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    Property profile & analytics

    802 Evans City Rd Renfrew, PA 16053

    • Retail space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-3070249
    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

    • Retail space

    Property Details for 802 Evans City Rd

    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional commercial property, located at 802 Evans City Rd in Renfrew, Pennsylvania, presents a unique investment opportunity. The 0.9-acre lot adjoins a corner lot at a signalized intersection, totaling 2 acres of land. This strategic location ensures high visibility and accessibility for potential businesses. The property is currently configured as a mixed-use space, suitable for a variety of commercial ventures, including convenience stores, quick-service restaurants (QSR), and storefronts. The absence of zoning restrictions offers significant flexibility for future development and adaptation to diverse business needs. The asking price for this property is $550,000. The property is owned by RANKIN. Its location in Butler County, Pennsylvania, zip code 16053 (latitude 40.8537273, longitude -79.9819613), places it within a thriving community with significant foot and vehicle traffic. The substantial land area and prime location make this property an ideal investment for entrepreneurs seeking a high-impact commercial presence. The property's versatility and strategic positioning offer significant potential for long-term growth and profitability. This is a rare opportunity to acquire a substantial commercial property in a desirable location with minimal zoning restrictions.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Renfrew
    County
    Butler
    State
    Pennsylvania
    Longitude
    -79.9819613
    Latitude
    40.8537273
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    802 Evans City Rd
    Renfrew, PA 16053
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    Realmo Value Estimation

    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.

    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.

    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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