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    Kreider Rd Fairview, PA 16415

    For Sale
    $1,877,700

    37 Acres, R-1 Zoning, $1.8M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 37.554-acre parcel presents a unique opportunity for residential development in Fairview, Pennsylvania. Located at the end of Kreider Road in McKean Township, this property is zoned R-1, offering significant potential for various residential projects. The asking price is $1,877,700, translating to $50,000 per acre, reflecting the land's high value and desirable location. The seller may consider subdividing the land, subject to the approval of a comprehensive subdivision plan. Strategically situated west of the Sterrettania Business Park, this location offers a blend of tranquility and proximity to commercial amenities. It's important to note that public water and sewer services are not currently available on the property. Detailed site plans clearly identify this parcel as residentially zoned. This expansive acreage provides ample space for a variety of residential development options, making it an attractive investment for builders and developers seeking a prime location in Erie County. The property's address is Kreider Rd, Fairview, PA 16415. Buyers should conduct their own due diligence regarding utility access and subdivision regulations.

    Property Features for 0 Kreider Rd

    General Information

    Property type
    Land
    Lot Size
    1,635,852 SF

    HighLights

    • Residential land zoned R‑1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairview
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.2134539
    Latitude
    42.0181047

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    FAQs

    What type of property is this?
    Land - 37 Acres, R-1 Zoning, $1.8M
    Where is this land located?
    The property is located at Kreider Rd Fairview, PA.
    What is the asking price?
    The asking price for this property is $1,877,700.
    What are key features of this property?
    This property features: Residential land zoned R-1.; ;
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    Kreider Rd Fairview, PA 16415
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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
    Kreider Rd Fairview, PA 16415
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