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1815 Mercer Grv City Rd Mercer, PA 16137-6356

OFF-MARKET Commercial real estate Google Maps
21.33 ac lot
Individually Owned 5-yr Hold Free & Clear
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US73-5200693

Property summary

AI-generated overview

This exceptional 1,200 square foot commercial property, located at 1815 Mercer Grove City Road in Mercer, Pennsylvania (zip code 16137), presents a versatile opportunity for businesses seeking office, manufacturing, or warehouse space. Situated on a 0.4-acre lot in Findley Township, this single-tenant building boasts a strategic location between Grove City and Mercer, offering excellent visibility along Route 58. The property features a 9-foot ceiling height, a convenient 9' x 16' overhead door, and a restroom. Ample parking is available, catering to the needs of employees and clients. The zoning is B/Ind, allowing for a range of industrial uses. Daily traffic counts on Route 58 reached 4,494 in 2020, highlighting the high visibility and accessibility of this location. The entire 1,200 square feet is currently vacant and ready for immediate occupancy. Aerial images suggest a substantial parking area. This property is ideal for businesses seeking a flexible space with excellent access and high visibility in a thriving Mercer County location. The property's adaptable design makes it suitable for a variety of business types. Don't miss this chance to secure a prime commercial space in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 21.33 ac (929,135 SF)
APN 06 191 072
UPID US73-5200693

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2021
Last sale
$250,000
1 recorded transaction
2021
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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