0 Overlook Dr Somerset, PA 15501
This exceptional 0.55-acre commercial land parcel presents a unique opportunity in the desirable Somerset Borough, Pennsylvania. Located on Overlook Dr, (APN: Part of S41-045-024-01), this property is zoned for residential use, making it ideal for constructing a new home. The lot's size offers ample space for a substantial dwelling and landscaping. A significant advantage is the inclusion of a previously purchased sewer tap, eliminating a considerable expense and expediting the building process. This simplifies the development timeline and reduces upfront costs. The property is conveniently situated within Somerset Borough, offering proximity to local amenities, services, and transportation routes. This is a rare chance to acquire a build-ready lot in a sought-after location, combining convenience with the potential to create a custom-designed residence. The asking price is $49,000. The property's address is Overlook Dr, Somerset, PA 15501. This is a prime opportunity for those seeking to build in a desirable Somerset County neighborhood.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.