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    OFF-MARKET
    Commercial real estate

    103 3Rd St, Oil City, PA 16301

    0.16 ac lot
    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 Commercial real estate
    Lot 0.16 ac (6,970 SF)
    APN 16, 006.-099 + 100.-000
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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