Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    129 Grand Ave Mars, PA 16046-3410

    • Apartment buildings
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Mar 22, 2024
    $600,000
    Location Intelligence
    Property ID
    US73-3205607
    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

    • Apartment buildings

    Property Details for 129 Grand Ave

    Lot size
    0.16 lot acres
    Property type
    Apartment buildings
    APN
    450 S2 B110000
    APU
    450S2B110000

    Description

    This exceptional mixed-use property in Mars, Pennsylvania, presents a compelling investment opportunity. Located at 129 Grand Avenue, this two-story building boasts a prime corner lot on the main street, offering high visibility and accessibility. The main level features approximately 2,400 square feet of vacant commercial space, previously occupied by a pharmacy, now ready for a variety of businesses. Two separate street entrances enhance convenience and potential. A fully operational bakery occupies the rear of the ground floor. The basement provides ample storage and a powder room. Upstairs, two residential apartments generate additional income. One apartment includes two bedrooms, a full bath, and an updated kitchen; the other offers one-plus bedrooms, a full bath, a kitchen, and a bonus room. The property includes ten dedicated parking spaces, supplemented by adjacent public parking. All tenants maintain separate utility accounts. Roof access is available. This property benefits from its location in the thriving Mars Area School District, combining small-town charm with easy access to major highways. The building's 75% occupancy and stabilized investment status make it an attractive proposition. The asking price is $599,900. The total square footage ranges from 2,400 to 3,600 square feet. Low taxes further enhance the return on investment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $680,000
      6.5%
      $590,000
      7%
      $595,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $750,000
      Mixed-Use
      $705,000
      Hospitality
      $670,000
      Educational
      $545,000
      Residential Income
      $655,000
      Energy
      $540,000
      Income-Based Land
      $660,000
      Food Service
      $680,000

    Location Insight

    • Map
    • Local Demand
    City
    Mars
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.01
    Latitude
    40.6967
    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
    $4,557
    $5,550
    $27,720
    $33,270
    -
    $0.00
    $33,270
    $33,270

    Comparable in this City

    • Value Estimation by Request

      100 Jameson Way, Unit 118

      APARTMENT HOUSE (5+ UNITS)
      100 Jameson Way, Seven Fields, PA 16046-4322
      View Details
    • Value Estimation by Request
      1.86 Acres

      525 Beaver St Ext

      APARTMENT HOUSE (5+ UNITS) • 1.86 Acres
      525 Beaver St Ext, Mars, PA 16046-2419
      View Details
    • Value Estimation by Request

      Whitehaven Dr At Jameson Way

      APARTMENT HOUSE (5+ UNITS)
      Whitehaven Dr At Jameson Way, Seven Fields, PA 16046
      View Details
    • Value Estimation by Request

      210 Jameson Way

      APARTMENT HOUSE (5+ UNITS)
      210 Jameson Way, Seven Fields, PA 16046-4338
      View Details
    • Value Estimation
      $955,000

      213 Adams Pointe Blvd

      APARTMENT HOUSE (5+ UNITS)
      213 Adams Pointe Blvd, Mars, PA 16046-4657
      View Details
    • Value Estimation by Request
      1.35 Acres

      140 Grand Ave

      APARTMENT HOUSE (5+ UNITS) • 1.35 Acres
      140 Grand Ave, Mars, PA 16046-3453
      View Details

    Similar Nearby for Sale

    • $365,000

      Adams Pointe Townhouse with Amenities

      Three-bedroom townhouse in amenity-rich community, convenient location.
      2104 Pointe View Dr, Mars, PA 16046
      View Details
    • $3,950,000
      2.06 Acres

      Mars Office Building - Prime Location

      Three-story office building, 2.06 acres, great owner/user opportunity.
      518 Myoma Rd, Mars, PA 16046
      View Details
    • $1,700,000
      3.60 Acres

      Prime Mars Commercial Land

      3.6 Acres, High Visibility, Development Ready
      530 Route 228, Mars, PA 16046
      View Details
    • $1,700,000

      Commercial Land on Route 228

      Commercial land with frontage on Route 228 in Adams Township.
      530 Route 228, Mars, PA 16046
      View Details
    • $395,000
      0.80 Acres

      Mars Office Building: Prime Location

      Charming Mars Office, Ample Parking, 3000 SF
      195 Crowe Ave, Mars, PA 16046
      View Details
    • $2,950,000
      12,000 SF

      Mars, PA Office Building - $2.95M

      12,000 SF Office Building, Vacant, High-End Finishes
      150 Scharberry Ln, Mars, PA 16046
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      6,033 SF

      Seven Fields Office Space for Lease

      Flexible office solutions in Pennsylvania.
      300 Northpointe Cir, Seven Fields, PA 16046
      View Details
    • Contact for pricing
      44,000 SF

      Mars, PA Retail Center - Shoppes at Adams Ridge

      Prime Retail Space Available in Growing Mars, PA
      300 Adams Ridge Blvd, Mars, PA 16046
      View Details
    • Contact for pricing
      23,000 SF

      Mars Retail Center - 23,000 SF

      Prime Mars, PA retail space. High-growth area.
      637 Route 228, Mars, PA 16046
      View Details
    • Contact for pricing
      3,231 SF

      Class A Office Space Available

      Scenic office campus with Class A office spaces for rent.
      400 Northpointe Cir, Seven Fields, PA 16046
      View Details
    • Contact for pricing
      6,778 SF

      Class A Office Space Available

      Scenic office campus with Class A office spaces for rent.
      200 Northpointe Cir, Seven Fields, PA 16046
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space in Adams Shoppes

      Retail space available from 1,300 to 7,000 square feet.
      300-960 Adams Shoppes, Mars, PA 16046
      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.
    129 Grand Ave
    Mars, PA 16046-3410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.