103 3Rd St, Oil City, PA 16301
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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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.