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Property profile & analytics
FOR LEASE
Strip malls
10081 Ridge Rd Girard, PA 16417
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5987725
For Lease
1 / 4
$525,000
10081 Ridge Rd, Girard, PA 16417
View Listing →
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1953
Construction
WOOD
Total area
38,944 SF
Lot
5.79 ac (252,212 SF)
Zoning code
R2
APN
24-011-057.0-001.01
UPID
US73-5987725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advanced Rehabilitation Medical Clinic
-
Reese Plaza Business Service Center Corporate Office
-
C+C Archery & Outdoors (Bike/Boat/Book/etc) Store
-
City Mission Thrifty Shopper Discount Store
-
Michael Lariccia Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$525k
Owner & transaction history
1820 Plaza LLC · 4 yrs held
1820 Plaza LLC
since 2022
Last sale
$517,000
5 recorded transactions
Zoning & alternative use
R2 · Girard, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Girard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Girard submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$345,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Current use
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $517k (Feb 2 2022)
Last sale anchor
$517k
Feb 2 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$13 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,275
Tax year 2023
Assessed value
$415,300
Assessed 2024
Previous assessed
$415,300
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$104,500
Assessed improvement
$310,800
Land market value
$104,500
Improvement market value
$310,800
Total market value
$415,300
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1953
Construction
WOOD
Heating
NONE
Stories
4
Total area
38,944 SF
Lot
5.79 ac (252,212 SF)
Zoning code
R2
APN
24-011-057.0-001.01
UPID
US73-5987725
Jurisdiction
ERIE
Zoning & alternative use
R2 · Girard, PA
Zoning R2 · permitted uses
R2 · Girard, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Girard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$810,000
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
NONE
Stories
4
Lot
5.79 ac
Current owner
From public records · entity-resolved
1820 Plaza LLC
Entity
Mailing address
PO BOX 917, FAIRVIEW, PA 16415-0917
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
$517,000
1820 Plaza LLC
Wyecome USA LLC
Special Warranty Deed
$420,000 · Erie Bank
Dec 28, 2011
$400,000
Wyecome USA LLC
Cambridge Business Park II LLC
Warranty Deed
—
Feb 7, 2006
$425,000
Cambridge Business Park II LLC
Lechtner Associates
Warranty Deed
$300,000 · Manufacturers & Traders Trust Co
—
—
Cambridge Business Park II LLC
—
Deed Of Trust
related
$60,000 · Diane F Trageser
—
—
Cambridge Business Park II LLC
—
Deed Of Trust
related
$125,000 · James E Moore
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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