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    Conemaugh Twp Personal Care Home Title is generated by Realmo AI

    170 Phillips St, Jerome, PA 15937

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    For Sale
    $525,000

    Other - Conemaugh Twp, PA

    Property size:
    24,710 SF
    Lot size:
    4.76 Acres
    Price / SF:
    $21/SF
    Added:
    Sep 3, 2025
    Days on Market:
    276
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 170 Phillips St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CT
    Parking
    29
    Standard status
    Active
    Size
    24,710 SF
    Lot size
    4.76 Acres

    Taxes and HOA fees

    Tax Annual Amount
    11694

    Building Details

    Year built
    1920
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Susan Gill
    Susan Gill

    Listing agent Susan Gill License #RM423921

    Listing office CENTURY 21 FAIRWAYS REAL ESTATE 1001 Route 30, Irwin, PA

    Listing date Sep 3, 2025

    MLS# 1719403 Listing URL

    Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 33 Units / 62 Beds: Substantial capacity for a personal care home facility.
    • 4.76 Acre Lot: Ample land provides potential for expansion or outdoor amenities.
    • 24,710 Sq Ft Facility: Large building suitable for a personal care home.
    • Commercial Kitchen: Equipped with walk‑in refrigerator/freezer and Ansul fire suppression.
    • ADA Compliant Bathrooms: Each unit has a three‑fixture bathroom with ADA shower.
    • Common Amenities: Includes living room, dining room, and hair salon.

    Overview

    Located in Conemaugh Twp, Somerset County, PA, this property features a non-operational 62-bed Personal Care Home within a 24,710 sq ft facility, situated on 4.76 acres. The building, updated in 1999, is fully sprinklered and includes baseboard heat and packaged A/C units. It comprises 33 units, consisting of 4 private and 29 semi-private rooms, with an average unit size of 360 sq ft. A fully serviced elevator is available. Each unit is equipped with a three-fixture bathroom, including an ADA-compliant shower. Common amenities include a living room, dining room, hair salon, and a commercial kitchen with a walk-in refrigerator, freezer, and an Ansul fire suppression system hood. The exterior provides outside sitting areas and a garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Spa & Massage Center Auto Repair Shop Hair Salon Gym & Fitness Center Nail Salon Storage Facility Bar & Pub Electrical Service Nursing Home (Bike/Boat/Book/etc) Store

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

    Similar Places Nearby

    • Country Manor Senior Care — 170 Phillips St, Jerome, PA 15937

    Location Insight

    • Map
    • Local Demand
    City
    Jerome
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -78.981182
    Latitude
    40.208711

    FAQs

    What type of property is this?
    Assisted living facility - 62-bed facility on 4.76 acres in Somerset County, PA.
    Where is this assisted living facility located?
    The property is located at 170 Phillips St Jerome, PA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 33 Units / 62 Beds: Substantial capacity for a personal care home facility.; 4.76 Acre Lot: Ample land provides potential for expansion or outdoor amenities.; 24,710 Sq Ft Facility: Large building suitable for a personal care home.
    (724) 864-5916
    We can help!
    Listing Contact
    Susan Gill
    Susan Gill
    Real Estate License ID: RM423921
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    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.

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