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    22154 Rt 18 Conneautville, PA 16406

    Sponsored
    For Sale
    $3,400,000

    Massive School Campus - Redevelopment Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents the former Conneaut Middle School, a substantial property located at 22154 State Highway 18, Conneautville, PA, within Crawford County. The property encompasses two parcels totaling 27.39 acres (1,193,108 square feet), offering significant redevelopment potential. The main building, a three-level structure, boasts an estimated 102,059 square feet of space, ideal for adaptive reuse. Extensive on-site amenities include ample parking (159 spaces) with asphalt surfaces, multiple athletic fields, a football stadium complete with a field house and locker rooms, and two gymnasiums. The building features a boiler hot water heating system, a Uni Vent heat system with individual room temperature control, and is equipped with a security system, fire alarm, motion sensors, and building-wide Wi-Fi. A backup generator ensures reliable power. Furthermore, the building is ADA compliant on every floor, and an asbestos abatement was completed in 2004. An industrial kitchen is also included. This unique property offers a rare chance to acquire a large-scale facility with diverse possibilities. The expansive layout, existing infrastructure, and ample acreage present a compelling opportunity for a variety of commercial or residential projects.

    Property Features for 22154 Rt 18

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,193,544 SF

    Building Details

    Year Built
    1954
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conneautville
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.3544
    Latitude
    41.748

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    FAQs

    What type of property is this?
    Commercial real estate - Massive School Campus - Redevelopment Potential
    Where is this commercial real estate located?
    The property is located at 22154 Rt 18 Conneautville, PA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    (855) 450-0442
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    22154 Rt 18 Conneautville, PA 16406
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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
    22154 Rt 18 Conneautville, PA 16406
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