Property profile

22154 Pa-18 Conneautville, PA 16406

OFF-MARKET
Specialty properties
102,059 SF 27.9 ac lot Built 1954
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional redevelopment opportunity awaits with the former Conneaut Middle School, a 102,059 square foot, three-story building situated on a sprawling 27.9-acre lot in Conneautville, Pennsylvania. This special purpose property, located at 22154 PA-18, Crawford County, boasts a rich history and presents significant potential for adaptive reuse. The property includes two parcels (APN: 51-0-041307, 51-0-041306), ample parking (159 spaces), and multiple athletic fields, including a football stadium with field house and locker rooms, and two gymnasiums. Built in 1954 and renovated in 2004, the building features a boiler hot water heating system, Uni Vent heat, a security system, fire alarm, motion sensors, a backup generator, and Wi-Fi throughout. All rooms are ADA compliant, and asbestos remediation was completed in 2004. The property also includes an industrial kitchen and two loading docks with two dock-high doors. The asking price is $4,300,000, with occupancy available November 1, 2024. Low taxes and no zoning restrictions further enhance this compelling investment opportunity. The property's size and features make it ideal for a variety of adaptive reuse projects.

Property profile

Verified
Property type Specialty properties
Year built 1954
Total area 102,059 SF
Lot 27.9 ac (1,215,324 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22154 Pa-18 Conneautville, PA 16406
Conneautville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 22154 Pa-18?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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