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    17201 Pa-198 Saegertown, PA 16433

    For Sale
    $817,110

    Prime 23-Acre Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 23.346-acre commercial and industrial development site boasts high visibility on I-79 (Exit 154) in Saegertown, Pennsylvania. The property offers 382 feet of frontage along I-79, enjoying an average daily traffic count of 18,000 vehicles, and an additional 594 feet of frontage on State Route 198 with 3,800 average daily vehicles. Its strategic location provides easy access to major transportation routes, placing it just 7 miles from Meadville, 33 miles from Erie, and 95 miles from both Cleveland and Pittsburgh. The site comprises three parcels (Tax ID# 2808-006, 2808-004-1, & 2808-008-1) and is zoned C - Commercial District, allowing for a wide range of development possibilities, including hotels/motels, retail spaces, drive-thru restaurants, self-storage facilities, religious institutions, and light manufacturing. While private utilities are required, the high traffic volume and versatile zoning make this a compelling investment opportunity. Offered at $817,110 ($35,000/acre). The address is 17201 PA-198, Saegertown, PA 16433.

    Property Features for 17201 Pa-198

    General Information

    Property type
    Land
    Lot Size
    1,016,952 SF

    HighLights

    • 23.3‑acre highway development site.
    • 382 feet of I‑79 frontage at Exit 154 in Saegertown, PA.
    • 18,000 average daily traffic on I‑79.
    • 594 feet of State Route 198 frontage.
    • 3,800 average daily traffic on SR‑198.
    • Three combined parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Saegertown
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.197379371639
    Latitude
    41.717578373642

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    FAQs

    What type of property is this?
    Land - Prime 23-Acre Commercial Land
    Where is this land located?
    The property is located at 17201 Pa-198 Saegertown, PA.
    What is the asking price?
    The asking price for this property is $817,110.
    What are key features of this property?
    This property features: 23.3-acre highway development site.; 382 feet of I-79 frontage at Exit 154 in Saegertown, PA.; 18,000 average daily traffic on I-79.
    Request Owner's contact information
    17201 Pa-198 Saegertown, PA 16433
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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
    17201 Pa-198 Saegertown, PA 16433
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