Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    . Avalon Rd Altoona, PA 16601

    Sponsored
    For Sale
    $150,000

    LAND - Altoona, PA

    Lot size:
    16.25 Acres
    Days on Market:
    232
    Last Refresh:
    Jan 23 at 9:06 am

    Property Features for . Avalon Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    14-7 22
    Lot size
    16.25 Acres

    We can help!

    Listing Contact
    Tracy Wilt

    RE/Max Results Realty Group (814) 935-6049

    Listing agent Tracy Wilt (814) 934-0675 License #RS199119L

    Listing date Jun 6, 2025

    MLS# 63998

    Copyright © 2025 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Altoona Land Parcel For Sale

    This property features over 16 acres of land in Altoona, Pennsylvania, suitable for building a dream home. The lot has a subtle uphill grade, potentially offering views. Sewer access is available at the street, and a well will need to be drilled. A survey is on file for the property. The land may also have timber value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Altoona
    County
    Blair
    State
    Pennsylvania
    Longitude
    -78.430879
    Latitude
    40.548721

    Nearby Similar for Sale

    • New
      $489,000
      4,269 SF

      Turnkey Commercial Condo in Altoona

      High-end commercial condo with parking, ideal for various businesses.
      601 7Th Ave, Altoona, PA 16602
      View Details
    • $162,000
      2,674 SF

      Altoona Multi-Unit Investment Opportunity

      Three units plus garage near downtown and shopping.
      2201 Broad Avenue Ext, Altoona, PA 16602
      View Details
    • $549,900
      Pending

      Turnkey Restaurant with Liquor License

      Fully renovated restaurant with liquor license on 0.55 acres.
      2206 7Th Ave, Altoona, PA 16602
      View Details
    • $119,900
      2,630 SF

      Charming Brick Duplex with Garage

      Spacious duplex with garage, ideal for investment or multi-generational living.
      2717-2719 Broad Ave, Altoona, PA 16602
      View Details
    • $1,550,000
      15,000 SF

      Income Producing Altoona Retail Plaza

      Retail plaza with strong tenant history, Altoona, Pennsylvania.
      514 E Pleasant Valley Blvd, Altoona, PA 16602
      View Details
    • $1,900,000
      2.70 Acres

      Altoona Commercial Recreation and Apartments

      Bowling alley with apartments and retail spaces in Altoona, PA.
      1801-23 Logan Ave, Altoona, PA 16602
      View Details
    • $2,038,462
      7,489 SF

      Altoona Retail Property For Sale

      Retail property for sale near Penn State Altoona.
      400 E 25Th Ave, Altoona, PA 16601
      View Details
    • Contact for pricing
      30 SF

      Student Housing Near Penn State

      156-unit student housing community near Penn State Altoona.
      200 Campus View Dr, Altoona, PA 16601
      View Details
    • $140,000

      Altoona 8-Unit Apartment Building

      High-potential multi-family investment.
      1500-1508 13Th St, Altoona, PA 16601
      View Details
    • $299,900
      4,000 SF

      Altoona Mixed-Use Investment Opportunity

      Prime location, high potential, updated building.
      328 5Th Ave, Altoona, PA 16602
      View Details
    • Contact for pricing
      137,279 SF

      Altoona Retail Space: 137,279 SF

      Prime Altoona storefront, high traffic location.
      5580 Goods Ln, Altoona, PA 16602
      View Details
    • $1,250,000
      8,000 SF

      High-Yield Altoona Retail Investment

      AT&T Store - NNN Lease, 7.78% Cap Rate
      3225 Pleasant Valley Blvd, Altoona, PA 16602
      View Details

    FAQs

    What type of property is this?
    Land - 16+ acre lot suitable for residential development in Altoona, PA.
    Where is this land located?
    The property is located at . Avalon Rd Altoona, PA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - 16+ acres of land ready for your vision.; - Sewer access at street.; - Subtle uphill grade with **potential for great views**.
    (814) 934-0675
    Request Owner's contact information
    . Avalon Rd Altoona, PA 16601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    . Avalon Rd
    Altoona, PA 16601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    . Avalon Rd Altoona, PA 16601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tracy Wilt
    Real Estate License ID: RS199119L
    (814) 934-0675
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.