Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    118 Acres Agricultural Land, Farmhouse Title is generated by Realmo AI

    2837 Mercer Butler Pike, Grove City, PA 16127

    View on Map
    Claim this Listing
    New
    For Sale
    $699,700

    Manicured agricultural land with farmhouse, barn, and garage.

    Type:Farm-Acreage-Lot / Farm With Residence
    Lot size:
    118.00 Acres
    Added:
    May 25, 2026
    Days on Market:
    7
    Last Refresh:
    May 27 at 7:58 am

    Property Features for 2837 Mercer Butler Pike

    General Information

    Standard status
    Active
    Lot size
    118.00 Acres
    Property subtype
    Farm-Acreage-Lot / Farm With Residence

    We can help!

    Listing Contact
    Will Smith

    Listing agent Will Smith License #AB068756

    Listing office SOUTHBOUND ENTERPRISES LLC

    Listing date May 25, 2026

    Source Compass

    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 SOUTHBOUND ENTERPRISES LLC

    HighLights

    • 118 +/- acres of land with mature timber and agricultural fields.
    • Farmhouse with metal roof and original features.
    • Excellent road frontage: almost 650 feet on Mercer Butler Pike and over 1900 feet on N Liberty Rd.
    • Rural Opportunity and Village zoning allows for many uses.
    • Includes barn and garage.
    • Convenient location: 5 miles from Grove City and close to Rt 79, Slippery Rock, and Moraine State Park.

    Overview

    The property features 118 +/- acres of manicured agricultural land, mature timber, a farmhouse with a metal roof, a barn, and a garage. Located in Liberty Township, Mercer County, it is situated approximately 5 miles from Grove City, at the corner of Mercer Butler Pike and N Liberty Rd. The property has almost 650 feet of frontage on Mercer Butler Pike and over 1900 feet of frontage on N Liberty Rd. It includes 50+ acres of woodlands and approximately 50 acres of field. The Rural Opportunity and Village zoning allows for various uses per township regulations. The property is located close to Rt 79, Slippery Rock, and Moraine State Park. It is suitable for family and entrepreneurial ventures.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Spa & Massage Center Hair Salon Nail Salon Electrical Service Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Grove City
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.09562
    Latitude
    41.09449

    Nearby Similar for Sale

    • $800,000

      47 Acres with Lake Access

      Expansive 47-acre parcel with lake access in Pine Twp, PA.
      0 Barkeyville Rd, Pine Twp, PA 16127
      View Details
    • $425,000

      Grove City Boro Office Building

      Professional building in the heart of Grove City Borough, Pennsylvania.
      432 Hillcrest AVe, Grove City Boro, PA 16127
      View Details
    • $149,900

      5.48 Acres Prime Commercial Land

      Commercial land with highway exposure near Grove City Outlet Mall.
      0 Hwy 258 Butler Pike, Springfield Twp, PA 16127
      View Details
    • $149,900

      5.48 Acre Commercial Land

      Prime location with highway and interstate exposure near Grove City.
      0 Hwy 258 Butler Pike, Springfield Twp, PA 16127
      View Details
    • $750,000

      Farmland in Expanding Commercial Corridor

      Farmland near commercial venues, close to I-79 and I-80.
      1955 Mercer Grove City Road, Grove City, PA 16127
      View Details
    • $425,000

      Grove City Office Building For Sale

      Office building in Grove City, close to downtown and amenities.
      432 Hillcrest Ave, Grove City, PA, 16127-1730
      View Details
    • $310,000

      Grove City Office Building For Sale

      Office building in Grove City, close to downtown and amenities.
      408 Hillcrest Ave, Grove City Boro, PA, 16127
      View Details
    • $195,000

      Triplex Investment Opportunity

      Well-maintained triplex with income potential in an established neighborhood.
      328 West Poplar Street, Grove City, PA 16127
      View Details
    • $850,000
      7,800 SF

      Former Rite Aid Retail Space

      7,800 SF retail property on 0.65 AC for sale.
      213 W Main St, Grove City, PA
      View Details

    FAQs

    What type of property is this?
    Farm - Manicured agricultural land with farmhouse, barn, and garage.
    Where is this farm located?
    The property is located at 2837 Mercer Butler Pike Grove City, PA.
    What is the asking price?
    The asking price for this property is $699,700.
    What are key features of this property?
    This property features: 118 +/- acres of land with mature timber and agricultural fields.; Farmhouse with metal roof and original features.; Excellent road frontage: almost 650 feet on Mercer Butler Pike and over 1900 feet on N Liberty Rd.
    (412) 327-7466
    We can help!
    Listing Contact
    Will Smith
    Real Estate License ID: AB068756
    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

    Thank You for Inquiry
    2837 Mercer Butler Pike, Grove City, PA 16127
    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!