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Property profile & analytics
OFF-MARKET
Commercial real estate

0000 State St Hermitage, PA 16148

1.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.05-acre parcel presents a remarkable development opportunity in the thriving Hermitage, PA market. Strategically located near the Hermitage Central Business District and the anticipated Town Center, this property boasts unparalleled accessibility and infrastructure. The land is completely level, eliminating costly site preparation and maximizing buildable area. Essential utilities are readily available, including public water and sewer connections, ensuring seamless construction and operational efficiency. Electric service, natural gas, high-speed internet, and fiber optic capabilities are all in place, catering to a wide range of potential developments. This prime location offers significant advantages for businesses seeking visibility and convenient access to the community's commercial heart. The proximity to the planned Town Center further enhances the long-term investment potential, promising increased foot traffic and economic growth. This is a rare chance to acquire a fully serviced, level lot in a rapidly developing area, ideal for a variety of commercial or mixed-use projects. The asking price of $199,000 represents exceptional value for a property with such desirable characteristics and location. Don't miss this opportunity to secure a piece of Hermitage's vibrant future.

Property profile
Verified
Property type Commercial real estate
Lot 1.05 ac (45,738 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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