Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Strip Mall Opportunity Title is generated by Realmo AI

    Rte 19, Zelienople, PA 16063

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Proposed retail strip mall development opportunity on Route 19.

    Type:Retail, Land, Restaurant
    Property size:
    12,500 SF
    Lot size:
    5.00 Acres
    Added:
    Jun 3, 2023
    Days on Market:
    1100
    Last Refresh:
    May 12 at 8:23 pm

    Property Features for Rte 19

    General Information

    Standard status
    Active
    Size
    12,500 SF
    Lot size
    5.00 Acres
    Property subtype
    Retail, Land, Restaurant

    Spaces For Lease

    at Rte 19 Contact us

    We can help!

    Listing Contact
    Rick Williams

    Listing agent Rick Williams License #RB043060 C

    Listing office Williams Woodlands

    Listing date Jun 3, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Williams Woodlands

    HighLights

    • Proposed 12,500 sq ft RETAIL Strip Mall Development Opportunity
    • High‑Growth Location with High Exposure on Route 19
    • High Traffic Volume: Over 17,000 Cars/Day
    • 5 Acre Level Parcel with 529 Feet of Frontage on Route 19
    • All Utilities Located Within Property
    • Proximity to Zelienople Historic District (1/4 Mile) and Cranberry Twp (6 Miles)

    Overview

    A proposed 12,500 square foot retail strip mall development opportunity is available along Route 19 North, situated just south of Zelienople, PA. This 5-acre level parcel offers high growth potential and exposure, with over 17,000 cars passing by daily. The property features 529 feet of frontage on Route 19 and all utilities are located within the property. It is located a quarter of a mile from the historic district of Zelienople, 6 miles from Cranberry Township, PA, and 25 minutes from the City of Pittsburgh.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Zelienople
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.1242
    Latitude
    40.7632

    Nearby Similar for Lease

    • $5 SF/Yr
      25,000 SF

      Zelienople Industrial Space Available

      Industrial space with cranes, dock door, and drive-in doors.
      719 W New Castle St, Zelienople, PA
      View Details
    • $7 SF/Yr
      15,430 SF

      Adaptable Flex Space Available

      Customizable flex space for office or warehouse use.
      129 McCarrell Ln, Zelienople, PA
      View Details
    • Contact for pricing

      Land in Jackson’s Pointe Park

      Land for office, retail, distribution, flex, technology, manufacturing.
      206 Russell Rd, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Land in Jackson’s Pointe Park

      Land suitable for office, retail, distribution, flex, technology, manufacturing.
      22083 Perry Hwy, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Commercial Land Near Zelienople

      Commercial land available for lease near Zelienople, Pennsylvania.
      500 Williams Dr, Zelienople, PA 16063
      View Details

    FAQs

    What type of property is this?
    Strip mall - Proposed retail strip mall development opportunity on Route 19.
    Where is this strip mall located?
    The property is located at Rte 19 Zelienople, PA.
    What are key features of this property?
    This property features: Proposed 12,500 sq ft RETAIL Strip Mall Development Opportunity; High‑Growth Location with **High Exposure on Route 19**; High Traffic Volume: Over 17,000 Cars/Day
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rick Williams
    Real Estate License ID: RB043060 C
    Learn More
    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
    Rte 19, Zelienople, PA 16063
    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!