Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    150 Alameda Rd Butler, PA 16001-2564
    Back to Search
    Property profile & analytics

    150 Alameda Rd, Butler, PA 16001-2564

    View on Map
    • Apartment buildings
    • 2.30 lot acres
    Off-Market
    Property ID
    US73-1011252
    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
    $520,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Byremor Court Apartments / Apartment Building
    • Marcella Sacco's Beauty Salon / Hair Salon / Nail Salon

    Property Details for 150 Alameda Rd

    Lot size
    2.30 lot acres
    Property type
    Apartment buildings
    APN
    056 12 C1A0000
    APU
    05612C1A0000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 14, 2014 — Lw Molnar & Associates LP L W Molnar & Associates Quit Claim Deed · related —
    Feb 15, 2012 — L W Molnar & Associates — Deed Of Trust · related $2.1M · Fidelity Bank Pasb

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $520,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Butler
    State
    Pennsylvania
    Longitude
    -79.9291
    Latitude
    40.8713
    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
    $39,906
    $43,200
    $230,400
    $273,600
    -
    $0.00
    $273,600
    $273,600

    Comparable in this City

    • Value Estimation by Request
      0.33 Acres

      325 Jefferson St

      APARTMENT HOUSE (5+ UNITS)
      325 Jefferson St, Butler, PA 16001-6924
      View Details
    • Value Estimation by Request

      415 Main St

      APARTMENT HOUSE (5+ UNITS)
      415 Main St, Butler, PA 16001-4316
      View Details
    • Value Estimation by Request

      200 Stoneridge Blvd, Unit 206

      APARTMENT HOUSE (5+ UNITS)
      200 Stoneridge Blvd, Butler, PA 16001-6686
      View Details
    • Value Estimation by Request
      5,212 SF

      344 Mckean St

      APARTMENT HOUSE (5+ UNITS)
      344 Mckean St, Butler, PA 16001-4956
      View Details
    • Value Estimation by Request
      1,977 SF

      410 Monroe St

      APARTMENT HOUSE (5+ UNITS)
      410 Monroe St, Butler, PA 16001-7006
      View Details
    • Value Estimation by Request
      0.60 Acres

      590 2nd St

      APARTMENT HOUSE (5+ UNITS)
      590 2nd St, Butler, PA 16001-4553
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Butler City Landmark with Potential

      Mixed-use property with showroom, garage, and residential building.
      412 S Main St, Butler, PA 16001
      View Details
    • $1,225,000
      1.48 Acres

      15-Unit Gem in Butler

      Historic 15-unit apartment buildings with renovation potential on 1.48 acres.
      700 S Main St, Butler, PA 16001
      View Details
    • $1,225,000

      Butler Multifamily Investment Opportunity

      15-unit property with expansion potential on 1.48 acres.
      700 South Main Street Ext, Butler, PA 16001
      View Details
    • $150,000

      Butler Duplex: Stable Income Property

      Fully occupied duplex in Butler, PA, generating reliable rental income.
      410 East Locust St, Butler, PA 16001
      View Details
    • Contact for pricing
      4,000 SF

      Versatile Commercial Building with Apartments

      Mixed-use property featuring showroom, office, and two apartment units.
      248 W Jefferson St, Butler, PA 16001
      View Details
    • $150,000

      Butler Quadplex Ready for Rebuild

      Four-unit property gutted to studs, ready for renovation.
      404 East Locust St, Butler, PA 16001
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Butler, PA

      Office suites for rent in the heart of Butler.
      106 South Main Street Ext, Butler, PA 16001
      View Details
    • Contact for pricing

      PA, Butler - S Main St

      Discover many ways to work your way in Irvine Center Drive
      220 1St St, Butler, PA 16001
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Greater Butler

      Retail space available in a busy shopping center.
      120-360 Greater Butler Mart, Butler, PA 16001
      View Details
    • Contact for pricing

      Retail Space in Butler Mart

      Retail space available in Greater Butler Mart, Butler, PA.
      Greater Butler Mart, Butler, PA 16001
      View Details
    • Contact for pricing

      Retail Space in Butler, PA

      Retail or free-standing building in charming Butler, PA.
      544 W Cunningham St, Butler, PA 16001
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Moraine Pointe

      Retail space available for lease in Butler, Pennsylvania.
      602 Moraine Pointe Plz, Butler, PA 16001
      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.
    150 Alameda Rd
    Butler, PA 16001-2564
    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
    150 Alameda Rd, Butler, PA, 16001
    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!