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Property profile & analytics
FOR SALE
Gas stations
1611 Freeport Rd, Natrona Heights, PA 15065
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-2475186
For Sale
1 / 2
$550,000
1611 Freeport Rd, Natrona Heights, PA 15065
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Property summary
AI-generated overview
This exceptional 0.315-acre commercial lot in Natrona Heights, Pennsylvania, presents a unique investment opportunity. Located on Freeport Road, it boasts 105 feet of frontage, ensuring high visibility to over 17,000 vehicles daily. Its prime location is adjacent to a Dairy Queen and surrounded by established residential neighborhoods, providing consistent foot traffic and convenient access. Previously a gas station, the property has had its underground storage tanks removed. The flexible commercial zoning allows for diverse development options, including retail, restaurants, or office spaces. This property offers a strategic investment in a growing community with seamless connectivity to nearby areas and a strong local customer base. The asking price is $550,000. The Allegheny County property is zoned commercial and has a 15065 zip code.
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Lot
0.31 ac (13,703 SF)
APN
1519-K-34
UPID
US73-2475186
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shiv Petroleum INC · 3 yrs held
Shiv Petroleum INC
since 2023
Last sale
$40,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Natrona Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natrona Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,266
Tax year 2024
Assessed value
$293,600
Assessed 2024
Previous assessed
$293,600
+0.0% YoY
Effective rate
3.50%
On assessed value
Assessed land
$229,800
Assessed improvement
$63,800
Land market value
$229,800
Improvement market value
$63,800
Total market value
$293,600
Applied tax rate
916.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
GAS STATION
Status
For Sale
Heating
NONE
Lot
0.31 ac (13,703 SF)
APN
1519-K-34
UPID
US73-2475186
Jurisdiction
ALLEGHENY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Shiv Petroleum INC
Entity
Free & Clear · 3 yrs held
Mailing address
10020 EDGEWOOD CORPORATION, IRWIN, PA 15642
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2023
—
Shiv Petroleum INC
Ptp1 LLC
Sheriffs Deed
related
—
Jan 23, 2018
—
Ptp 1 LLC
—
Deed
related
$4,000 · Wall Garage LLC
Jul 12, 2012
$40,000
Ptp1 LLC
Prima Marketing LLC
Grant Deed
—
Jan 21, 1998
$70,000
Prima Marketing LLC
Pennzoil Products Co
Grant Deed
$5,652,000 · Enterprise Mortgage Acceptance
—
—
Ptp 1 LLC
—
Deed Of Trust
related
$4,000 · Wall Garage LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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