Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Steubenville, OH City Lot Title is generated by Realmo AI

    1331 Pennsylvania Avenue, Steubenville, OH 43952

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Steubenville, OH

    Lot size:
    0.07 Acres
    Added:
    Aug 30, 2025
    Days on Market:
    271
    Last Refresh:
    May 27 at 4:06 pm

    Property Features for 1331 Pennsylvania Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    APN
    07-04040-000
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    301 LABELLE 30X110 MAP-07-11B0-05600
    Tax Annual Amount
    12

    We can help!

    Listing Contact
    James W Petrella

    Listing agent James W Petrella License #2006004585

    Listing office DeLuca Realty 560 Canton Rd, Wintersville, OH

    Listing date Aug 30, 2025

    MLS# 5152738 Listing URL

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • All utilities available at the street for easy hookup.
    • Conveniently located minutes from Franciscan University of Steubenville.
    • Level lot suitable for quick and efficient construction.
    • Easy access to public transportation and essential amenities.
    • Approximately 30 minutes from Pittsburgh International Airport.
    • Ideal for building a personal residence, rental property, or investment property.

    Overview

    This city lot presents an opportunity for building a home or investment property. The level parcel has water, gas, electric, and sewer available at the street. It is located minutes from Franciscan University of Steubenville, providing convenient access for students and faculty. Public transportation is easily accessible, and essential amenities such as grocery stores, pharmacies, schools, restaurants, and parks are within a short walk or drive. Pittsburgh International Airport is approximately 30 minutes away. The lot is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Steubenville
    County
    Jefferson
    State
    Ohio
    Longitude
    -80.625445
    Latitude
    40.369916

    Nearby Similar for Sale

    • $315,000
      46,000 SF

      Versatile Commercial Property in Steubenville

      46,000 SF commercial property ideal for distribution or manufacturing.
      312 N 7th Street, Steubenville, OH 43952
      View Details
    • $119,000
      1,665 SF

      Remodeled Duplex Near Franciscan University

      Updated duplex with income potential, near Franciscan University.
      1516 Pennsylvania Avenue, Steubenville, OH 43952
      View Details
    • $185,000
      1,990 SF

      Updated Duplex Near University

      Turnkey duplex with strong rental potential near university.
      506 Woodlawn Road, Steubenville, OH 43952
      View Details
    • $194,900

      Steubenville Multifamily Investment Opportunity

      Three-unit property with strong income potential in Steubenville, OH.
      1317 Plum Street, Steubenville, OH 43952
      View Details
    • $239,900

      Mixed-Use Building in Prime Location

      Mixed-use building with apartments and storefronts, value-add potential.
      205 S 4th Street, Steubenville, OH 43952
      View Details
    • $30,000
      2,577 SF

      Steubenville Duplex Investment Opportunity

      Duplex in downtown Steubenville, great investment or owner-occupancy.
      321-323 Slack Street, Steubenville, OH 43952
      View Details
    • $30,000

      Commercial Lot Near Franciscan University

      Commercial lot near university, businesses, restaurants, and residential homes.
      1247 Ridge Avenue, Steubenville, OH 43952
      View Details
    • $80,000

      Steubenville Land Investment Opportunity

      Eight lots over five parcels near Franciscan University.
      1521-1529 State Street, Steubenville, OH 43952
      View Details
    • $10,000

      Commercial Lots in Downtown Steubenville

      Prime commercial lots suitable for parking or laydown yard.
      301 S 6th Street, Steubenville, OH 43952
      View Details
    • $280,000
      7,000 SF

      Established Pub with Entertainment Potential

      Turnkey pub with full kitchen, entertainment space, and parking.
      1179 State Route 213, Steubenville, OH 43952
      View Details
    • $15,000

      Steubenville Land Ready For Development

      Level lot in downtown Steubenville ready for development.
      128 Butte Street, Steubenville, OH 43952
      View Details
    • $18,444

      Residential Land in Steubenville, OH

      Flat, cleared lot ready for dream home construction.
      Sealock Avenue, Steubenville, OH 43952
      View Details

    FAQs

    What type of property is this?
    Land - City lot near university with utilities available.
    Where is this land located?
    The property is located at 1331 Pennsylvania Avenue Steubenville, OH.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: All utilities available at the street for easy hookup.; Conveniently located minutes from Franciscan University of Steubenville.; Level lot suitable for quick and efficient construction.
    (740) 632-2952
    We can help!
    Listing Contact
    James W Petrella
    Real Estate License ID: 2006004585
    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

    Thank You for Inquiry
    1331 Pennsylvania Avenue, Steubenville, OH 43952
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!