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    Ellisburg Rd Genesee, PA 16923

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    Ellisburg Rd Genesee, PA 16923

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    • Land
    • 318.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ellisburg Rd

    Lot size
    318.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 318-acre property in Potter County, Pennsylvania, presents a unique investment opportunity. The land is comprised of three separate parcels, offering diverse recreational and potential timber harvesting uses. Parcel #1 encompasses 71.95 acres and is conveniently located on Ellisburg Road in Genesee Township. Parcel #2 adds 102 acres situated on Sartwell Creek Road in Pleasant Valley. Finally, Parcel #3 contributes 144 acres within Austin Borough. The combined acreage provides ample space for hunting, recreational activities, and potential timber management. The property's classification includes agricultural, hunting/recreational, and timber designations, reflecting its versatility. Timber and mineral rights are available, adding further value to this substantial landholding. Located in the scenic beauty of Potter County, often referred to as "God's Country," this property offers a tranquil escape while presenting significant investment potential. The asking price for this expansive landholding is $1,275,000. The property's address is Ellisburg Rd, Genesee, PA 16923. This is a rare opportunity to acquire a large, diverse tract of land in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Genesee
    County
    Potter
    State
    Pennsylvania
    Longitude
    -77.8838
    Latitude
    41.9663

    Comparable in this City

    • Value Estimation by Request
      71.95 Acres

      00 Ellisburg Rd

      Land • 71.95 Acres
      00 Ellisburg Rd, Genesee, PA 16923
      View Details
    • Value Estimation by Request
      0.13 Acres

      Main St

      VACANT COMMERCIAL LAND • 0.13 Acres
      Main St, Genesee, PA 16923
      View Details
    • Value Estimation
      $610,000
      5,500 SF

      406 Main St

      COMMERCIAL (GENERAL) • 5,500 SF
      406 Main St, Genesee, PA 16923-8806
      View Details
    • Value Estimation by Request
      1,440 SF

      259 Main St

      COMMERCIAL (GENERAL) • 1,440 SF
      259 Main St, Genesee, PA 16923-8917
      View Details
    • Value Estimation by Request
      2,560 SF

      286 Main St

      COMMERCIAL (GENERAL) • 2,560 SF
      286 Main St, Genesee, PA 16923-8900
      View Details
    • Value Estimation by Request
      2,700 SF

      104 Genesee St

      COMMERCIAL (GENERAL) • 2,700 SF
      104 Genesee St, Genesee, PA 16923
      View Details

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    Ellisburg Rd
    Genesee, PA 16923
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    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
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