Property profile

7755 Klier S Dr Fairview, PA 16415

OFF-MARKET
Warehouses
Property ID
US73-4262206
30,000 SF 8.94 ac lot Built 2022
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property in Erie County, NY, offers a brand-new 31,690-square-foot addition to an existing facility, totaling 61,690 square feet. Situated on an 8.94-acre lot, this single-tenant space boasts a modern metal building design. The main warehouse area measures 150 feet wide by 200 feet long, providing a spacious 20-foot clear interior height. The layout includes 75-foot by 28.5-foot bays supported by six interior columns. A separate dock building, 30 feet wide by 56.33 feet long, offers a 12.67-foot clear interior height with two clear-span bays. The building features a robust 6-inch concrete floor, an ESFR sprinkler system, unit heaters, and energy-efficient high-bay LED lighting. The property includes three 9' x 10' dock-high doors with levelers, and one 14' x 14' at-grade overhead door. A total of 409 square feet of modern bathrooms with LVT flooring are included. The property benefits from a 400 AMP/480V/3-phase power supply. The lease rate is $7.25 per square foot annually, on a Net-Net-Net basis. A 5-year LERTA (Local Economic Revitalization Tax Assistance) program is available, commencing with the occupancy permit; real estate taxes will be assessed afterward. Conveniently located, the property is half a mile from US Highway 90 and five miles from US Highway 79. Additional improvements are negotiable. This is a prime opportunity for businesses seeking a modern, efficient, and strategically located industrial space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Total area 30,000 SF
Lot 8.94 ac (389,426 SF)
APN 21-088-099.0-006.04
UPID US73-4262206

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7755 Klier S Dr Fairview, PA 16415-2455
Fairview metro Census 10303 ERIE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2020
Last sale
$65,000
4 recorded transactions
2020
Price N/A
2017
$65,000
2004
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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