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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    406 Main St Uniontown, PA 15401-2868

    • Commercial land
    • 4.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3977469
    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

    • Commercial land

    Property Details for 406 Main St

    Lot size
    4.00 lot acres
    Property type
    Commercial land
    APN
    38-05-0001
    APU
    38050001

    Description

    This exceptional commercial and industrial land offering presents a unique investment opportunity in Uniontown, Pennsylvania. Encompassing approximately 5.3 acres of flat, buildable land, this property is ideally situated for immediate development. Its strategic location offers unparalleled access to major roadways, including convenient proximity to Route 119 and Business Route 40, with a nearby on-ramp to Route 119. The property's address is split between 406 W Main St and 11 Oakland Ave, both in Uniontown, PA 15401. This prime location ensures high visibility and easy accessibility for businesses of all sizes. Adding to its appeal is the inclusion of a 50-foot right of way, further enhancing its development potential. The property is zoned for commercial and industrial uses, making it suitable for a wide range of projects. This flat, expansive lot offers limitless possibilities for businesses seeking a prominent location in a thriving area. The asking price for this exceptional property is $1,200,000. Showings are by appointment only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Uniontown
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.7369
    Latitude
    39.9073
    CBSA code
    38300
    CBSA name
    PITTSBURGH, 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
    $0.00
    $84,240
    $0.00
    $84,240
    -
    $168,480
    $0.00
    $168,480

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      11 Oakland Ave

      VACANT COMMERCIAL LAND • 0.21 Acres
      11 Oakland Ave, Uniontown, PA 15401-2818
      View Details
    • Value Estimation by Request
      0.08 Acres

      Oliver Rd

      VACANT COMMERCIAL LAND • 0.08 Acres
      Oliver Rd, Uniontown, PA 15401
      View Details
    • Value Estimation by Request
      0.31 Acres

      Bouquet St

      VACANT COMMERCIAL LAND • 0.31 Acres
      Bouquet St, Uniontown, PA 15401
      View Details
    • Value Estimation by Request
      0.94 Acres

      Cherry Tree Ln

      VACANT COMMERCIAL LAND • 0.94 Acres
      Cherry Tree Ln, Uniontown, PA 15401
      View Details
    • Value Estimation by Request
      1.27 Acres

      17 Coal Lick Run

      VACANT COMMERCIAL LAND • 1.27 Acres
      17 Coal Lick Run, Uniontown, PA 15401-3205
      View Details
    • Value Estimation by Request
      30.98 Acres

      814 Collier Rd

      VACANT COMMERCIAL LAND • 30.98 Acres
      814 Collier Rd, Uniontown, PA 15401
      View Details

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    Similar Nearby for Lease

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      5,000 SF

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      View Details
    • $560,000
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      Uniontown Office Space for Rent

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    406 Main St
    Uniontown, PA 15401-2868
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    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
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