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Property profile & analytics
OFF-MARKET
Bars & Pubs
6886 Sterrettania Rd Fairview, PA 16415-2918
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0902879
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1825
Construction
WOOD
Total area
5,875 SF
Lot
0.76 ac (33,132 SF)
Zoning code
R2
APN
31-001-021.0-009.00
UPID
US73-0902879
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
-
Elk Creek Inn Bar & Pub Restaurant
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
Ronald N Sala · 15 yrs held
Ronald N Sala
since 2010
7 recorded transactions
Zoning & alternative use
R2 · 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
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
$3,627
Tax year 2023
Assessed value
$169,500
Assessed 2024
Previous assessed
$169,500
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$66,300
Assessed improvement
$103,200
Land market value
$66,300
Improvement market value
$103,200
Total market value
$169,500
Applied tax rate
31.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1825
Construction
WOOD
Heating
NONE
Stories
3
Total area
5,875 SF
Lot
0.76 ac (33,132 SF)
Zoning code
R2
APN
31-001-021.0-009.00
UPID
US73-0902879
Jurisdiction
ERIE
Zoning & alternative use
R2 · Fairview, PA
Zoning R2 · permitted uses
R2 · Fairview, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairview. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1825
Construction
WOOD
Heating
NONE
Stories
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Ronald N Sala
Individual
Mailing address
7211 WATER ST, FAIRVIEW, PA 16415-2002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2019
—
Ronald N Sala
—
Trustees Deed
related
$75,000 · Dwight A Olver
Dec 6, 2010
$80,000
Ronald N Sala
Passport West Eighth LLC
Grant Deed
$80,000 · Passport West Eighth LLC
Dec 3, 2010
—
Passport West Eighth LLC
Elk Creek Ptshp
Quit Claim Deed
related
—
Jul 10, 2001
$200,000
Elk Creek Partnership
Mikolajczyk,robert A & Joyce M
Grant Deed
$115,000 · Robert A & Joyce M
—
—
Ronald N Sala
—
Deed Of Trust
related
$84,000 · Violet E Sala
—
—
Ronald N Sala
—
Deed Of Trust
related
$19,081 · Helen M Zimmerman
—
—
Elk Creek Ptshp
—
Deed Of Trust
related
$39,313 · Pnc Bank
—
—
Elk Creek Partnership
—
Deed Of Trust
related
$280,000 · 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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