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Property profile & analytics

701 Clearfield Rd Fenelton, PA 16034-8709

  • Commercial real estate
  • 2.74 lot acres
OFF-MARKET
Value Estimation
$1,675,000
Last Sale
Jun 30, 2021
$1,653,616
Location Intelligence
Property ID
US73-5468679
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

  • Dollar General / Dollar Store / Candy Store

Property Details for 701 Clearfield Rd

Lot size
2.74 lot acres
Property type
Commercial real estate
APN
090 1F67 29P0000
APU
0901F6729P0000

Description

This exceptional investment opportunity presents a 9,100 square foot Dollar General store located at 701 Clearfield Rd, Fenelton, PA 16034. Built in 2021, the property boasts a strong 7.15% cap rate and a substantial net operating income (NOI) of $107,484. The absolute NNN lease with a corporate guarantee provides zero landlord responsibilities, ensuring a passive income stream. With over 11.4 years remaining on the primary lease term and three 5-year renewal options, this investment offers significant long-term stability. The property benefits from a prime location on Route 422, experiencing over 11,400 vehicles per day. Dollar General, a recession-resistant tenant with a BBB credit rating, enjoys a strong market position with no direct competition within a five-mile radius. The surrounding area demonstrates robust demographics, including an average household income of $76,751 within a two-mile radius and an estimated population of 8,074 within a five-mile radius. The asking price is $1,503,286, translating to $165.20 per square foot. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a proven tenant and significant upside potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,670,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,700,000
    6.5%
    $1,595,000
    7%
    $1,650,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,665,000
    Geo Method
    $1,845,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,390,000
    Retail
    $1,655,000
    Mixed-Use
    $1,465,000
    Hospitality
    $1,815,000
    Educational
    $1,795,000
    Residential Income
    $1,650,000
    Energy
    $1,385,000
    Income-Based Land
    $1,375,000
    Food Service
    $1,760,000

Location Insight

  • Map
  • Local Demand
City
Fenelton
County
Butler
State
Pennsylvania
Longitude
-79.7377
Latitude
40.8471
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
$11,965
$2,250
$85,050
$87,300
-
$0.00
$87,300
$87,300
More about this property
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