10081 Ridge Rd Girard, PA 16417
- Strip malls
- 38,944 SF
- 5.79 lot acres
Current Use by Public Records
- Advanced Rehabilitation / Physical Therapy Clinic / Osteopath
- Reese Plaza / Business Center
- C+C Archery & Outdoors / Archery Store / Archery Range
- City Mission Thrifty Shopper / Thrift Store
- Michael Lariccia / Physical Therapist
Property Details for 10081 Ridge Rd
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 5.79 lot acres
- Property size
- 38,944 SF
- Zone code
- R2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 24-011-057.0-001.01
- APU
- 24011057000101
Description
This exceptional 9,940-square-foot commercial property in Girard, Pennsylvania, is available for lease at $3,313 per month ($4/SF). Ideally situated at the corner of Route 20 and Route 18, this location boasts high visibility with 11,000 vehicles passing daily (VPD) and convenient access to I-90 (just two miles away). Currently undergoing renovations, the space features new foam ceiling insulation, updated lighting, and a refreshed facade. The property is classified as special purpose land with multiple tenants in the plaza. The entire 9,940 square feet is currently vacant and adaptable to various uses, including retail, showroom, office, or storage. The property includes 20 parking spaces. Net, Net, Net (NNN) costs are estimated at $0.29 per square foot for taxes and $0.15 per square foot for insurance. This prime commercial space presents a unique opportunity for businesses seeking a high-traffic location with modern amenities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $465,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $495,000
- Retail
- $510,000
- Mixed-Use
- $395,000
- Hospitality
- $460,000
- Educational
- $430,000
- Residential Income
- $380,000
- Energy
- $485,000
- Income-Based Land
- $440,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Girard
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.3365
- Latitude
- 41.9928
- CBSA code
- 21500
- CBSA name
- ERIE, PA METROPOLITAN STATISTICAL AREA