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    OFF-MARKET
    Commercial real estate

    16641 Route 119 Hwy, Rochester Mills, PA 15771

    128 ac lot Built 1900
    Property ID
    US73-4528280
    Property summary
    AI-generated overview

    This exceptional 128-acre Pennsylvania estate presents a unique investment opportunity. The property includes a charming four-bedroom, 1.75-bathroom renovated farmhouse with a detached garage. Extensive equestrian facilities are featured, including a large bank barn ideal for animal housing and storage situated near sixty acres of pastureland. A massive 250-foot indoor riding arena boasts ten box stalls, a tack room, feed room, washroom, office, restroom, and bleachers seating up to four hundred. A complete cafeteria and additional restrooms enhance event capabilities. Income potential is further enhanced by a 30x60 block building with an unfinished upstairs apartment suitable for various uses, and a leased steel building providing a steady rental income stream; details regarding a free gas allotment will be provided based on the existing lease. The land comprises sixty-five tillable acres, forty acres of pasture, and additional wooded acreage. Located at 16641 Rte 119 Hwy N, Rochester Mills, PA 15771, this multi-faceted property is zoned for mixed use and special purposes, offering significant potential for various agricultural and equestrian endeavors. The asking price is $1,200,000. Built in 1900, the property consists of four buildings. Currently vacant, this owner/user investment is ready for its next chapter.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    Lot 128 ac (5,575,680 SF)
    UPID US73-4528280
    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
    Current use
    Occupant on record · Public records
    • Midway Horse Auction Trade Show Venue (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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