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    Equestrian Farmette with 10-Stall Barn Title is generated by Realmo AI

    24 Stom Road, Ligonier, PA 15658

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    For Sale
    $550,000

    Farm - Cook Twp, PA

    Type:Farm
    Lot size:
    17.60 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    173
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 24 Stom Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    AG
    Standard status
    Active
    Lot size
    17.60 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1760

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Elaine Shetler-Libent

    Listing agent Elaine Shetler-Libent License #RS313916

    Listing office KELLER WILLIAMS REALTY 1500 Oxford Drive, Bethel Park, PA

    Listing date Dec 12, 2025

    MLS# 1733479 Listing URL

    Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 17‑acre horse farmette designed for an equestrian business
    • 10‑stall barn with wide concrete aisles and tack room
    • Approximately 15 acres of divided pastures with 4‑wire coated electric fencing
    • Enclosed, covered 60’ diameter Equi‑Cover round pen for year‑round riding
    • 2‑story bank barn provides serious storage, including room for 1,500+ square bales, a grain room, & a concrete lower level
    • Land has not been treated with chemicals, suitable for organic practices

    Overview

    This 17-acre horse farmette is equipped for an equestrian business. The 10-stall barn features wide concrete aisles and a functional layout suitable for boarding, training, or lessons. A tack room is also included. The upper loft provides open-span space suitable for a conference room, office space, and a kitchenette, with washer and dryer hookups. Approximately 15 acres are divided into pastures with 4-wire coated electric fencing, designed for turnout and rotation. A two-story bank barn offers storage, including space for over 1,500 square bales, a grain room, and a concrete lower level suitable for a workshop, equipment storage, or a small machinery bay. An enclosed, covered 60-foot diameter Equi-Cover round pen provides year-round ride time. The land has not been treated with chemicals. An abundant water well is present. Security keypad doors and a burglar alarm/ADT system are transferable.
    Property Profile Location Intelligence

    Current Use by Public Records

    equine assisted learning ... Charitable Organization STAT Ligonier Therapeutic ... Training Center Within RANGE Counseling ... Physician

    Suggested Use

    Auto Repair Shop Nursing Home Nursing Home Adult Day Care

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

    Location Insight

    • Map
    • Local Demand
    City
    Ligonier
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.303535
    Latitude
    40.185539

    Nearby Similar for Sale

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    • $195,000

      Ligonier Boro Warehouse For Sale

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    • $1,750,000

      Mixed-Use Property in Ligonier Borough

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    FAQs

    What type of property is this?
    Horse & equestrian property - 17-acre horse farmette with 10-stall barn and pastures.
    Where is this horse & equestrian property located?
    The property is located at 24 Stom Road Ligonier, PA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 17‑acre horse farmette designed for an equestrian business; 10‑stall barn with wide concrete aisles and tack room; Approximately 15 acres of divided pastures with 4‑wire coated electric fencing
    (412) 831-3800
    We can help!
    Listing Contact
    Elaine Shetler-Libent
    Real Estate License ID: RS313916
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    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.

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