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Property profile & analytics

314-316 Clay Ave Jeannette, PA 15644

  • Commercial real estate
  • 10,000 SF
  • 0.11 lot acres
Value Estimation
Last Sale
Sep 14, 2021
$125,000
Location Intelligence
Property ID
US73-1473509
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 314-316 Clay Ave

Year built
1927
Lot size
0.11 lot acres
Property size
10,000 SF
Property type
Commercial real estate
APN
14-01-16-0-252
APU
1401160252

Description

This stunning 1927 landmark building, formerly the GC Murphy store, presents a unique opportunity for retail investors. Boasting 15,000 square feet of retail space spread across three levels, this property offers exceptional versatility. The building has been meticulously restored, showcasing its original architectural beauty. The main level features two sets of stairs providing convenient front and rear access to all floors. The upper level includes a complete en-suite bathroom, adding to the property's functionality. Modern updates include a completely overhauled electrical system, a new HVAC system, updated plumbing, and a state-of-the-art security alarm system. Situated on a 0.11-acre lot in the vibrant city of Jeannette, Pennsylvania, this property is ideally positioned for a variety of retail uses. Its prominent location and historical significance offer a compelling combination of character and commercial potential. The substantial square footage allows for diverse layouts and configurations, catering to a wide range of business needs. This is a rare chance to acquire a piece of Jeannette's history and establish a thriving retail presence in a well-established community. The property is priced at $249,900. Don't miss this exceptional investment opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $125,000
  • CAP approach

    CAP return
    Estimation
    6%
    $160,000
    6.5%
    $160,000
    7%
    $160,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $175,000
    Geo Method
    $155,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $190,000
    Retail
    $145,000
    Mixed-Use
    $145,000
    Hospitality
    $160,000
    Educational
    $190,000
    Residential Income
    $190,000
    Energy
    $170,000
    Income-Based Land
    $155,000
    Food Service
    $195,000

Location Insight

  • Map
  • Local Demand
City
Jeannette
County
Westmoreland
State
Pennsylvania
Longitude
-79.6176
Latitude
40.3269
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,825
$4,780
$13,670
$18,450
-
$4,780
$13,670
$18,450
More about this property
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