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103 3Rd St Oil City, PA 16301

OFF-MARKET Land Google Maps
0.16 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US73-3323418

Property summary

AI-generated overview

This exceptional 0.16-acre commercial land parcel, located at 103 & 105 E 3rd St in Oil City, Pennsylvania (zip code 16301), presents a unique investment opportunity. Situated in Venango County, this property is zoned R-2 and offers significant potential for various commercial ventures. The APN is 16, 006.-099 + 100.-000. The asking price is $4,500. Prospective buyers should be aware that the property is currently vacant and that there are setback requirements for any new construction. Furthermore, connecting to the city's sewer and water laterals will incur a fee. This property is conveniently located on the east end of Oil City, offering easy access to local amenities and transportation routes. The latitude and longitude coordinates are 41.426359 and -79.708549 respectively. Given its size and zoning, this lot is well-suited for a variety of commercial developments, making it an attractive proposition for investors seeking a foothold in this vibrant Pennsylvania city. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile

Verified
Property type Land
Lot 0.16 ac (6,970 SF)
UPID US73-3323418

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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
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