Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7519 W Ridge Rd Fairview, PA 16415

    Sponsored
    For Sale
    $36,000

    COMMERCIAL - Fairview, PA

    Property size:
    36,246 SF
    Lot size:
    0.83 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 3 at 11:06 pm

    Property Features for 7519 W Ridge Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    21-080-025.0-007.01
    Size
    36,246 SF
    Lot size
    0.83 Acres

    Taxes and HOA fees

    Expense value
    10000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Alexandra Redlawsk

    Coldwell Banker Select, REALTORS (814) 452-2100

    Listing agent Alexandra Redlawsk (814) 823-7955 License #RS371955

    Listing date Mar 3, 2026

    MLS# 189827

    Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fairview Commercial Land for Lease

    This highly visible vacant land is available for lease in Downtown Fairview. The property is strategically located just west of the intersection of West Ridge Road (US Route 20) and Avonia Road (PA Route 98). The site benefits from frontage on three roads: US Route 20, Avonia Road, and Pfeffer Avenue. Positioned adjacent to Burger King, the site benefits from shared access, co-parking, and established curb cuts. The property offers connectivity to I-90. The lot size is 0.832 acres, which is equivalent to 36,246 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.255579
    Latitude
    42.030397

    Nearby Similar for Sale

    • $750,000
      10,178 SF

      Established Pet Kennel Business For Sale

      Profitable, versatile property with multiple revenue streams and flexible zoning.
      6001 Sterrettania Rd, Fairview, PA 16415
      View Details
    • $595,000
      1,820 SF

      Renovated Freestanding Commercial Building For Sale

      Freestanding commercial building renovated in 2024 with highway commercial zoning.
      7782 W Ridge Rd, Fairview, PA 16415
      View Details
    • $750,000
      10,178 SF

      Versatile Fairview Property with Kennel

      4.24 acre property with kennel, home, and retail.
      6001 Sterrettania Rd, Fairview, PA 16415
      View Details
    • $695,000
      1,820 SF

      Fairview Commercial Building For Sale

      1,820 SF Freestanding Building, Updated 2024
      7782 Ridge Rd, Fairview, PA 16415
      View Details
    • $695,000
      1,820 SF

      Fairview Commercial Building For Sale

      Prime Fairview location, renovated 1,820 sq ft building
      7782 Ridge Rd, Fairview, PA 16415
      View Details
    • $499,900

      Renovated Commercial Building on 1.1 Acres

      Freestanding commercial building on 1.1 acres, renovated in 2024.
      7782 W Ridge Rd, Fairview, PA 16415
      View Details

    FAQs

    What type of property is this?
    Commercial land - Highly visible vacant land in the heart of Downtown Fairview.
    Where is this commercial land located?
    The property is located at 7519 W Ridge Rd Fairview, PA.
    What is the asking price?
    The asking price for this property is $36,000.
    What are key features of this property?
    This property features: - High-visibility location in Downtown Fairview with frontage on three roads.; - Strategic location near the high-traffic intersection of West Ridge Road and Avonia Road.; - NNN lease available at $3,000/month ($36,000/year).
    (814) 823-7955
    Request Owner's contact information
    7519 W Ridge Rd Fairview, PA 16415
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7519 W Ridge Rd
    Fairview, PA 16415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7519 W Ridge Rd Fairview, PA 16415
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alexandra Redlawsk
    Real Estate License ID: RS371955
    (814) 823-7955 (814) 838-2299
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!