Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corry, PA Commercial Land Title is generated by Realmo AI

    10981 ROUTE 426, Corry, PA 16407

    View on Map
    Claim this Listing
    For Sale
    $49,900

    COMMERCIAL - Corry, PA

    Property size:
    60,081 SF
    Lot size:
    1.50 Acres
    Price / SF:
    $0.83/SF
    Added:
    Apr 14, 2026
    Days on Market:
    48
    Last Refresh:
    May 31 at 8:06 am

    Property Features for 10981 ROUTE 426

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0000-000-00000
    Size
    60,081 SF
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    197
    Expense value
    1500
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Private Sewer
    Water source
    Private

    We can help!

    Listing Contact
    Jennifer Nelson

    Listing agent Jennifer Nelson License #AB067796

    Listing office Coldwell Banker Select - Peach 2961 Peach St, Erie, PA

    Listing date Apr 14, 2026

    MLS# 190404 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.

    HighLights

    • Zoned ACR (Agricultural Conservation Recreation) offering versatile usage possibilities.
    • Ideal building lot for a new business.
    • Benefit from a private water source.
    • Features a private sewer system.
    • Parcel#CY--000 for easy identification.
    • Located at coordinates: [-79.58925,41.914875].

    Overview

    This 1.5 acre property is suitable for a new business building lot. The zoning is ACR (Agricultural Conservation Recreation). The property's size is 60081 square feet. The parcel number is CY--000. The property is located in Corry, Pennsylvania.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath Showroom Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Corry
    County
    Erie
    State
    Pennsylvania
    Longitude
    -79.58944
    Latitude
    41.913245

    Nearby Similar for Sale

    • $7,900
      9,239 SF

      Level Building Site Near Park

      Commercial land for sale near Mead Park in Corry, PA.
      820 MEAD Avenue, Corry, PA 16407
      View Details
    • $54,000
      2,380 SF

      Updated Commercial Building in Corry

      Versatile 2380 SF commercial building with numerous recent updates.
      116 PARK Street, Corry, PA 16407
      View Details
    • $6,400
      9,278 SF

      Secluded Land in Corry, PA

      Secluded 0.213-acre lot suitable for building a home.
      532 S SECOND Avenue, Corry, PA 16407
      View Details
    • $425,000
      5,544 SF

      Route 6 Commercial Property

      Commercial property on Route 6 with showroom, office, and garage.
      45420 Route 6, Corry, PA, 16407-2328
      View Details
    • $187,500

      75 Acres of Hunting Land

      Ideal wetland habitat for whitetail and bear hunting.
      TBD Locey Rd, Corry, PA 16407
      View Details
    • $5,000

      Industrial Zoned Land For Sale

      Over half acre of industrial land in Corry, Pennsylvania.
      515 Catherine St, Corry, PA, 16407
      View Details
    • Contact for pricing

      Vacant Land on Columbus Avenue

      Commercial land available on East Columbus Avenue, Corry, Pennsylvania.
      771 East Columbus Avenue, Corry, PA 16407-9028
      View Details
    • $410,000

      Land For Sale

      Land available for sale.
      6th St, Corry, PA 16407
      View Details
    • $1,200,000

      Five Acres of Commercial Land

      Five acres of land with utilities at signalized intersection.
      46375 US-6, Corry, PA 16407
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 1.5 acre commercial land parcel in Corry, Pennsylvania.
    Where is this agricultural land / farmland located?
    The property is located at 10981 ROUTE 426 Corry, PA.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Zoned ACR (Agricultural Conservation Recreation) offering versatile usage possibilities.; Ideal building lot for a new business.; Benefit from a private water source.
    (814) 572-6489
    We can help!
    Listing Contact
    Jennifer Nelson
    Real Estate License ID: AB067796
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10981 ROUTE 426, Corry, PA 16407
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!