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    298 Pittsburgh Rd Butler, PA 16002

    For Sale
    Contact for pricing

    1.48 Acres, High Traffic, All Uses Allowed

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.48-acre commercial land parcel presents a remarkable opportunity for investors and developers. Located at 298 Pittsburgh Road in Butler, Pennsylvania, zip code 16002, this mostly level and cleared site boasts high traffic counts, ensuring excellent visibility and accessibility for any business. The property's zoning allows for a wide range of commercial uses, providing flexibility for diverse development plans. Situated in Penn Township, Butler County, this location offers convenient access to major roadways and a thriving community. A significant advantage is that sewer tap fees have already been paid, eliminating a substantial upfront cost and expediting the development process. The property's size and location make it ideal for a variety of commercial ventures, from retail establishments and restaurants to office buildings and light industrial facilities. With its strategic location and minimal site preparation needed, this land parcel represents a compelling investment opportunity with significant potential for future growth and profitability. The latitude and longitude coordinates are 40.8085772 and -79.9281133 respectively. This is a rare chance to acquire a ready-to-develop commercial property in a desirable Pennsylvania location.

    Property Features for 298 Pittsburgh Rd

    General Information

    Property type
    Land
    Lot Size
    64,469 SF

    HighLights

    • 1.48‑acre level, cleared lot.
    • High traffic volume.
    • Penn Township zoning allows for most uses.
    • Sewer tap fees are paid.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Bar & Pub Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Butler
    State
    Pennsylvania
    Longitude
    -79.9281133
    Latitude
    40.8085772

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    FAQs

    What type of property is this?
    Land - 1.48 Acres, High Traffic, All Uses Allowed
    Where is this land located?
    The property is located at 298 Pittsburgh Rd Butler, PA.
    What are key features of this property?
    This property features: 1.48-acre level, cleared lot.; High traffic volume.; Penn Township zoning allows for most uses.
    Request Owner's contact information
    298 Pittsburgh Rd Butler, PA 16002
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    Butler, PA 16002
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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
    298 Pittsburgh Rd Butler, PA 16002
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