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    2976 Rasselas Rd Wilcox, PA

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    For Sale
    $5,900,000

    330-acre property with producing oil wells and existing infrastructure.

    Lot size:
    330.00 Acres

    Property Features for 2976 Rasselas Rd

    General Information

    Lot size
    330.00 Acres

    Source: Whitetail Properties Real Estate LLC Agent Jack Brown

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

    Overview

    Producing Oil Well Land Parcel

    This 330-acre property features over 90 producing shallow oil wells. More than half of the land is cleared and accessible via 75 miles of internal roads. Existing infrastructure includes a hunting cabin, communications tower, and campground. The property is equipped with three-phase electricity, water wells, freshwater ponds, and septic systems. Natural gas provides heating for the existing buildings.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Wilcox
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7822222
    Latitude
    40.5413889

    Nearby Similar for Sale

    • $1,500,000
      45,000 SF

      Wilcox Industrial Facility For Sale

      45,000 SF industrial facility suitable for manufacturing and warehousing.
      479 Buena Vis Hwy, Wilcox, PA
      View Details
    • $72,000

      Wilcox Multifamily Property for Sale

      Multifamily property available in Wilcox, Pennsylvania.
      537 Marvin St, Wilcox, PA 15870
      View Details

    FAQs

    What type of property is this?
    Commercial land - 330-acre property with producing oil wells and existing infrastructure.
    Where is this commercial land located?
    The property is located at 2976 Rasselas Rd Wilcox, PA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - 90+ producing shallow oil wells; - 330-acre property with over half cleared; - 75 miles of internal roads for accessibility
    (724) 237-6308
    Request Owner's contact information
    2976 Rasselas Rd Wilcox, PA
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    Wilcox, PA
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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
    2976 Rasselas Rd Wilcox, PA
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