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    Property profile & analytics

    2372 Cranberry Rockland Rd Cranberry, PA 16319

    • Parking lots & garages
    • 0.51 lot acres
    For Sale
    View listing
    $489,000
    Value Estimation
    Last Sale
    Jul 19, 2021
    $215,000
    Location Intelligence
    Property ID
    US73-3212811
    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

    • Parking lots & garages

    Property Details for 2372 Cranberry Rockland Rd

    Lot size
    0.51 lot acres
    Property type
    Parking lots & garages
    APN
    08,029.-017..-000
    APU
    8029017000

    Description

    This exceptional 0.51-acre commercial land parcel, located at 2372 Cranberry Rockland Rd in Cranberry, Pennsylvania (zip code 16319, APN 08, 029.-017..-000), presents a unique investment opportunity. Situated at a prime intersection in Venango County, this property boasts an average daily traffic count exceeding 15,000 vehicles. Previously developed, the existing structures have been removed, leaving a clean slate for new construction. The land is zoned for commercial use, offering flexibility for a variety of development projects. Public water and sewer services are readily available, along with high-speed internet and cable TV access. This high-visibility location ensures maximum exposure for any future business. The asking price is $489,000. Don't miss this chance to capitalize on this high-traffic location and build your dream commercial venture. This property is ready for immediate development.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $230,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $250,000
      Mixed-Use
      $230,000
      Hospitality
      $255,000
      Educational
      $210,000
      Residential Income
      $215,000
      Energy
      $185,000
      Income-Based Land
      $225,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Cranberry
    County
    Venango
    State
    Pennsylvania
    Longitude
    -79.7111
    Latitude
    41.3493
    CBSA code
    36340
    CBSA name
    OIL CITY, 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
    2024
    $1,825
    $77,150
    $0.00
    $77,150
    -
    $77,150
    $0.00
    $77,150

    Comparable in this City

    • Value Estimation
      $210,000
      0.34 Acres

      Us 322

      PARKING LOT • 0.34 Acres
      Us 322, Cranberry, PA 16319
      View Details
    • Value Estimation by Request

      644 Hepler Rd

      SERVICE STATION (FULL SERVICE)
      644 Hepler Rd, Cranberry, PA 16319-2806
      View Details
    • Value Estimation by Request

      9944 Us 322

      SERVICE STATION (FULL SERVICE)
      9944 Us 322, Cranberry, PA 16319-2730
      View Details
    • Value Estimation by Request
      1.97 Acres

      366 Rte 322

      AUTO REPAIR, GARAGE • 1.97 Acres
      366 Rte 322, Cranberry, PA 16319-1640
      View Details
    • Value Estimation by Request
      6.00 Acres

      9217 Us 322

      SERVICE STATION (FULL SERVICE) • 6.00 Acres
      9217 Us 322, Cranberry, PA 16319
      View Details
    • Value Estimation by Request
      1.00 Acre

      9225 Us 322

      SERVICE STATION (FULL SERVICE) • 1.00 Acre
      9225 Us 322, Cranberry, PA 16319-2827
      View Details

    Similar Nearby for Sale

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      17.93 Acres, High Traffic Area
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    • $489,000
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      Cranberry Commercial Land - $489K

      High-traffic commercial lot, ready to build.
      2372 Cranberry Rockland Rd, Cranberry, PA 16319
      View Details
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    2372 Cranberry Rockland Rd
    Cranberry, PA 16319
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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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