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    Property profile & analytics

    835 Perry Hwy Mercer, PA 16137-3537

    • Commercial real estate
    • 11.35 lot acres
    OFF-MARKET
    Value Estimation
    $755,000
    Location Intelligence
    Property ID
    US73-5094815
    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

    • Rodeway Inn / Hotel
    • Margarita King Mexican Grill & Cantina / Mexican Restaurant

    Property Details for 835 Perry Hwy

    Lot size
    11.35 lot acres
    Property type
    Commercial real estate
    APN
    04 176 081 001 001
    APU
    4176081001001

    Description

    This exceptional 3.88-acre commercial lot presents a unique investment opportunity in Mercer County, Pennsylvania. Located at 835 Perry Highway in Mercer, zip code 16137, this newly subdivided parcel boasts a fee simple ownership and is ideally situated for a variety of commercial ventures. The property is zoned IDD, offering flexibility for development plans. With a total asking price of $220,000, the land value equates to $55,000 per acre, representing a compelling price point for this desirable location within East Lackawannock Township. The property's convenient access to Perry Highway ensures high visibility and accessibility for potential businesses. Detailed zoning information and development guidelines are readily available upon request. This prime commercial land offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers seeking a strategic foothold in a thriving Mercer County market. The precise latitude and longitude coordinates are 41.1962777, -80.2390583. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mercer
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.2388
    Latitude
    41.1957
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-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
    2023
    $18,758
    $43,800
    $156,500
    $200,300
    -
    $43,800
    $156,500
    $200,300

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    835 Perry Hwy
    Mercer, PA 16137-3537
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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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