Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11200 Perry Hwy Meadville, PA 16335

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,674,000

    Property leased to United States Veterans Affairs with long term lease.

    Property size:
    14,005 SF
    Lot size:
    1.48 Acres

    Property Features for 11200 Perry Hwy

    General Information

    Size
    14,005 SF
    Lot size
    1.48 Acres

    Source: Passov Real Estate Group Agent Dan Lariccia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long-Term Leased Investment Opportunity

    This property, comprising 14,005 square feet on 2.5 acres, is subject to a long-term lease with the United States Veterans Affairs. The lease commenced on May 1, 2024, and features a firm term of ten years, followed by a soft term of ten years. The Veterans Affairs contributed $2,553,024 towards interior tenant improvements. The lease agreement includes rental increases of $1.50 per square foot every five years. The property is located at 11200 Perry Hwy, Meadville, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Meadville
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.202625
    Latitude
    41.620767

    Nearby Similar for Sale

    • $650,000
      7,313 SF

      Established Restaurant with Development Potential

      Turn-key restaurant with apartments and development space in Meadville.
      283 Chestnut St, Meadville, PA 16335
      View Details
    • $224,900
      Pending

      Meadville Mixed-Use Investment Opportunity

      Mixed-use property with office and apartments in prime location.
      307 Walnut St, Meadville, PA 16335
      View Details
    • New
      $179,900
      11,088 SF

      Meadville Commercial Building For Sale

      Two-story commercial building in downtown Meadville, near I-79.
      215-217 Arch St, Meadville, PA 16335
      View Details
    • $118,500
      Pending

      Meadville Duplex with Income Potential

      Solid duplex in Meadville, PA, with separate utilities and rental upside.
      1000-1002 Catherine St, Meadville, PA 16335
      View Details
    • $215,000
      Pending

      Remodeled Office Building on High-Traffic Street

      Remodeled two-story office building on a high-traffic street.
      295 Linden St, Meadville, PA 16335
      View Details
    • $175,000
      1,440 SF

      Meadville Fourplex Investment Opportunity

      Four furnished efficiency apartments in Meadville, generating $31,500 annual income.
      328 Wallace St, Meadville, PA 16335
      View Details

    FAQs

    What type of property is this?
    Office building - Property leased to United States Veterans Affairs with long term lease.
    Where is this office building located?
    The property is located at 11200 Perry Hwy Meadville, PA.
    What is the asking price?
    The asking price for this property is $4,674,000.
    What are key features of this property?
    This property features: - United States Veterans Affairs Long Term Lease; - One of the Highest Credit Rated Tenants in the World; - No Early Termination Options
    (216) 453-3082
    Request Owner's contact information
    11200 Perry Hwy Meadville, PA 16335
    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.
    11200 Perry Hwy
    Meadville, PA 16335
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    11200 Perry Hwy Meadville, PA 16335
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.