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Property profile & analytics
OFF-MARKET
Land

238 Tollgate Rd Somerset, PA 15501

4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-acre commercial land parcel in Somerset, Pennsylvania, presents a remarkable redevelopment opportunity. Strategically located at the entrance to the Pennsylvania Turnpike (I-76), experiencing approximately 23,000 vehicles per day, this property enjoys unparalleled visibility and accessibility. Its proximity to Route 601 (approximately 16,000 vehicles per day), a major thoroughfare connecting Somerset and Johnstown, further enhances its commercial potential. The site benefits from its convenient location near a variety of established retailers, including Starbucks, Arby's, McDonald's, Sheetz, and Advance Auto Parts, ensuring high consumer traffic and brand recognition. Zoned for commercial use, this property is ideally suited for a diverse range of developments, such as convenience stores, fueling stations, fast-food restaurants, hospitality ventures, or medical facilities. The asking price is $1,600,000. The address is 238 Tollgate Road, Somerset, PA 15501. This is a rare opportunity to acquire a high-traffic, strategically located commercial parcel in a thriving community. Don't miss this chance to capitalize on this prime investment property.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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