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    7112 Franklin Rd Cranberry Township, PA 16066
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    7112 Franklin Rd Cranberry Township, PA 16066

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    • Land
    For Sale
    $500,000
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    Land For Sale For Sale
    $500,000

    Land For Sale

    Land available for sale.

    7112 Franklin Road, Cranberry Township, PA 16066
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    Property ID
    US73-2182240
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7112 Franklin Rd

    Property type
    Land

    Description

    For Sale

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cranberry Township
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.074188
    Latitude
    40.6863339

    Comparable in this City

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      3.91 Acres Zoned SP-1

      3.91 acres of land zoned SP-1, all utilities available.
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      Two Acres Commercial Land Available

      Two acres of flat commercial land near Freedom Square Shopping.
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      2 Acre Level Commercial Lot

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      Franklin Road Land Opportunity

      5.8 acres of raw land near Washington Farms.
      7549 Franklin Rd, Cranberry Township, PA 16066
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      1.60 Acres

      Prime Cranberry Township Location

      1.6-acre lot with auto shop in high-traffic area.
      1331 Old Freedom Rd, Cranberry Twp, PA 16066
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    • $1,300,000

      Cranberry Township Land Parcel

      3.91 acres in Cranberry Township, zoned SP-1.
      9096-9108 Marshall Rd, Cranberry Twp, PA 16066
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    Similar Nearby for Sale

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      3.91 Acres Zoned SP-1

      3.91 acres of land zoned SP-1, all utilities available.
      9096 Marshall Rd, Cranberry Township, PA 16066
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    • $1,300,000

      Cranberry Township Land Parcel

      3.91 acres in Cranberry Township, zoned SP-1.
      9096-9108 Marshall Rd, Cranberry Twp, PA 16066
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    • $1,950,000
      1.60 Acres

      Prime Cranberry Township Location

      1.6-acre lot with auto shop in high-traffic area.
      1331 Old Freedom Rd, Cranberry Twp, PA 16066
      View Details
    • Contact for pricing

      Two Acres Commercial Land Available

      Two acres of flat commercial land near Freedom Square Shopping.
      1164 Freedom Rd, Cranberry Twp, PA 16066
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    • $600,000

      2 Acre Level Commercial Lot

      2 acre level lot suitable for retail or mixed-use development.
      1166 Freedom Rd, Cranberry Township, PA 16066
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    • $600,000

      Franklin Road Land Opportunity

      5.8 acres of raw land near Washington Farms.
      7549 Franklin Rd, Cranberry Township, PA 16066
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    Similar Nearby for Lease

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      Commercial Pad Site for Lease

      Pad site available for ground lease in Cranberry Commons.
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      Commercial Property for Lease

      Commercial property available for lease in Cranberry Township, PA.
      20400 Route 19, Cranberry Township, PA 16066
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      Retail Space in Cranberry Township

      Retail property in rapidly expanding Pittsburgh suburb with easy access.
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      2,077 SF

      Cranberry Township Office Space

      Office space available for lease in Cranberry Township, PA.
      8057 Rowan Rd, Cranberry Township, PA 16066
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      3,904 SF

      Retail Center Space Available

      Multi-tenant retail center with space available for lease.
      2040 Mackenzie Way, Cranberry Twp, PA 16066
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      Cranberry Township Office Space

      Office space available for rent in Cranberry Township, PA.
      600 Cranberry Woods Dr, Cranberry Township, PA 16066
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    7112 Franklin Rd
    Cranberry Township, PA 16066
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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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