Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1554 N Center Avenue Somerset, PA 15501

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.525 acre site currently used as miniature golf course.

    Type:Land
    Lot size:
    0.53 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    67
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 1554 N Center Avenue

    General Information

    Standard status
    Active
    Lot size
    0.53 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Andreas Kamouyerou
    Andreas Kamouyerou

    Listing agent Andreas Kamouyerou License #PA RS340004

    Listing office SVN | Three Rivers Commercial Advisors

    Listing date Jan 29, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors

    Overview

    Miniature Golf Course Land For Sale

    The property at 1554 N Center Avenue in Somerset, PA, is available for sale or lease. It consists of a 0.525-acre site currently used as a miniature golf course. An adjacent 0.528-acre vacant lot is also available for sale. The property is located in Somerset, PA.
    Location Intelligence

    Current Use by Public Records

    Jake's Mini Golf Golf Course

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -79.074812
    Latitude
    40.034406

    Nearby Similar for Sale

    • $250,000

      Commercial Property on 1.3 Acres

      Spacious commercial property with office, warehouse, and detached buildings.
      702 Kimberly Avenue, Somerset, PA 15501
      View Details
    • $250,000

      Commercial Property on 1.3 Acres

      Spacious commercial property with office, warehouse, and detached buildings.
      702 S Kimberly Ave, Somerset Twp, PA 15501
      View Details
    • $295,000

      Renovated Fourplex Ready For Occupancy

      Completely renovated four-unit apartment building in Somerset Boro, Pennsylvania.
      537 N Edgewood Ave, Somerset Boro, PA 15501
      View Details
    • $1,282,500

      Well-Maintained Office Building For Sale

      7500 SF office building with newer roof and HVAC.
      142 Sagamore Street, Somerset Boro, PA 15501
      View Details
    • $225,000

      Somerset Commercial Building with Apartment

      Commercial building with renovated apartment and parking in Somerset, PA.
      398 W Patriot St, Somerset, PA 15501
      View Details
    • $450,000

      Somerset Commercial Development Opportunity

      10.9-acre commercial development opportunity in Somerset, PA.
      100 Burgess St, Somerset Boro, PA 15501
      View Details
    • $450,000

      Somerset Commercial Development Opportunity

      10.9-acre commercial land with redevelopment potential in Somerset, PA.
      100 Burgess St, Somerset, PA 15501
      View Details
    • $450,000

      Somerset Commercial Development Opportunity

      10.9 acres in Somerset Boro with highway access.
      100 Burgess St, Somerset Boro, PA 15501
      View Details
    • $350,000

      Commercial Property with Garage Facilities

      Unique commercial property ideal for various business ventures.
      1963 New Centerville Rd, Somerset, PA
      View Details
    • $866,900
      5,576 SF

      Established Laundromat Business and Building

      Turnkey laundromat business and building for sale in Somerset.
      130 Plank Rd, Somerset, PA 15501
      View Details
    • $15,000

      Residential Land in Somerset Borough

      Vacant lot in a quiet, no-outlet Somerset location.
      Garrett Street, Somerset, PA 15501
      View Details
    • $475,000
      400 SF

      Retail

      1548-1554 N Center Ave, Somerset, PA 15501
      View Details

    FAQs

    What type of property is this?
    Recreation land - 0.525 acre site currently used as miniature golf course.
    Where is this recreation land located?
    The property is located at 1554 N Center Avenue Somerset, PA.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 0. 525 acre site available for sale or lease.; Located at 1554 N Center Avenue, Somerset, PA.; Currently operating as a miniature golf course.
    (724) 825-0888 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Andreas Kamouyerou
    Andreas Kamouyerou
    Real Estate License ID: PA RS340004
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!