Add Listing
    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

    10321 Fairgrounds Road Huntingdon, PA 16652

    View on Map
    Claim this Listing
    For Sale
    $294,900

    MULTI_FAMILY - Huntingdon, PA

    Type:Single Family Residence
    Property size:
    2,600 SF
    Lot size:
    1.80 Acres
    Added:
    Feb 19, 2025
    Days on Market:
    420
    Last Refresh:
    Apr 15 at 8:06 pm

    Property Features for 10321 Fairgrounds Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    Industrial H
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    44-11-01
    Size
    2,600 SF
    Lot size
    1.80 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3100

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1958
    Number of units
    2

    We can help!

    Listing Contact
    R. Scott Merrell
    R. Scott Merrell

    Listing agent R. Scott Merrell

    Listing office Raystown Realty 310 2nd Street, Huntingdon, PA

    Listing date Feb 19, 2025

    MLS# 2818061 Listing URL

    Copyright © 2026 Huntingdon County Board 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.

    Overview

    Commercial Space with Residential Bonus

    This commercial property offers a blend of workspace and residential opportunity. Situated on a 1.8-acre level lot, the property includes a parking area at the front and side, along with an oversized three-car enclosed garage. The shop area features an open layout with additional storage and office lofts, plus a half bath and lift. Outside, there is extra storage space for materials and additional parking. In addition to the commercial space, the property includes a home or rental unit, providing an opportunity for extra income or owner occupancy. The property is zoned for industrial use. The building and house are for sale separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John's Welding Shop ... General Contractor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntingdon
    County
    Huntingdon
    State
    Pennsylvania
    Longitude
    -78.027802
    Latitude
    40.479424

    Nearby Similar for Sale

    • $295,000
      3,700 SF

      Historic Railroad Station For Sale

      Former PRR Railroad Station in Huntingdon, PA, with parking.
      400 Allegheny St, Huntingdon, PA 16652
      View Details
    • $150,000
      2,975 SF

      Huntingdon Commercial Flex/Warehouse Space

      Versatile commercial property with office and warehouse space in Huntingdon.
      614 6th st, Huntingdon, PA 16652
      View Details
    • $250,000
      3,760 SF

      Established Tavern in Downtown Huntingdon

      Turn-key tavern with rental income potential in Huntingdon, PA.
      419 Penn Street, Huntingdon, PA 16652
      View Details
    • $289,900
      2,300 SF

      Turn-Key Bar/Restaurant with Apartment

      Commercial property featuring a bar/restaurant with an upstairs apartment.
      1301 Washington Street, Huntingdon, PA 16652
      View Details
    • $249,900
      1,578 SF

      Downtown Huntingdon Mixed-Use Property

      Commercial property with remodeled apartment in downtown Huntingdon, Pennsylvania.
      605/607 Mifflin St, Huntingdon, PA 16652
      View Details
    • $109,900
      1,360 SF

      Auto Service Garage For Sale

      Commercial building currently an auto service garage in Huntingdon, PA.
      113 Mt Vernon Ave, Huntingdon, PA 16652
      View Details
    • $229,900
      2,218 SF

      Huntingdon Multifamily Investment Opportunity

      Multifamily property in Huntingdon, PA with rental income.
      830 Mt Vernon Ave, Huntingdon, PA 16652
      View Details
    • $8,540,000
      138,695 SF

      Aldi Anchored Shopping Center

      138,695 SF shopping center anchored by Aldi.
      7505 Huntingdon Plaza, Huntingdon, PA 16652
      View Details
    • $699,000
      21,600 SF

      Mixed-Use Investment Opportunity in Huntingdon

      Two downtown properties with 17 rental units for sale.
      713/715 Washington Street, Huntingdon, PA 16652
      View Details

    FAQs

    What type of property is this?
    Flex space - Commercial space with land and bonus home/rental for income.
    Where is this flex space located?
    The property is located at 10321 Fairgrounds Road Huntingdon, PA.
    What is the asking price?
    The asking price for this property is $294,900.
    What are key features of this property?
    This property features: Commercial space with 1.8 acre level lot and ample parking.; Includes a bonus home/rental for extra income or owner occupancy.; Oversized 3‑car enclosed garage.
    (814) 251-1108
    We can help!
    Listing Contact
    R. Scott Merrell
    R. Scott Merrell
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!