Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    116 Grandview Ave Zelienople, PA 16063-1131
    Back to Search
    Property profile & analytics

    116 Grandview Ave, Zelienople, PA 16063-1131

    View on Map
    • Investment properties
    • 2,185 SF
    • 0.20 lot acres
    Off-Market
    Property ID
    US73-1022817
    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

    • Grandview Dental / Dental Office
    • Dr. Christina Cowley / Dental Office

    Property Details for 116 Grandview Ave

    Year built
    1900
    Lot size
    0.20 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    550 S2 BK200000
    APU
    550S2BK200000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 24, 2025 — Korwin D King Korwin D King Deed · related —
    Jan 31, 2025 — Linda E King Korwin D King Deed · related —
    — — Korwin D King — Deed Of Trust · related $50k · Fidelity Bank Pasb

    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
    Zelienople
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.1362
    Latitude
    40.797
    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
    $2,532
    $4,000
    $11,070
    $15,070
    -
    $0.00
    $15,070
    $15,070

    Comparable in this City

    • Value Estimation by Request
      0.48 Acres

      516 Perry Way

      OFFICE/RESIDENTIAL (MIXED USE)
      516 Perry Way, Zelienople, PA 16063-1504
      View Details
    • Value Estimation by Request
      0.37 Acres

      116 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      116 Main St, Zelienople, PA 16063-1148
      View Details
    • Value Estimation by Request
      1,799 SF

      106 Division St

      OFFICE/RESIDENTIAL (MIXED USE)
      106 Division St, Zelienople, PA 16063-1207
      View Details
    • Value Estimation by Request
      1,456 SF

      139 Magill Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      139 Magill Rd, Zelienople, PA 16063-3423
      View Details
    • Value Estimation by Request
      4.98 Acres

      22073 Perry Hwy

      OFFICE/RESIDENTIAL (MIXED USE)
      22073 Perry Hwy, Zelienople, PA 16063-8721
      View Details
    • Value Estimation by Request
      0.22 Acres

      311 Pne St

      OFFICE/RESIDENTIAL (MIXED USE)
      311 Pne St, Zelienople, PA 16063-1821
      View Details

    Similar Nearby for Sale

    • $649,900
      Pending

      Hotel/Motel in Zelienople Boro

      Versatile property blending historic charm with business potential.
      310 E Grandview Ave, Zelienople, PA 16063
      View Details
    • $1,650,000
      5,000 SF

      Live-Work Opportunity on 16.2 Acres

      Commercial office building with residential home on 16.2 acres.
      339 Lindsay Rd, Jackson Twp, PA 16063
      View Details
    • $3,500,000

      Income-Producing Industrial Building on 5.5 Acres

      51,300 SF building with development potential near I-79.
      129 Mccarrell Ln, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Commercial Land with Varied Potential

      Commercial land suitable for car wash, retail, office, and more.
      22251 Perry Hwy, Zelienople, PA 16063
      View Details
    • $950,000

      Retail Development Opportunity on Highway

      Stand-alone retail location for sale on 0.57 acres.
      112 Perry Hwy, Zelienople, PA 16063
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,572 SF

      Adaptable Flex Space Available

      Customizable flex space for office or warehouse use.
      129 Mccarrell Ln, Zelienople, PA 16063
      View Details
    • Contact for pricing
      251,341 SF

      Zelienople Commercial Land - 5.77 Acres

      Prime Commercial Lot, I-79 Access
      135 Lindsay Rd, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Retail Strip Mall Opportunity

      Proposed retail strip mall development opportunity on Route 19.
      Route 19, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Land in Jackson’s Pointe Park

      Land for office, retail, distribution, flex, technology, manufacturing.
      206 Russell Rd, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Land in Jackson’s Pointe Park

      Land suitable for office, retail, distribution, flex, technology, manufacturing.
      22083 Perry Hwy, Zelienople, PA 16063
      View Details
    • Contact for pricing

      Commercial Land Near Zelienople

      Commercial land available for lease near Zelienople, Pennsylvania.
      500 Williams Dr, Zelienople, PA 16063
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    116 Grandview Ave
    Zelienople, PA 16063-1131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    116 Grandview Ave, Zelienople, PA, 16063
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!