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Property profile & analytics

3928 Avonia Rd Fairview, PA 16415-1070

  • Investment properties
  • 2,992 SF
  • 0.20 lot acres
OFF-MARKET
Value Estimation
$255,000
Last Sale
Nov 07, 2024
$240,000
Location Intelligence
Property ID
US73-2099424
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wagner-Giblin Insurance / Insurance Agency

Property Details for 3928 Avonia Rd

Year built
1862
Construction
FRAME
Lot size
0.20 lot acres
Property size
2,992 SF
Zone code
B2
Property type
Investment properties
Property subtype
Live-work space
APN
21-078-014.0-011.00
APU
21078014001100

Description

This exceptional commercial property, located at 3928 Avonia Road in Fairview, Pennsylvania, presents a lucrative investment opportunity. Priced at $240,000, this well-maintained office building boasts 2,992 square feet situated on a 0.2-acre lot. The building is currently leased, generating a monthly income of $2,500, with the owner responsible for taxes and insurance. The property features numerous offices, a reception area, and an updated kitchenette, ensuring functionality and comfort. Ample off-street parking is available in a recently blacktopped lot, providing convenient access for tenants and visitors. The building's central Fairview location offers excellent visibility and accessibility, enhanced by its proximity to I-90 (easily accessible via Exit 16). All utilities are well-maintained, minimizing potential operational concerns for the new owner. This is a turnkey investment opportunity, ideal for an investor seeking a stable income stream from a well-located and updated commercial property. The property is being sold as real estate only

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $265,000
    6.5%
    $275,000
    7%
    $310,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $270,000
    Geo Method
    $270,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $295,000
    Retail
    $300,000
    Mixed-Use
    $320,000
    Hospitality
    $290,000
    Educational
    $325,000
    Residential Income
    $265,000
    Energy
    $270,000
    Income-Based Land
    $320,000
    Food Service
    $265,000

Location Insight

  • Map
  • Local Demand
City
Fairview
County
Erie
State
Pennsylvania
Longitude
-80.2561
Latitude
42.0318
CBSA code
21500
CBSA name
ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,446
$25,800
$103,200
$129,000
-
$25,800
$103,200
$129,000
More about this property
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