145 School Rd Mount Morris, PA 15349
This exceptional 14,716 square foot mixed-use property, located at 145 School Road in Mount Morris, Pennsylvania, presents a unique investment opportunity. Situated on a sprawling 11.43-acre lot, this single-story building, constructed in 1965 and extensively renovated in 2019, offers versatile potential. Previously utilized as an elementary school and later as a single-family residence, the property is currently planned for conversion into a 60-bed residential treatment facility. However, its adaptable layout, encompassing private offices, large gathering rooms, a commercial kitchen, and open garage space, allows for a variety of uses. The property's zoning is unconstrained, providing flexibility for future development. Its convenient location, just one mile from I-79 Exit 1, two miles from the West Virginia border, and ten miles from Ruby Memorial Hospital and West Virginia University Health Sciences Campus, enhances its appeal. The asking price is $2,400,000. This property is ideal for investors seeking a substantial, adaptable asset with significant redevelopment potential in a strategic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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