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    For Sale (33)

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    Residential Land in Hunter Ridge
    $46,900
    0.78 Acres

    Residential Land in Hunter Ridge

    Residential land with utilities in a quiet, established subdivision.

    10023 Reservoir Rd, Albion, PA 16401
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    Westlake Land for Custom Homes
    $235,000
    0.75 Acres

    Westlake Land for Custom Homes

    Land available for custom homes in Vuila Park Subdivision.

    2161 Vuila Ct, Westlake, OH 44145
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    Renovated Medical Office Near Hospital
    $448,155
    3,377 SF

    Renovated Medical Office Near Hospital

    Fully renovated medical office space near St. Vincent Hospital.

    2626 Sigsbee St, Erie, PA 16508
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    Erie Multifamily Investment Opportunity
    $169,900
    6,236 SF

    Erie Multifamily Investment Opportunity

    Solid brick quadplex with off-street parking and income potential.

    234 W 20Th St, Erie, PA 16502
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    Industrial Land with Road Frontage
    $300,000
    40.19 Acres

    Industrial Land with Road Frontage

    40+ acres of industrial-zoned land with frontage on two roads.

    8220 Wattsburg Road Ext, Erie, PA 16509
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    Erie, PA Land Opportunity
    $200,000
    4.66 Acres

    Erie, PA Land Opportunity

    4.66 acre land parcel suitable for multi-family housing.

    4638 Lake Pleasant Rd, Erie, PA 16504
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    Residential Land in Shenango Heights
    $52,000
    0.61 Acres

    Residential Land in Shenango Heights

    Residential land for sale in established Edinboro subdivision.

    Shenango Dr, Edinboro, PA 16412
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    Land Near Corridor H
    $300,000
    38.43 Acres

    Land Near Corridor H

    38.43 acres of land with field, woods, and views.

    38.43 Acres Howard Sions Rd, Moorefield, WV 26836
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    Land Near Potomac River Access
    $68,000
    0.06 Acres

    Land Near Potomac River Access

    Campground lot with Potomac River access and amenities.

    8 Ranger Rd, Falling Waters, WV 25419
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    Unrestricted Wooded Lot For Sale
    $169,500
    9.86 Acres

    Unrestricted Wooded Lot For Sale

    9.86 acre wooded lot, ideal for hunting, near Potomac River.

    Nestle Quarry Rd, Falling Waters, WV 25419
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    Residential Land in Hunter Ridge
    $65,500
    1.37 Acres

    Residential Land in Hunter Ridge

    Building lots in a quiet, wooded country setting.

    Winchester Dr, Albion, PA 16401
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    49-Acre Development Opportunity in Edinboro
    $867,000
    49.45 Acres

    49-Acre Development Opportunity in Edinboro

    49-acre parcel with development potential in Edinboro, Pennsylvania.

    6N And Fry Rd, Edinboro, PA 16412
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    113 Acres in Edinboro, PA
    $475,000
    113.00 Acres

    113 Acres in Edinboro, PA

    113 acres of farmland with mature woods and stream.

    Fry Rd, Edinboro, PA 16412
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    Westlake, OH Land Opportunity
    $240,000
    0.28 Acres

    Westlake, OH Land Opportunity

    Land available in Vuila Park Subdivision, Westlake, Ohio.

    2168 Vuila Ct, Westlake, OH 44145
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    Land Near Lake Erie
    $139,000
    0.22 Acres

    Land Near Lake Erie

    Vacant land suitable for residential or commercial development.

    E Lake Rd, Sheffield Lake, OH 44054
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    Westlake Land Opportunity
    $200,000
    0.38 Acres

    Westlake Land Opportunity

    Land available in new Westlake subdivision, near amenities.

    2187 Vuila Way, Westlake, OH 44145
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    Westlake Land in Vuila Park
    $245,000
    0.16 Acres

    Westlake Land in Vuila Park

    Land for custom home in Westlake, near Crocker Park.

    2160 Vuila Ct, Westlake, OH 44145
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    Olmsted Falls Wooded Homesite
    $125,000
    0.50 Acres

    Olmsted Falls Wooded Homesite

    Gorgeous wooded homesite in the heart of Olmsted Falls.

