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Property profile & analytics
OFF-MARKET
Commercial real estate
204 Darrow Rd Edinboro, PA 16412-2602
Individually Owned
Free & Clear
Property ID
US73-1681329
Property summary
AI-generated overview
This exceptional 0.24-acre commercial property located at 204 Darrow Road, Edinboro, PA presents a unique investment opportunity. The property boasts a substantial 10,450 square feet of land and is zoned R-4, allowing for multi-family development. This zoning designation opens up a wide range of possibilities for the discerning investor, from constructing a multi-unit residential building to exploring other compatible commercial ventures. The property's location in Edinboro offers convenient access to local amenities and services, making it an attractive proposition for both residential and commercial development. This is a rare chance to acquire a sizable parcel of land in a desirable location, ready for immediate development or future investment. The property is also available in combination with three other lots (MLS#178433), providing an even more significant land acquisition opportunity for those seeking a larger-scale project. Don't miss this chance to secure this prime Edinboro real estate. The asking price is $40,000. Serious inquiries only.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.24 ac (10,450 SF)
Zoning code
R4
APN
11-017-050.0-014.00
UPID
US73-1681329
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clark William
Clark William
since 2026
Last sale
$260,000
4 recorded transactions
Zoning & alternative use
R4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$783
Tax year 2023
Assessed value
$31,400
Assessed 2024
Previous assessed
$31,400
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$31,400
Land market value
$31,400
Total market value
$31,400
Applied tax rate
11.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.24 ac (10,450 SF)
Zoning code
R4
APN
11-017-050.0-014.00
UPID
US73-1681329
Jurisdiction
ERIE
Zoning & alternative use
R4 · Edinboro, PAZoning R4 · permitted uses
R4 · 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
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Clark William
Individual
Free & Clear · 0 yrs held
Mailing address
2601 W 26TH ST, ERIE, PA 16506-3063
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
$27,500
Clark William
Chestnut Chicago Holdings LLC
Special Warranty Deed
—
Jan 5, 2024
$260,000
Chestnut Chicago Holdings LLC
Darrow Place II LLC
Deed
—
May 14, 2004
—
Darrow Place Partnership II
Redlawski,michael J
Grant Deed
related
—
Jan 30, 2004
—
Michael J Redlawsk
Darrow Place Ptshp
Warranty Deed
related
—
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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