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    7562-7590 Ridge Rd Fairview, PA 16415

    For Sale
    $500,000

    1.26 Acres, Prime Location, $500,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.26-acre commercial redevelopment opportunity is situated at the intersection of West Ridge Road and Maple Street in the heart of Fairview, Pennsylvania. The property, encompassing four parcels (APN 21-078-014.0-018.00, 019.00, 020.00 & 021.00), currently features multiple multi-family buildings, presenting a unique chance for significant revitalization. Located in Fairview Township, Erie County, this prime parcel offers multiple points of ingress and egress, enhancing accessibility and potential development options. The asking price for this expansive land holding is $500,000. The property's strategic location in downtown Fairview provides excellent visibility and convenient access to local amenities and transportation routes. This presents a compelling investment prospect for developers seeking a substantial project with high potential for return. The existing structures offer potential for adaptive reuse or demolition to make way for new construction, catering to a variety of development plans. Detailed property information and survey data are available upon request. Don't miss this chance to acquire a significant piece of Fairview's commercial landscape. The zip code is 16415.

    Property Features for 7562-7590 Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    54,886 SF

    HighLights

    • 1.26‑acre commercial redevelopment opportunity in Fairview, PA, at West Ridge Rd & Maple St intersection.
    • Four‑parcel site (APN 21‑078‑014.0‑018.00, 019.00, 020.00 & 021.00) with existing multi‑family buildings.
    • $500,000 asking price.
    • Prime downtown Fairview location with high visibility and convenient access to amenities and transportation.
    • Multiple points of ingress/egress enhance development options; adaptive reuse or new construction possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.2569685
    Latitude
    42.0305479

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    FAQs

    What type of property is this?
    Land - 1.26 Acres, Prime Location, $500,000
    Where is this land located?
    The property is located at 7562-7590 Ridge Rd Fairview, PA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 1.26-acre commercial redevelopment opportunity in Fairview, PA, at West Ridge Rd & Maple St intersection.; Four-parcel site (APN 21-078-014.0-018.00, 019.00, 020.00 & 021.00) with existing multi-family buildings.; $500,000 asking price.
    Request Owner's contact information
    7562-7590 Ridge Rd Fairview, PA 16415
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    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
    7562-7590 Ridge Rd Fairview, PA 16415
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