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    Versatile 14-Acre Commercial Opportunity Title is generated by Realmo AI

    33328 N MAIN Street, Townville, PA 16360

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    For Sale
    $399,900

    COMMERCIAL - Townville, PA

    Property size:
    30,000 SF
    Lot size:
    14.00 Acres
    Price / SF:
    $13/SF
    Added:
    Oct 18, 2025
    Days on Market:
    218
    Last Refresh:
    May 23 at 4:06 pm

    Property Features for 33328 N MAIN Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    6002-019-70004
    Size
    30,000 SF
    Lot size
    14.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3135
    Expense value
    5000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Gas (Cooling), Central Air
    Water source
    Private

    Building Details

    Building materials
    Brick

    We can help!

    Listing Contact
    Aubrey Steider

    Listing agent Aubrey Steider License #RS345415

    Listing office Howard Hanna BK Meadville 1103 Park Ave., MEADVILLE, PA

    Listing date Oct 18, 2025

    MLS# 188481

    Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 30,000 sq. ft. building ideal for professionals, investors, or multi‑tenant use.
    • 14 acres of land offer flexible layout for residential, commercial, or recreational uses.
    • Prime location between Meadville, Cambridge Springs, Titusville, & Erie.
    • Gas and electricity on‑site, including 3‑phase electric.
    • High ceilings and multiple rooms, including former auditorium and cafeteria spaces.
    • Heating is provided by gas forced air and hot water.

    Overview

    Located between Meadville, Cambridge Springs, Titusville, and Erie, this 14-acre property features a 30,000 sq. ft. building suitable for professionals, investors, or a multi-tenant industrial complex. The land's layout supports residential, commercial, or recreational uses without current zoning restrictions. Utilities available on-site include gas and electricity. The building, formerly an elementary school from the early 1900s, is a one and two-story structure with a brick exterior and ceramic block interior. It features high ceilings, multiple rooms including two large former auditorium and cafeteria spaces, and various restroom facilities. Heating is provided by both gas forced air and hot water, with central AC in some areas. The property also includes 3-phase electricity with numerous electrical boxes throughout. This unique property offers an investment opportunity in a private rural setting, suitable for diverse development projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pyramid Billiards (Bike/Boat/Book/etc) Store Abundant Life Christian ... Church Diamond Tool & Die Industrial Manufacturer Finish Line Machine Industrial Manufacturer

    Suggested Use

    Restaurant Auto Repair Shop Storage Facility Discount Store Daycare Center Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Townville
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -79.8827636
    Latitude
    41.6804219

    FAQs

    What type of property is this?
    Mixed-use property - 30,000 sq ft building on 14 acres in Townville, PA.
    Where is this mixed-use property located?
    The property is located at 33328 N MAIN Street Townville, PA.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: 30,000 sq. ft. building ideal for professionals, investors, or multi‑tenant use.; 14 acres of land offer flexible layout for residential, commercial, or recreational uses.; Prime location between Meadville, Cambridge Springs, Titusville, & Erie.
    (304) 376-8346
    We can help!
    Listing Contact
    Aubrey Steider
    Real Estate License ID: RS345415
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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.

    More about this property
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