17201 Pa-198 Saegertown, PA 16433
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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