Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Grocery and convenience stores
400 Water St Kittanning, PA 16201-1718
Entity Owned
Free & Clear
Property ID
US73-1463835
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1990
Total area
4,332 SF
Lot
0.24 ac (10,258 SF)
Zoning code
BUSINESS
APN
21-0-014195
UPID
US73-1463835
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
Current use
Occupant on record · Public records
-
Enterprise Rent-A-Car Car Rental Facility
-
Domino's Pizza Take-out & Catering
-
Old House Of Hunan Restaurant
-
Puff Discount Tobacco (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Ag Group Real Estate LLC
Ag Group Real Estate LLC
since 2026
Last sale
$680,000
4 recorded transactions
Zoning & alternative use
BUSINESS · Kittanning, PA
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 Kittanning submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kittanning 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
Method
Estimation
Statistic approach
$685,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$805,000
7%
$750,000
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $680k (Nov 14 2023)
Last sale anchor
$680k
Nov 14 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$158 / SF
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
$9,590
Tax year 2024
Assessed value
$90,940
Assessed 2024
Previous assessed
$90,940
+0.0% YoY
Effective rate
10.55%
On assessed value
Assessed land
$49,510
Assessed improvement
$41,430
Land market value
$141,460
Improvement market value
$118,380
Total market value
$259,840
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
4,332 SF
Lot
0.24 ac (10,258 SF)
Zoning code
BUSINESS
APN
21-0-014195
UPID
US73-1463835
Jurisdiction
ARMSTRONG
Zoning & alternative use
BUSINESS · Kittanning, PA
Zoning BUSINESS · permitted uses
BUSINESS · Kittanning, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kittanning. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Ag Group Real Estate LLC
Entity
Free & Clear · 0 yrs held
Mailing address
400 S WATER ST, KITTANNING, PA 16201-1718
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Ag Group Real Estate LLC
Jody INC
Special Warranty Deed
—
Nov 14, 2023
$680,000
Ag Group Real Estate LLC
Jody INC
Special Warranty Deed
$544,000 · Somerset Trust Co
May 2, 2016
—
Jody INC
—
Deed
related
$149,900 · Farmers Nat'l Bk/emlenton
—
—
Jody INC
—
Deed Of Trust
related
$149,900 · Farmers Nat'l Bk/emlenton
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Water St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.