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    Tollgate Rd Somerset, PA 15501

    Sponsored
    For Sale
    $300,000

    Prime Somerset location, 3 acres, commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3-acre commercial land parcel, located at 0 Tollgate Road in Somerset, Pennsylvania, presents a unique investment opportunity. Situated near PA Turnpike Exit 110, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The asking price for this strategically positioned land is $300,000. The property's APN is part of S42-007-093-00. Its prime location makes it suitable for development into a hotel, restaurant, or other commercial business. This offering represents a significant opportunity for investors seeking to capitalize on the growing commercial landscape in Somerset. Note that there is an additional 15 acres available for purchase at $100,000 per acre, totaling 18 acres should a larger development be desired. The property is classified as commercial land and is located in Somerset County, Pennsylvania, with a zip code of 15501. The coordinates are 40.0173422 latitude and -79.0842154 longitude. Serious inquiries are encouraged.

    Property Features for 0 Tollgate Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerset
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -79.0842154
    Latitude
    40.0173422

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    FAQs

    What type of property is this?
    Land - Prime Somerset location, 3 acres, commercial development.
    Where is this land located?
    The property is located at Tollgate Rd Somerset, PA.
    What is the asking price?
    The asking price for this property is $300,000.
    (814) 445-4748
    Request Owner's contact information
    Tollgate Rd Somerset, PA 15501
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    Somerset, PA 15501
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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
    Tollgate Rd Somerset, PA 15501
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