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Property profile & analytics
OFF-MARKET
Estimated value
$345,000
Garden apartment buildings
6668 6682nd W Rdg Rd Fairview, PA 16415
Individually Owned
11-yr Hold
Free & Clear
Property ID
US73-4083681
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2017
Construction
FRAME
Total area
4,356 SF
Lot
3.78 ac (164,657 SF)
Zoning code
R3
APN
21-052-074.0-022.00
UPID
US73-4083681
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
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$345k
Owner & transaction history
Derek B Sanford · 11 yrs held
Derek B Sanford
since 2015
5 recorded transactions
Zoning & alternative use
R3 · Fairview, 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 Fairview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview 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
by Request
ML approach
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$345k
Range $311k – $380k · ±10%
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
$79 / 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
$17,771
Tax year 2023
Assessed value
$665,200
Assessed 2024
Previous assessed
$665,200
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$105,800
Assessed improvement
$559,400
Land market value
$105,800
Improvement market value
$559,400
Total market value
$665,200
Applied tax rate
21.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
NONE
Buildings
3
Stories
3
Total area
4,356 SF
Lot
3.78 ac (164,657 SF)
Zoning code
R3
APN
21-052-074.0-022.00
UPID
US73-4083681
Jurisdiction
ERIE
Zoning & alternative use
R3 · Fairview, PAZoning R3 · permitted uses
R3 · Fairview, 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
2017
Construction
FRAME
Heating
NONE
Stories
3
Buildings
3
Lot
3.78 ac
Current owner
From public records · entity-resolved
Derek B Sanford
Individual
Free & Clear · 11 yrs held
Mailing address
4206 WOODBROOK LNDG, ERIE, PA 16506-7018
Ownership since
2015
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
Apr 9, 2025
—
Derek B Sanford
—
Deed
related
$500,000 · Marquette Savings Bank
May 22, 2015
$27,000
Derek B Sanford
Northwest Svgs Bk
Grant Deed
—
May 11, 2015
—
Northwest Svgs Bk
Sheriff Of Erie County
Trustees Deed
related
—
Jul 11, 2014
$6,513
Northwest Svgs Bk
Sheriff Of Erie County
Trustees Deed
related
—
Oct 23, 2007
$30,000
Richard L Lehman
Henry N Fox
Special Warranty Deed
$27,000 · Northwest Savings 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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