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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Office buildings
500 Market St Kittanning, PA 16201-1429
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-1035156
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1858
Total area
61,978 SF
Lot
0.91 ac (39,640 SF)
Zoning code
PUBLIC
APN
21-0-014277
UPID
US73-1035156
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
-
Law Office of Stephanie J. McFadden Law Firm
-
Armstrong County Public Defender Law Firm
-
Armstrong County Courthouse County Government Office
-
Armstrong County Sheriff Sheriff'S Department
-
Armstrong County Probation Probation Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
County Of Armstrong · 3 yrs held
County Of Armstrong
since 2022
1 recorded transaction
Zoning & alternative use
PUBLIC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$22 / 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
$91,737
Tax year 2024
Assessed value
$869,960
Assessed 2024
Previous assessed
$869,960
+0.0% YoY
Effective rate
10.54%
On assessed value
Assessed land
$457,900
Assessed improvement
$412,060
Land market value
$1,308,290
Improvement market value
$1,177,310
Total market value
$2,485,600
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1858
Heating
NONE
Buildings
2
Stories
3
Total area
61,978 SF
Lot
0.91 ac (39,640 SF)
Zoning code
PUBLIC
APN
21-0-014277
UPID
US73-1035156
Jurisdiction
ARMSTRONG
Zoning & alternative use
PUBLIC · Kittanning, PA
Zoning PUBLIC · permitted uses
PUBLIC · 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
1858
Heating
NONE
Stories
3
Buildings
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
County Of Armstrong
Entity
Free & Clear · 3 yrs held
Mailing address
450 E MARKET ST, KITTANNING, PA 16201-1409
Ownership since
2022
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
Oct 3, 2022
—
County Of Armstrong
County Of Armstrong
Intrafamily Transfer
related
—
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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