Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1011 Rd Titusville, PA 16354

    • Land
    • 10.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1011 Rd

    Lot size
    10.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 10-acre commercial ranch property in Titusville, Pennsylvania, presents a unique investment opportunity. Located at 1011 Rd 13, Venango County, PA 16354 (APN: 03, 008.-029G.-000), this land boasts a captivating rustic-elegant main residence featuring an open floor plan, three bedrooms, three bathrooms, and a spacious loft overlooking the living area. The home showcases distinctive design elements, including a live-edge bar and a canoe light fixture. A custom shower crafted from old slate tile complements the property's unique aesthetic. Outdoor amenities include over 90 feet of decking, partially covered, providing ample space for relaxation. A secondary cabin offers additional potential, awaiting completion. A large garage/shed provides substantial storage or workshop space. The property also features several trails leading to a nearby creek, enhancing its natural appeal. The land offers excellent wildlife habitat and is conveniently located near Pennsylvania State Game Lands. Underground utilities are in place, and the home includes features such as a wood-burning fireplace, wood floors, a 100-amp circuit breaker electrical system, and a storage shed. The property's main level bedroom adds to its convenience. This property is a rare find, combining commercial potential with the tranquility of a rural setting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Venango
    State
    Pennsylvania
    Longitude
    -79.6585
    Latitude
    41.6162

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      979 Tarr Rd

      Land • 10.00 Acres
      979 Tarr Rd, Titusville, PA 16354
      View Details
    • Value Estimation by Request

      417-419 Spg St

      COMMERCIAL (GENERAL)
      417-419 Spg St, Titusville, PA 16354
      View Details
    • Value Estimation by Request

      Spruce St

      COMMERCIAL (GENERAL)
      Spruce St, Titusville, PA 16354
      View Details
    • Value Estimation by Request
      1.50 Acres

      State Hwy 27

      COMMERCIAL (GENERAL) • 1.50 Acres
      State Hwy 27, Titusville, PA 16354
      View Details
    • Value Estimation by Request

      Washington St

      COMMERCIAL (GENERAL)
      Washington St, Titusville, PA 16354
      View Details
    • Value Estimation by Request

      Off S Franklin St Rr Off S

      COMMERCIAL (GENERAL)
      Off S Franklin St Rr Off S, Titusville, PA 16354
      View Details

    Similar Nearby for Sale

    • $179,900
      3,924 SF

      Titusville Commercial Building - 1.99 Acres

      Prime Titusville location, versatile commercial space.
      2521 Petroleum Center Rd, Titusville, PA 16354
      View Details
    • $199,900
      4,220 SF

      Titusville Commercial Building & Business

      Established Tire Business, High Traffic Location
      10524 Campbell Rd, Titusville, PA 16354
      View Details
    • $109,900
      4,320 SF

      Commercial Building with Residential Apartment

      Three-story commercial building with apartment and display area.
      227 West Spring St, Titusville, PA 16354
      View Details
    • $35,000
      1,190 SF

      Titusville Church Building For Sale

      Former church building with sanctuary, offices, and storage in Titusville.
      43289 Gilson Ridge Rd, Titusville, PA 16354
      View Details
    • $425,000
      17,116 SF

      Profitable Bowling and Entertainment Center

      Thriving bowling and entertainment center on 7.19 acres in Titusville.
      11712 Hydetown Rd, Titusville, PA 16354
      View Details
    • $85,000
      0.18 Acres

      Titusville Duplex For Sale

      Duplex in Titusville, part of a larger portfolio.
      601-603 S Franklin St, Titusville, PA 16354
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      23,398 SF

      Titusville Medical Office Plaza

      Large Medical Office Space Available in PA
      210 Perry St, Titusville, PA 16354
      View Details
    • $10 SF/Yr
      28,877 SF

      Titusville Retail Center Investment

      High-traffic retail space available
      324 Central Ave, Titusville, PA 16354
      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.
    1011 Rd
    Titusville, PA 16354
    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

    Google sign-in failed. Please try again or use another login method.