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Property profile & analytics
FOR SALE
Parking lots & garages
2372 Cranberry Rockland Rd, Cranberry, PA 16319
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-3212811
For Sale
1 / 5
$469,000
2372 Cranberry Rockland Rd, Cranberry, PA 16319
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.51 ac (22,216 SF)
APN
08,029.-017..-000
UPID
US73-3212811
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
Scott W Snow · 4 yrs held
Scott W Snow
since 2021
Last sale
$215,000
1 recorded transaction
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 Cranberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cranberry 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
$1,825
Tax year 2024
Assessed value
$77,150
Assessed 2024
Previous assessed
$417,480
-81.5% YoY
Effective rate
2.37%
On assessed value
Assessed land
$77,150
Land market value
$77,150
Total market value
$77,150
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Parking lots & garages
Use group
PARKING LOT
Status
For Sale
Heating
NONE
Lot
0.51 ac (22,216 SF)
APN
08,029.-017..-000
UPID
US73-3212811
Jurisdiction
VENANGO
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
0.51 ac
Current owner
From public records · entity-resolved
Scott W Snow
Individual
Mailing address
PO BOX 83, CRANBERRY, PA 16319-0083
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
$215,000
Scott W Snow
Edward A Kepp
Deed
$172,000 · First National Bank Of Pennsylvania
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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