Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    313 Greeve St Conemaugh, PA 15909
    Back to Search
    Property profile & analytics

    313 Greeve St Conemaugh, PA 15909

    View on Map
    • Investment properties
    • 0.05 lot acres
    For Sale
    $10,000
    View Listing →
    Conemaugh Retail Building Auction For Sale
    $10,000

    Conemaugh Retail Building Auction

    Prime Commercial Space - Auction!

    Johnstown, PA 15909
    View Listing
    Property ID
    US73-1711982
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 313 Greeve St

    Year built
    1900
    Lot size
    0.05 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    022 016286
    APU
    22016286

    Description

    This exceptional commercial property, located at 313 Greeve Street in Conemaugh, Pennsylvania, presents a unique investment opportunity. Currently listed for auction with a minimum starting bid of just $10,000, this substantial brick building boasts a prominent storefront, ideal for a variety of retail ventures. The property sits on a conveniently sized 0.05-acre lot, offering ample space for both customer access and potential expansion. The building's substantial size (exact square footage to be determined) provides significant interior space, ready for customization to suit the needs of a new owner. The property's prime location within Conemaugh Borough ensures high visibility and accessibility for potential customers. This is a rare chance to acquire a well-situated commercial building at an incredibly attractive price point. The online auction will commence on Friday, January 10th, 2024, at 6:00 PM. Don't miss this opportunity to own a piece of Conemaugh's thriving commercial landscape. Serious inquiries are encouraged to participate in the upcoming auction. All interested parties are advised to conduct their own due diligence prior to bidding. The property is being offered "as is."

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conemaugh
    County
    Cambria
    State
    Pennsylvania
    Longitude
    -78.8847
    Latitude
    40.3463
    CBSA code
    27780
    CBSA name
    JOHNSTOWN, PA METROPOLITAN 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
    $870
    $1,220
    $6,460
    $7,680
    -
    $1,220
    $6,460
    $7,680

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      335 Greeve St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.03 Acres
      335 Greeve St, Conemaugh, PA 15909-1928
      View Details
    • Value Estimation by Request
      0.15 Acres

      53-55 Main

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      53-55 Main, Conemaugh, PA 15909
      View Details
    • Value Estimation by Request
      0.37 Acres

      116 Moshannon Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 0.37 Acres
      116 Moshannon Dr, Johnstown, PA 15909-3707
      View Details
    • Value Estimation by Request
      0.10 Acres

      360 1st St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.10 Acres
      360 1st St, Conemaugh, PA 15909-1942
      View Details
    • Value Estimation by Request
      0.07 Acres

      301 15th Greeve

      OFFICE/RESIDENTIAL (MIXED USE) • 0.07 Acres
      301 15th Greeve, Johnstown, PA 15909
      View Details
    • Value Estimation by Request
      6.80 Acres

      2824 William Penn Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6.80 Acres
      2824 William Penn Ave, Johnstown, PA 15909-3628
      View Details

    Similar Nearby for Sale

    • $498,820
      28.50 Acres

      Laurel Ridge Industrial Park Land

      Industrial land for sale in Laurel Ridge Business Park.
      2R Laurel Ridge Rd, Johnstown, PA 15909
      View Details
    • Contact for pricing
      0.77 Acres

      Residential Land in Conemaugh, PA

      0.77 acre lot in Conemaugh Valley School District.
      Hendrick Aly, Conemaugh, PA 15909
      View Details
    • $5,900,000
      48.46 Acres

      Prime Johnstown Industrial Site

      48-Acre Rail-Served Industrial Property
      1317 Main St, Johnstown, PA 15909
      View Details
    • $155,000
      1.00 Acre

      Johnstown Office Space For Sale

      Prime office space with ample parking and potential for expansion.
      2750 William Penn Ave, Johnstown, PA 15909
      View Details
    • $143,167
      8.18 Acres

      Johnstown, PA Commercial Land

      8.181 acre commercial land with utilities in Johnstown, PA
      5 Laurel Ridge Rd, Johnstown, PA 15909
      View Details
    • $30,000
      3.80 Acres

      Residential Land in Johnstown, PA

      3.8 acres of residentially zoned land in Cambria County.
      Parcel On Sheffield St, Johnstown, PA 15909
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    313 Greeve St
    Conemaugh, PA 15909
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    313 Greeve St, Conemaugh, PA, 15909
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!