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    Property profile & analytics

    1925 Old Rte 56th W Hwy Homer City, PA 15748-7731

    • Investment properties
    • 2,725 SF
    • 20.79 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US73-4815104
    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.

    Current Use by Public Records

    • Cherry Runn Lodge / Event Venue / Lodging

    Property Details for 1925 Old Rte 56th W Hwy

    Year built
    1930
    Lot size
    20.79 lot acres
    Property size
    2,725 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    12-011-109.01
    APU
    1201110901

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Homer City
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.1842
    Latitude
    40.5477
    CBSA code
    26860
    CBSA name
    INDIANA, PA MICROPOLITAN 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
    2023
    $5,202
    $73,100
    $151,200
    $224,300
    -
    $73,100
    $151,200
    $224,300

    Comparable in this City

    • Value Estimation by Request
      372 SF

      Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 372 SF
      Main St, Homer City, PA 15748
      View Details
    • Value Estimation by Request
      2,640 SF

      5581 Rte 259th Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,640 SF
      5581 Rte 259th Hwy, Homer City, PA 15748
      View Details
    • Value Estimation by Request
      1,150 SF

      9485 Rte 259th Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,150 SF
      9485 Rte 259th Hwy, Homer City, PA 15748-6706
      View Details
    • Value Estimation
      $235,000
      2,978 SF

      1 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,978 SF
      1 Main St, Homer City, PA 15748-1221
      View Details
    • Value Estimation
      $465,000
      1,832 SF

      5506 Camerons Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,832 SF
      5506 Camerons Rd, Homer City, PA 15748-4608
      View Details
    • Value Estimation
      $470,000
      2,316 SF

      46 Jewel Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,316 SF
      46 Jewel Rd, Homer City, PA 15748-9323
      View Details
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    1925 Old Rte 56th W Hwy
    Homer City, PA 15748-7731
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    Realmo Value Estimation

    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.

    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.

    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
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