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811 Boyd Ave Pittsburgh, PA 15238-2738

OFF-MARKET Office buildings Google Maps
0.45 ac lot
Individually Owned 18-yr Hold Free & Clear
Estimated value (blended)
$330k
Range $297k – $363k (±10%)
Property ID US73-5626840

Property summary

AI-generated overview

This exceptional O'Hara Township investment opportunity encompasses a 1.36-acre lot featuring two buildings: a two-story professional office building and a well-maintained warehouse. The office building offers a unique blend of income-generating and flexible space. The second floor is currently leased to a long-term tenant, providing a stable revenue stream. The first floor offers adaptable office suites suitable for a variety of businesses. Building B, a pristine warehouse, is currently used as a fitness center, demonstrating its versatility for diverse commercial applications. The property also includes a substantial fenced yard, ideal for storage or staging. Located minutes from Fox Chapel, Oakmont, and Route 28, this property provides easy access to downtown Pittsburgh. Its highly desirable location boasts river views and proximity to local amenities such as restaurants, coffee shops, and a marina, making it attractive to both tenants and employees. This income-producing property presents a rare opportunity to acquire a versatile commercial asset with significant potential for growth and future development in a highly sought-after area. The combination of office and warehouse space, coupled with the ample outdoor space and prime location, makes this an exceptional investment opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.45 ac (19,438 SF)
APN 292-G-44
UPID US73-5626840

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Freight Service Logistics Company
  • Physician
  • College
  • Home Decor Store Furniture & Home Goods

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2008
2 recorded transactions
2008
$590,000
2001
$540,000

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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