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    409 E JAMESTOWN Road Greenville, PA 16125

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    For Sale
    $645,000

    MULTI_FAMILY - Other - Greenville, PA

    Type:Single Family Residence
    Property size:
    2,792 SF
    Lot size:
    3.46 Acres
    Price / SF:
    $231/SF
    Added:
    Nov 5, 2025
    Days on Market:
    178
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for 409 E JAMESTOWN Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    4
    Rooms
    Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4
    Parking features
    Garage
    Standard status
    Active
    APN
    0000-000
    Size
    2,792 SF
    Lot size
    3.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11144
    Expense value
    5000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Baseboard
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1952
    Floors in Building
    2
    Number of units
    2
    Building materials
    Mixed, VinylSiding
    Roof type
    Composition, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    David Gordon
    David Gordon

    Listing agent David Gordon License #AB066597

    Listing office ERA Richmond Real Estate Service 751 N Main St, Meadville, PA

    Listing date Nov 5, 2025

    MLS# 188740 Listing URL

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

    Overview

    Farm with Veterinary Clinic Income

    This property offers a unique investment opportunity, combining residential living with commercial rental income. The property features a 2,792 square foot home with 4 bedrooms and 2.5 bathrooms, situated on 3.46 acres. The home includes a large living room and open kitchen. The property also features a large barn equipped with 9 stalls and an indoor arena. There is potential for additional income through renting out the horse stalls, fenced pastures, and stables. A well-established veterinary clinic is located on the property, secured with a lease and providing consistent rental income. The farm-like setting offers various possibilities for income generation, making it a multifaceted investment opportunity. The property is located in Greenville, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Greenville Veterinary Clinic Veterinary Clinic Clark Tammy DVM Veterinary Clinic Elchstadt Dean DVM Veterinary Clinic Shine Holly DVM Veterinary Clinic

    Suggested Use

    Big Box & Wholesale Store Skin Care Clinic Auto Parts Store Electrical Service Nursing Home Nursing Home Travel Agency Veterinary Clinic Pet Grooming Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.395719
    Latitude
    41.437937

    Nearby Similar for Sale

    • $645,000
      4,211 SF

      Greenville Commercial Property with Veterinary

      Investment opportunity: home, barn, and veterinary clinic on 3.46 acres.
      409 E JAMESTOWN Road, Greenville, PA 16125
      View Details
    • Contact for pricing
      11,200 SF

      Vacant Retail Building with Drive-Thru

      11,200 SF vacant retail building on 1.35 acres.
      335 Main St, Greenville, PA 16125
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    • $899,000
      12,638 SF

      Retail Space on Hadley Road

      12,638 SF retail space on 1.97 AC for sale.
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    • $1,600,000
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      Greenville, PA Commercial Investment Opportunity

      Charming town, thriving business community, easy access to amenities.
      100 Hadley Rd, Greenville, PA
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Residential and commercial opportunity on 3.46 acres in Greenville.
    Where is this horse & equestrian property located?
    The property is located at 409 E JAMESTOWN Road Greenville, PA.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: Established veterinary clinic provides consistent rental income.; Expansive 4‑bedroom, 2.5‑bath home on 3.46 acres.; Large barn with 9 stalls and indoor arena.
    (814) 282-0975
    We can help!
    Listing Contact
    David Gordon
    David Gordon
    Real Estate License ID: AB066597
    Learn More
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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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    409 E JAMESTOWN Road, Greenville, PA 16125

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