409 E Jamestown Rd Greenville, PA 16125
Property Lookup
Property profile & analytics
409 E Jamestown Rd Greenville, PA 16125
- Commercial real estate
- 3.46 lot acres
Property ID
US73-5077747
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.
Location Intelligence
Current Use by Public Records
- Greenville Veterinary Clinic / Veterinary Clinic
- Clark Tammy DVM / Veterinary Clinic
- Elchstadt Dean DVM / Veterinary Clinic
- Shine Holly DVM / Veterinary Clinic
Property Details for 409 E Jamestown Rd
- Lot size
- 3.46 lot acres
- Property type
- Commercial real estate
- APN
- 31 030 050
- APU
- 31030050
Description
This exceptional investment opportunity presents a fee-simple, Class A, 7,221 square foot medical office building in Greenville, Pennsylvania. Currently 100% occupied by VetCor, a national veterinary services operator with over 890 units across the US and Canada, the property boasts a strong 10-year Net Lease (NN) with 6 years remaining. The lease features a modified net structure with minimal landlord responsibilities, providing a passive income stream. The current rent is below market, offering significant upside potential upon lease renewal or future tenant acquisition. Annual rent bumps of 2% are built into the lease, providing inflation protection. The property consists of two buildings and is strategically located on E Jamestown Rd, offering easy access to Interstate 79 and proximity to major national retailers like Walmart and Tractor Supply Co. The $739,691 asking price reflects an attractive 8.90% cap rate, based on a current Net Operating Income (NOI) of $65,865. The lease includes two 5-year renewal options, further enhancing the long-term stability of this investment. The veterinary industry's robust growth and the property's inherent resilience to economic downturns make this a compelling opportunity for investors seeking a stable, high-yield asset. The property's location provides convenient access to the surrounding market and benefits from its position along a major transportation route.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Mercer
- State
- Pennsylvania
- Longitude
- -80.3958
- Latitude
- 41.4378
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-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
2023
$10,557
$2,700
$100,650
$103,350
-
$2,700
$100,650
$103,350
