglash, DMD / Dentist
    • Monica Dargan, DMD / Dentist

    Property Details for 5889 Forbes Ave

    Lot size
    0.18 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    86-H-52
    APU
    86H52

    Description

    This exceptional 2,200 square foot street-level retail space is ideally situated at the corner of Forbes Avenue and Shady Avenue in the vibrant Squirrel Hill neighborhood of Pittsburgh, Pennsylvania. The property boasts excellent visibility and accessibility, positioned along a busy main thoroughfare with high pedestrian traffic. This multi-tenant building offers a thriving commercial environment, with established businesses such as Dunkin' already in place. The property's location also benefits from the proximity of several medical offices, including AHN Squirrel Hill Primary Care, Wellness for Life, and Chestnut Hill Dental, further enhancing the area's foot traffic and potential customer base. Ample street parking is available, supplemented by numerous public parking lots in the immediate vicinity. Squirrel Hill is renowned for its walkability, making this location particularly attractive for businesses seeking high visibility and convenient access for customers. The property is categorized as street retail within Allegheny County, offering a unique opportunity for businesses seeking a prominent presence in one of Pittsburgh's most desirable neighborhoods. This space presents a compelling opportunity for a variety of retail uses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9196
    Latitude
    40.4383
    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
    $59,648
    $307,000
    $2,281,900
    $2,588,900
    -
    $307,000
    $2,281,900
    $2,588,900

    Comparable in this City

    • Value Estimation by Request
      0.45 Acres

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    • Value Estimation by Request
      0.03 Acres

      6328 Forbes Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.03 Acres
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      $235,000
      0.10 Acres

      5804 Beacon St

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      $235,000
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      1152 Greenfield Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,300 SF
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    • Value Estimation
      $400,000
      4,400 SF

      1655 Shady Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,400 SF
      1655 Shady Ave, Pittsburgh, PA 15217-1465
      View Details
    • Value Estimation
      $390,000
      0.19 Acres

      6514 Wilkins Ave, Unit 6520

      OFFICE/RESIDENTIAL (MIXED USE) • 0.19 Acres
      6514 Wilkins Ave, Pittsburgh, PA 15217-1357
      View Details

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    Pittsburgh, PA 15217-1660
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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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