Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Clarion Commercial Land For Sale Title is generated by Realmo AI

    Greenville Pike lot 2, Clarion, PA 16214

    View on Map
    Claim this Listing
    For Sale
    $126,450

    LAND - Clarion, PA

    Lot size:
    2.81 Acres
    Added:
    Aug 29, 2019
    Days on Market:
    2459
    Last Refresh:
    May 22 at 3:06 pm

    Property Features for Greenville Pike lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    06-040-122-TBD
    Lot size
    2.81 Acres

    Taxes and HOA fees

    Tax Annual Amount
    62

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Michael Wise
    Michael Wise

    Listing agent Michael Wise

    Listing office Coldwell Banker BURNS & BURNS Clarion, PA

    Listing date Aug 29, 2019

    MLS# 153165 Listing URL

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

    HighLights

    • High‑visibility commercial parcel located along a corridor to I‑80 (Exit #64).
    • 2.81 acres of open, gently sloping vacant land.
    • No zoning restrictions in Clarion Township, offering vast commercial options.
    • Strategically located with heavy traffic flow.
    • Public water and sewer services available.
    • Potential for hospitality, service, manufacturing, retail, residential rental, or commercial rental.

    Overview

    This 2.81-acre parcel of open, gently sloping vacant land is located on Greenville Pike in Clarion Township, along the corridor to I-80 Exit #64. The property benefits from high visibility and heavy traffic. The absence of zoning in Clarion Township allows for a wide range of commercial options, including hospitality, service, manufacturing, retail, residential rental, or commercial rental. The property's strategic location and size offer potential for commercial ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Clarion
    County
    Clarion
    State
    Pennsylvania
    Longitude
    -79.3611679
    Latitude
    41.1893007

    Nearby Similar for Sale

    • $185,000
      1,794 SF

      Income-Generating Multi-Unit Property Near University

      Well-maintained multi-unit property near PennWest University.
      136 Greenville Avenue, Clarion, PA 16214
      View Details
    • $220,000
      1,415 SF

      Turnkey Multi-Family Near PennWest

      Versatile investment property near PennWest University and downtown Clarion.
      135 Grand Avenue, Clarion, PA 16214
      View Details
    • $145,000
      3,134 SF

      Clarion Multifamily Investment Opportunity

      Three-unit multifamily property in Clarion with strong rental history.
      629 South St, Clarion, PA 16214
      View Details
    • $749,900
      23,795 SF

      26-Unit Multifamily Investment Opportunity

      26 units, $202,800 annual income, 100% occupied.
      20 & 48 S 6th Avenue, Clarion, PA 16214
      View Details
    • $99,900

      2.5 Acre Building Lot

      2.5 acre building lot with utilities in Clarion, PA.
      . Leatherwood Drive, Clarion, PA 16214
      View Details
    • $49,900

      Commercial Land on Route 322

      Highly visible 0.95-acre commercial land parcel in Clarion, PA.
      15430 Route 322, Clarion, PA 16214
      View Details
    • $69,900

      Land with Clarion River Views

      4.51 acres with river views in Clarion Borough.
      Firemans Road, Clarion, PA 16214
      View Details
    • $3,500,000
      44,310 SF

      Clarion Multifamily Investment Opportunity

      70-unit apartment complex with high occupancy in Clarion, Pennsylvania.
      990 E Main St, Clarion, PA 16214
      View Details
    • $3,500,000
      44,310 SF

      Multi-Family Investment Opportunity in Clarion

      70-unit apartment complex with 92 parking spaces in Clarion.
      990 E Main St, Clarion, PA 16214
      View Details
    • $33,000

      Clarion PA Land For Sale

      1.37 acre lot near I-80 in Clarion, PA.
      Piney Road, Clarion, PA 16214
      View Details
    • $39,900

      Clarion, PA Vacant Land

      Vacant land suitable for small business or retail.
      16194 Route 322, Clarion, PA 16214
      View Details
    • $49,900

      Residential Lot in Clarion, PA

      Residential building lot in a quiet, desirable Clarion neighborhood.
      Waterworks Road lot: B, Clarion, PA 16214
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.81 acres of commercial land with high visibility.
    Where is this commercial land located?
    The property is located at Greenville Pike lot 2 Clarion, PA.
    What is the asking price?
    The asking price for this property is $126,450.
    What are key features of this property?
    This property features: High‑visibility commercial parcel located along a corridor to I‑80 (Exit #64).; 2.81 acres of open, gently sloping vacant land.; No zoning restrictions in Clarion Township, offering vast commercial options.
    (814) 319-8761
    We can help!
    Listing Contact
    Michael Wise
    Michael Wise
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Greenville Pike lot: 2, Clarion, PA 16214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!