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    Property profile & analytics

    114 Old Furnace Rd Hopwood, PA 15445

    • Specialty properties
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US73-2023044
    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

    • Hopwood Volunteer Fire Department / Fire Station
    • Hopwood Social Hall / Event Venue

    Property Details for 114 Old Furnace Rd

    Lot size
    0.91 lot acres
    Property type
    Specialty properties
    APN
    34-38-0050
    APU
    34380050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $305,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $345,000
      Mixed-Use
      $350,000
      Hospitality
      $360,000
      Educational
      $340,000
      Residential Income
      $335,000
      Energy
      $390,000
      Income-Based Land
      $350,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Hopwood
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.7018
    Latitude
    39.8751
    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
    $3,951
    $16,715
    $125,755
    $142,470
    -
    $33,430
    $251,510
    $284,940

    Comparable in this City

    • Value Estimation
      $250,000
      11.50 Acres

      549 Hopwood Coolspring Rd

      CHARITABLE ORGANIZATION • 11.50 Acres
      549 Hopwood Coolspring Rd, Hopwood, PA 15445-2538
      View Details
    • Value Estimation by Request
      778 SF

      887 Jumonville Rd

      CHARITABLE ORGANIZATION • 778 SF
      887 Jumonville Rd, Hopwood, PA 15445-2442
      View Details
    • Value Estimation
      $280,000
      2.36 Acres

      123 Buttermilk Ln

      CHARITABLE ORGANIZATION • 2.36 Acres
      123 Buttermilk Ln, Hopwood, PA 15445
      View Details
    • Value Estimation
      $305,000
      0.77 Acres

      1189 National Pike

      FUNERAL HOME • 0.77 Acres
      1189 National Pike, Hopwood, PA 15445-2258
      View Details
    • Value Estimation by Request
      1,462 SF

      167 Junior St

      CHARITABLE ORGANIZATION • 1,462 SF
      167 Junior St, Hopwood, PA 15445-2010
      View Details
    • Value Estimation by Request
      0.44 Acres

      116 Hopwood Coolspring Rd

      CHARITABLE ORGANIZATION • 0.44 Acres
      116 Hopwood Coolspring Rd, Hopwood, PA 15445
      View Details
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    114 Old Furnace Rd
    Hopwood, PA 15445
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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