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Property profile & analytics
OFF-MARKET
Estimated value
$195,000
Specialty properties
11290 Lay Rd Edinboro, PA 16412-1046
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5790073
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1980
Construction
WOOD
Total area
1,154 SF
Lot
38.71 ac (1,686,208 SF)
Zoning code
A1
APN
45-006-011.0-007.00
UPID
US73-5790073
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$160k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$195k
Owner & transaction history
James Correll · 5 yrs held
James Correll
since 2020
Last sale
$190,000
7 recorded transactions
Zoning & alternative use
A1 · Edinboro, 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 Edinboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinboro 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
$195,000
ML approach
$160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$195k
Range $176k – $215k · ±10% · vs last sale $190k (Nov 4 2020)
Last sale anchor
$190k
Nov 4 2020
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
$169 / 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
$4,779
Tax year 2023
Assessed value
$222,800
Assessed 2024
Previous assessed
$222,800
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$85,900
Assessed improvement
$136,900
Land market value
$85,900
Improvement market value
$136,900
Total market value
$222,800
Applied tax rate
45.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,154 SF
Lot
38.71 ac (1,686,208 SF)
Zoning code
A1
APN
45-006-011.0-007.00
UPID
US73-5790073
Jurisdiction
ERIE
Zoning & alternative use
A1 · Edinboro, PAZoning A1 · permitted uses
A1 · Edinboro, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
38.71 ac
Current owner
From public records · entity-resolved
James Correll
Individual
Mailing address
11290 LAY RD, EDINBORO, PA 16412-1046
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
James Correll
—
Deed
related
$75,000 · The Andover Bank
Nov 4, 2020
$190,000
James Correll
Scott E Faulkner
Special Warranty Deed
$152,000 · The Andover Bank
Mar 3, 2015
$79,040
Gary H Decker
Faulkner Scott E & Amy M
Grant Deed
—
Mar 28, 2011
$265,000
Scott E Faulkner
Jackson,aldo R & Janice M
Grant Deed
—
Sep 24, 2007
$250,000
Aldo R Jackson
Ann F Heald
Deed
$200,000 · Agchoice Farm Credit Aca
Jan 10, 2006
—
Ann F Heald
Michael,david G & Kathy M
Grant Deed
related
—
—
—
Aldo R Jackson
—
Deed Of Trust
related
$165,000 · Pnc Bank
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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