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    560 Old Hickory Ridge Rd Washington, PA 15301

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    Claim this Listing
    For Sale
    $1,700,000

    Farm - Chartiers, PA

    Type:Farm
    Lot size:
    74.30 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    51
    Last Refresh:
    May 8 at 8:06 am

    Property Features for 560 Old Hickory Ridge Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    AGR
    Standard status
    Active
    Lot size
    74.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    498

    Utilities

    Sewer type
    Other
    Water source
    Public

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tanya Rhody

    Listing agent Tanya Rhody License #RS226730L

    Listing office REALTY ONE GROUP PLATINUM 212 Washington Avenue, Pittsburgh, PA

    Listing date Mar 19, 2026

    MLS# 1744409 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

    • Level to rolling land with great views from the rear ridge.
    • All utilities available (except public sewage).
    • Mostly clear land, suitable for building or farming.
    • Excellent horse property.
    • Located in Chartiers Township and Schools.
    • Clean and Green designation.

    Overview

    Chartiers Farm with Great Views

    This 74.3-acre farm property is situated in an area known for its lovely estates. The land features a level to rolling topography, offering great views from the rear ridge. The property is easily accessible by vehicle, with appointments required for visits. All utilities are available on-site, except for public sewage, which is located approximately 1 mile away, presenting a consideration for potential development. Note that gas rights have been previously separated from the property. The landscape is predominantly clear, with trees bordering the rear sections. While the address is associated with Washington, the property is located within Chartiers Township and its school district. The property is designated as Clean and Green and is suitable for building a dream home or establishing a farm. It is also considered an excellent property for horses and equestrian activities. The zoning is AGR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Travel Agency Veterinary Clinic Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.26493
    Latitude
    40.24401

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    FAQs

    What type of property is this?
    Farm - 74.3-acre farm property with utilities and excellent views.
    Where is this farm located?
    The property is located at 560 Old Hickory Ridge Rd Washington, PA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Level to rolling land with **great views from the rear ridge.**; All utilities available (except public sewage).; Mostly clear land, suitable for building or farming.
    (412) 226-6500
    We can help!
    Listing Contact
    Tanya Rhody
    Real Estate License ID: RS226730L
    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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    560 Old Hickory Ridge Rd, Chartiers, PA 15301
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