238 Tollgate Rd Somerset, PA 15501
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.