    River Rd, Olmsted Falls, OH 44138
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    Riverfront Lot with Private Dock
    $160,000
    0.12 Acres

    Riverfront Lot with Private Dock

    Riverfront lot with private dock, camper, and community amenities.

    42 Boo Boo Blvd, Falling Waters, WV 25419
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    9.59 Acres in Tuscan Ridge
    $250,000
    9.59 Acres

    9.59 Acres in Tuscan Ridge

    9.59 acres of wooded lots in Tuscan Ridge, Davis, WV.

    Off Tuscan Rdg Rd, Davis, WV 26260
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    Erie Two-Unit Residential Property
    $114,900
    1,656 SF

    Erie Two-Unit Residential Property

    Well-maintained two-unit property with long-term tenants and off-street parking.

    1314 E 35Th St, Erie, PA 16504
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    Erie, PA Development Land
    $399,900
    36.50 Acres

    Erie, PA Development Land

    36.5 acre development site with R-2 zoning and utilities.

    Boyer Rd, Erie, PA 16510
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    Vermilion Buildable Residential Lot
    Contact for pricing
    0.09 Acres

    Vermilion Buildable Residential Lot

    Vacant lot in Vermilion, OH, ideal for a house.

    1285 Claus Rd, Vermilion, OH 44089
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    Cranesville Land Parcel For Sale
    $169,000
    36.85 Acres

    Cranesville Land Parcel For Sale

    36-acre Cranesville, PA land parcel ideal for custom home.

    8574 Kinsey Rd, Cranesville, PA 16410
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    Falling Waters Land Parcel
    $299,900
    23.27 Acres

    Falling Waters Land Parcel

    23.27 acres in Falling Waters, WV, near I-81.

    Nestle Quarry Rd, Falling Waters, WV 25419
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    Westlake Land in Vuila Park
    $230,000
    0.32 Acres

    Westlake Land in Vuila Park

    Land for custom homes in Westlake, Ohio near Crocker Park.

    2169 Vuila Ct, Westlake, OH 44145
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    Residential Land in Hunter Ridge
    $68,900
    1.37 Acres

    Residential Land in Hunter Ridge

    Building lots in a quiet, wooded country setting.

    Winchester Dr, Albion, PA 16401
    View details
    Erie Land with Gas Well
    $134,000
    1.72 Acres

    Erie Land with Gas Well

    Residential lot with gas well near beaches and amenities.

    7509 E Lake Rd, Erie, PA 16511
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    Erie Industrial Land For Sale
    $300,000
    40.19 Acres

    Erie Industrial Land For Sale

    40+ acre wooded industrial land with frontage on two roads.

    8220 Wattsburg Road Ext, Erie, PA 16509
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    Land Near Downtown North East
    $68,900
    0.27 Acres

    Land Near Downtown North East

    Land for new construction in North East, Pennsylvania.

    1636 Freeport Rd, North East, PA 16428
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    High-Traffic Commercial Property in Erie
    $419,900
    4,480 SF

    High-Traffic Commercial Property in Erie

    Iconic commercial property with showroom and fenced yard in Erie.

    2142 E Lake Rd, Erie, PA 16511
    View details
    Unrestricted Wooded Lot For Sale
    $169,500

    Unrestricted Wooded Lot For Sale

    9.86 acre wooded lot near Potomac River.

    33 Nestle Quarry Rd, Falling Waters, WV 25419
    View details
    Versatile Commercial Property on 2.2 Acres
    $1,299,000

    Versatile Commercial Property on 2.2 Acres

    12,722 sq ft commercial space near I-81.

    61 N Eagle School Rd, Martinsburg, WV 25404
    View details

    For Lease (1)

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    Retail/Office Space in Cleveland, OH
    $1,200 / Mo
    4,722 SF

    Retail/Office Space in Cleveland, OH

    1,200 sq ft retail/office space in thriving West Park.

    12222 Lorain Ave, Cleveland, OH 44111
    View details

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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
    RE/MAX Real Estate Group
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