Property profile

6301 Ridge Rd Fairview, PA 16415

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 3.17-acre commercial land parcel presents a unique investment opportunity on West Ridge Road (State Route 20) in Erie County, Pennsylvania. Strategically located on the south side of West Ridge Road, between Millfair and Manchester Roads, this property benefits from its proximity to major retailers, including a Super Walmart located just one mile to the west. The high visibility location, directly east of Sneaky Pete's and across from the Kahkwa Club, ensures significant exposure to the substantial daily traffic volume of 17,000 vehicles. All public utilities are readily available, simplifying development plans. Currently, the property includes a rented single-family home and a detached garage; however, the primary value lies in the land itself, making it ideal for redevelopment or expansion. This prime commercial real estate offers unparalleled potential for a variety of businesses seeking a high-traffic, highly visible location in a thriving area. The property is also available for sale at $585,000, MLS#174050.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6301 Ridge Rd Fairview, PA 16415
Fairview metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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