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Property profile & analytics
OFF-MARKET
Investment properties

637 Rte 228 Mars, PA 16046-3027

528 SF 6.97 ac lot Built 1954
Entity Owned 4-yr Hold
Property ID
US73-1264817
Property summary
AI-generated overview

This exceptional 23,000 square foot single-tenant retail property is ideally situated at 637 Route 228 in Mars, Pennsylvania, within Butler County (zip code 16046). The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The property benefits from its location in a thriving commercial and residential area experiencing significant growth. The Route 228 corridor is experiencing robust development, fueled by proximity to Pittsburgh, a strong local economy, and excellent transportation links. This area is attracting businesses across various sectors, including retail, healthcare, and hospitality. Recent years have seen substantial investment in the Route 228 corridor, including new residential subdivisions and commercial developments such as shopping centers, restaurants, and office spaces. Further supporting this growth, the local government is actively investing in infrastructure improvements, such as road widening and utility upgrades. This property offers unparalleled potential for a business seeking a prominent location within a dynamic and expanding market. The property's size and location make it suitable for a wide range of retail uses.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1954
Total area 528 SF
Lot 6.97 ac (303,570 SF)
APN 010 3F66 400000
UPID US73-1264817
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
Value estimations
Realmo proprietary · 4 methods
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by Request
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Owner & transaction history
Rm Nelson Properties LLC · 4 yrs held
Rm Nelson Properties LLC
since 2022
Last sale
$100,000
5 recorded transactions
2025
Price N/A
2022
Price N/A
2021
Price N/A
2019
$100,000
2018
$250,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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