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    153 Pennsylvania Ave New Stanton, PA 15672

    Sponsored
    For Sale
    $679,900

    Prime PA location, high-traffic, redevelopment potential.

    Property size:
    155,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 3.5-acre, B-Class, mixed-use property located at 153 W Pennsylvania Ave, New Stanton, PA 15672. Currently operating as a mobile home park with 23 pads and 13 units (10 tenant-occupied, 3 vacant, owner-occupied), the property boasts 155,978 square feet and is zoned B-1. The asking price is $679,900 ($4.36/sq ft). The property enjoys a high-traffic location at the New Stanton exit off I-70, with over 75,000 vehicles passing daily. Its flat terrain and prime location near a newly opened Amazon warehouse (employing 600) make it ideal for redevelopment into various businesses, including a truck stop, car wash, gas station, or restaurant. The current annual gross income is $47,000. An adjacent 1.2-acre property is also available for purchase, expanding development potential. The property features three buildings, one story each, and has a 40% occupancy rate as of June 29, 2024. New Stanton boasts a growing population and a median income of $65,700, offering a promising market. The property's APN is 64-04-13-0-036, 037. Tenants are credit-rated. This is a 100% ownership opportunity.

    Property Features for 153 Pennsylvania Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    155,978 SF
    Class
    B
    Lot Size
    152,460 SF

    Building Details

    Buildings
    3
    Stories
    1
    Units
    12

    HighLights

    • 3.5‑acre mixed‑use property in New Stanton, PA, at 153 W Pennsylvania Ave.
    • Currently operating as a 23‑pad mobile home park with 10 tenant‑occupied units, generating $47,000 annual gross income.
    • High‑traffic location at I‑70 exit, with over 75,000 vehicles daily, near a new Amazon facility employing 600.
    • Zoned B‑1, offering redevelopment potential for various businesses (truck stop, car wash, etc.). Adjacent 1.2‑acre parcel available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Starlite Mobile Homes Mobile Home Park

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Stanton
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.6113654
    Latitude
    40.2150989

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    FAQs

    What type of property is this?
    Multifamily property - Prime PA location, high-traffic, redevelopment potential.
    Where is this multifamily property located?
    The property is located at 153 Pennsylvania Ave New Stanton, PA.
    What is the asking price?
    The asking price for this property is $679,900.
    What are key features of this property?
    This property features: 3.5-acre mixed-use property in New Stanton, PA, at 153 W Pennsylvania Ave.; Currently operating as a 23-pad mobile home park with 10 tenant-occupied units, generating $47,000 annual gross income.; High-traffic location at I-70 exit, with over 75,000 vehicles daily, near a new Amazon facility employing 600.
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    New Stanton, PA 15672
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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
    153 Pennsylvania Ave New Stanton, PA 15672
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