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Financial
Distress signals
Property profile

1548 N Center Ave Somerset, PA 15501

FOR LEASE
Turn key restaurants
Property ID
US73-4145226
0.53 ac lot
Last sale Apr 2022 · $162,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1548 N Center Ave, Somerset, PA 15501 For Lease
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1548 N Center Ave, Somerset, PA 15501
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Property summary

AI-generated overview

The property is 0.528 acres of commercial land located as an outparcel within Somerset Commons Plaza, previously used as an ice cream stand. The site is designated for retail development and is suitable for an owner-user project. It has frontage along N Center Ave / State Route 601 at a traffic-light intersection on the area’s main retail corridor, providing access and exposure to a roadway recorded at 11,768 ADT.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$974
Tax billed · 2024
Assessed value$16k
Effective rate6.18%

Value estimate

· Oct 2026
$155k
$140k – $171k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy8.8
Garden Center8.8
Furniture Store8.7

Location

1548 N Center Ave Somerset, PA 15501
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1180 Ctr, Somerset, PA 15501-1626 $3,650,000 Jan 2025 No data
542 Berlin Plank, Somerset, PA 15501-2413 $139,900 Jun 2022 No data
2040 Ctr, Somerset, PA 15501-7436 $122,000 Aug 2021 No data
1222 Ctr, Somerset, PA 15501-1628 $1,100,000 Jul 2021 No data
Somerset, PA 15501 $375,000 Jan 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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