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Property profile & analytics
OFF-MARKET
Office buildings
500 3rd Ave Ford City, PA 16226-1004
Individually Owned
4-yr Hold
Free & Clear
Property ID
US73-0749082
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1937
Total area
16,800 SF
Lot
0.88 ac (38,335 SF)
Zoning code
COMMERCIAL/CONSERVATION
APN
14-0-007794
UPID
US73-0749082
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
-
K&L Real Properties Warehouse & Storage
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
John Laufer · 4 yrs held
John Laufer
since 2021
Last sale
$84,500
5 recorded transactions
Zoning & alternative use
COMMERCIAL/CONSERVATION · Ford City, 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 Ford City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ford City 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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,488
Tax year 2024
Assessed value
$87,190
Assessed 2024
Previous assessed
$87,190
+0.0% YoY
Effective rate
9.74%
On assessed value
Assessed land
$50,750
Assessed improvement
$36,440
Land market value
$145,000
Improvement market value
$104,100
Total market value
$249,100
Applied tax rate
14.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1937
Heating
NONE
Stories
2
Total area
16,800 SF
Lot
0.88 ac (38,335 SF)
Zoning code
COMMERCIAL/CONSERVATION
APN
14-0-007794
UPID
US73-0749082
Jurisdiction
ARMSTRONG
Zoning & alternative use
COMMERCIAL/CONSERVATION · Ford City, PAZoning COMMERCIAL/CONSERVATION · permitted uses
COMMERCIAL/CONSERVATION · Ford City, 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
1937
Heating
NONE
Stories
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
John Laufer
Individual
Free & Clear · 4 yrs held
Mailing address
1726 JAMES ST, MONROEVILLE, PA 15146-3814
Ownership since
2021
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
Nov 17, 2021
$84,500
John Laufer
Armstrong County Buitding And Loan
Warranty Deed
—
Sep 12, 2018
$37,399
Armstrong Cnty Bldg & Loan Ass
Sheriff Of Armstrong County|fullard,michael M
Trustees Deed
related
—
Mar 6, 2014
$99,000
Ford City Hose Company 1 Ambulance
Michael M Fullard
Warranty Deed
$52,000 · S & T Bank
Sep 17, 2009
$200,000
Michael M Fullard
Fullard,michael M
Grant Deed
—
Apr 20, 2007
$30,409
Michael M Fullard
Owner Name Unavailable
Grant 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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