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    0000 State St Hermitage, PA 16148

    For Sale
    $199,000

    Prime vacant land, near Town Center.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1.05-acre parcel presents a remarkable development opportunity in the thriving Hermitage, PA market. Strategically located near the Hermitage Central Business District and the anticipated Town Center, this property boasts unparalleled accessibility and infrastructure. The land is completely level, eliminating costly site preparation and maximizing buildable area. Essential utilities are readily available, including public water and sewer connections, ensuring seamless construction and operational efficiency. Electric service, natural gas, high-speed internet, and fiber optic capabilities are all in place, catering to a wide range of potential developments. This prime location offers significant advantages for businesses seeking visibility and convenient access to the community's commercial heart. The proximity to the planned Town Center further enhances the long-term investment potential, promising increased foot traffic and economic growth. This is a rare chance to acquire a fully serviced, level lot in a rapidly developing area, ideal for a variety of commercial or mixed-use projects. The asking price of $199,000 represents exceptional value for a property with such desirable characteristics and location. Don't miss this opportunity to secure a piece of Hermitage's vibrant future.

    Property Features for 0000 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    45,738 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermitage
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.48183
    Latitude
    41.23319

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    FAQs

    What type of property is this?
    Commercial real estate - Prime vacant land, near Town Center.
    Where is this commercial real estate located?
    The property is located at 0000 State St Hermitage, PA.
    What is the asking price?
    The asking price for this property is $199,000.
    (724) 981-2231
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    0000 State St Hermitage, PA 16148
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    Realmo Value Estimation

    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.

    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.

    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
    0000 State St Hermitage, PA 16148
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