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    1101 Harrison City Export Rd Jeannette, PA 15644
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    Property profile & analytics

    1101 Harrison City Export Rd, Jeannette, PA 15644

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    • Commercial real estate
    • 1.00 lot acres
    Off-Market
    Property ID
    US73-3926143
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1101 Harrison City Export Rd

    Lot size
    1.00 lot acres
    Property type
    Commercial real estate
    APN
    55-09-00-0-213

    Description

    This exceptional 1-acre commercial lot presents a remarkable investment opportunity in the thriving Jeannette, Pennsylvania market. Situated at the entrance to the bustling Penn Crossing shopping center, anchored by a Giant Eagle supermarket, this property boasts unparalleled visibility and accessibility. The lot, designated as LOT #1 at Penny Lane, is conveniently located at 1101 Harrison City Export Rd, Jeannette, PA 15644, and is zoned for commercial corridor use (cc). With approximately three-quarters of an acre available for development, this light lot pad offers significant potential for a variety of commercial ventures. All essential utilities are readily available at the street, simplifying the development process and minimizing upfront infrastructure costs. The property's prime location within a well-established shopping center ensures high foot traffic and strong consumer visibility, making it an ideal site for retail, restaurant, or service-oriented businesses. The Westmoreland County location provides easy access to major transportation routes, further enhancing its appeal to potential tenants and investors. The asking price for this exceptional property is $349,900. The APN is 55-09-00-0-213. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jeannette
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.6432704
    Latitude
    40.3684157

    Comparable in this City

    • Contact for pricing

      Commercial Lot in Penn Crossing

      Pad-ready 0.87 acre lot at shopping center entrance.
      1188 Harrison City Export Rd, Jeannette, PA 15644
      View Details
    • $1,300,000
      15.90 Acres

      Commercially Zoned Acreage with Income Streams

      15.9-acre commercially zoned property with income and redevelopment potential.
      2705 Radebaugh Rd, Jeannette, PA 15644
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      Commercial Land Near Shopping Center

      Commercial land parcel near Penn Crossing Shopping Center.
      1700 Penny Lane Dr, Jeannette, PA 15644
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      Commercial Land on Route 30

      Commercial land for sale with high traffic and road frontage.
      6424 State Route 30, Jeannette, PA 15644
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      Land at Lighted Intersection

      Commercial land for sale at a lighted intersection.
      1064 Harrison City Export Rd, Jeannette, PA 15644
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      0.06 Acres

      Vacant Lot in Jeannette, PA

      Vacant lot with tax exemption in a convenient location.
      8 Vale St, Jeannette, PA 15644
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lot in Penn Crossing

      Pad-ready 0.87 acre lot at shopping center entrance.
      1188 Harrison City Export Rd, Jeannette, PA 15644
      View Details
    • $1,300,000
      15.90 Acres

      Commercially Zoned Acreage with Income Streams

      15.9-acre commercially zoned property with income and redevelopment potential.
      2705 Radebaugh Rd, Jeannette, PA 15644
      View Details
    • Contact for pricing

      Commercial Land Near Shopping Center

      Commercial land parcel near Penn Crossing Shopping Center.
      1700 Penny Lane Dr, Jeannette, PA 15644
      View Details
    • Contact for pricing

      Commercial Land on Route 30

      Commercial land for sale with high traffic and road frontage.
      6424 State Route 30, Jeannette, PA 15644
      View Details
    • Contact for pricing

      Land at Lighted Intersection

      Commercial land for sale at a lighted intersection.
      1064 Harrison City Export Rd, Jeannette, PA 15644
      View Details
    • Contact for pricing
      0.06 Acres

      Vacant Lot in Jeannette, PA

      Vacant lot with tax exemption in a convenient location.
      8 Vale St, Jeannette, PA 15644
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      800 SF

      Retail Space in Penn Crossing

      Retail space available in a busy shopping center.
      2044 Penny Lane Dr, Jeannette, PA 15644
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      High-volume shopping center with national and local tenants.
      2000 Penny Lane Dr, Jeannette, PA 15644
      View Details
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    Jeannette, PA 15644
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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