Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    153 Pennsylvania Ave New Stanton, PA 15672
    Back to Search
    Property profile & analytics

    153 Pennsylvania Ave, New Stanton, PA 15672

    View on Map
    • Mobile home & RV parks
    • 155,978 SF
    • 3.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Starlite Mobile Homes / Campground & RV Park

    Property Details for 153 Pennsylvania Ave

    Lot size
    3.50 lot acres
    Property type
    Mobile home & RV parks
    Property subtype
    Mixed-use properties

    Description

    This exceptional investment opportunity presents a 3.5-acre, B-Class, mixed-use property located at 153 W Pennsylvania Ave, New Stanton, PA 15672. Currently operating as a mobile home park with 23 pads and 13 units (10 tenant-occupied, 3 vacant, owner-occupied), the property boasts 155,978 square feet and is zoned B-1. The asking price is $679,900 ($4.36/sq ft). The property enjoys a high-traffic location at the New Stanton exit off I-70, with over 75,000 vehicles passing daily. Its flat terrain and prime location near a newly opened Amazon warehouse (employing 600) make it ideal for redevelopment into various businesses, including a truck stop, car wash, gas station, or restaurant. The current annual gross income is $47,000. An adjacent 1.2-acre property is also available for purchase, expanding development potential. The property features three buildings, one story each, and has a 40% occupancy rate as of June 29, 2024. New Stanton boasts a growing population and a median income of $65,700, offering a promising market. The property's APN is 64-04-13-0-036, 037. Tenants are credit-rated. This is a 100% ownership opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Stanton
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.6114
    Latitude
    40.2151

    Comparable in this City

    • Value Estimation by Request
      1.04 Acres

      Stanton Vlg Pl

      COMMERCIAL (GENERAL)
      Stanton Vlg Pl, New Stanton, PA 15672
      View Details
    • Value Estimation by Request
      19.77 Acres

      Earnhart Dr

      INDUSTRIAL - VACANT LAND
      Earnhart Dr, New Stanton, PA 15672
      View Details
    • Value Estimation by Request
      0.89 Acres

      108 Main St

      COMMERCIAL (GENERAL)
      108 Main St, New Stanton, PA 15672
      View Details
    • Value Estimation by Request
      1.65 Acres

      85 Post Ave

      COMMERCIAL (GENERAL)
      85 Post Ave, New Stanton, PA 15672
      View Details
    • Value Estimation by Request
      0.30 Acres

      115 Stanton Dr

      COMMERCIAL (GENERAL)
      115 Stanton Dr, New Stanton, PA 15672
      View Details
    • Value Estimation by Request
      3.38 Acres

      1131 Thermo Vlg Rd

      COMMERCIAL (GENERAL)
      1131 Thermo Vlg Rd, New Stanton, PA 15672
      View Details

    Similar Nearby for Sale

    • $150,000
      0.95 Acres

      New Stanton Mixed-Use Opportunity

      Versatile property with residential or commercial potential on large lot.
      132 W Pennsylvania Ave, New Stanton, PA 15672
      View Details
    • $174,900
      0.60 Acres

      Commercially Zoned Building with Residence

      Commercial building with retail space and residential home.
      301 S Center Ave, New Stanton, PA 15672
      View Details
    • $400,000
      60.50 Acres

      60.5 Acres Development Opportunity

      Strategic development opportunity in Westmoreland County's growing corridor.
      Racetrack Rd, New Stanton, PA 15672
      View Details
    • $799,000
      6,598 SF

      Turn-Key Restaurant and Apartment

      Fully equipped restaurant, pizza shop, and apartment in New Stanton.
      110 N Center Ave, New Stanton, PA 15672
      View Details
    • Contact for pricing

      Commercial Lot in New Stanton

      3.164 acre B-1 zoned lot with high visibility.
      103 Suburban Ln, New Stanton, PA 15672
      View Details
    • $400,000
      60.50 Acres

      60.5 Acres Development Opportunity

      Strategic land for commercial, mixed-use, or residential development.
      Racetrack Rd, New Stanton, PA 15672
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Site For Rent

      1.07-acre commercial site with excellent exposure.
      104 East Byers Ave, New Stanton, PA 15672
      View Details
    • Contact for pricing

      Prime Commercial Site For Rent

      1.07-acre commercial site with excellent exposure.
      104 East Byers Ave, New Stanton, PA 15672
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    153 Pennsylvania Ave
    New Stanton, PA 15672
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    153 Pennsylvania Ave, New Stanton, PA, 15672
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!