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Property profile & analytics
FOR LEASE
Retail space
7870 W Ridge Rd Fairview, PA 16415
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-0052985
For Lease
1 / 11
$9 SF/Yr
7870 W Ridge Rd, Fairview, PA 16415
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
WOOD
Total area
21,492 SF
Lot
2.3 ac (100,188 SF)
Zoning code
B2
APN
21-067-102.0-008.01
UPID
US73-0052985
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
-
Tim's Automotive Service & Repair Auto Repair Shop
-
Ellen S. Jackson, DC Alternative Medicine Practice
-
Fun Fitness Gym & Fitness Center
-
Park's Taekwondo Academy - Fairview Training Center Sports School
-
Bolt Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$610k
Owner & transaction history
Craig D Eisenfelder LLC · 20 yrs held
Craig D Eisenfelder LLC
since 2006
5 recorded transactions
Zoning & alternative use
B2 · 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$28 / 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
$10,459
Tax year 2023
Assessed value
$391,500
Assessed 2024
Previous assessed
$391,500
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$80,500
Assessed improvement
$311,000
Land market value
$80,500
Improvement market value
$311,000
Total market value
$391,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1994
Construction
WOOD
Heating
NONE
Stories
3
Total area
21,492 SF
Lot
2.3 ac (100,188 SF)
Zoning code
B2
APN
21-067-102.0-008.01
UPID
US73-0052985
Jurisdiction
ERIE
Zoning & alternative use
B2 · Fairview, PA
Zoning B2 · permitted uses
B2 · 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
1994
Construction
WOOD
Heating
NONE
Stories
3
Lot
2.3 ac
Current owner
From public records · entity-resolved
Craig D Eisenfelder LLC
Entity
Free & Clear · 20 yrs held
Mailing address
228 PARK AVE S, NEW YORK, NY 10003-1502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
May 8, 2024
—
Fairview Storage LLC
—
Deed
related
$3,200,000 · Broadview FCU
Oct 25, 2016
—
Craig D Eisenfelder LLC
—
Deed
related
$249,500 · Cnb Bk
Jul 8, 2011
—
Craig D Eisenfelder LLC
—
Deed Of Trust
related
$1,600,000 · Eriebank
Apr 17, 2006
$1,300,000
Craig D Eisenfelder LLC
Keith B Obaker
Special Warranty Deed
—
—
—
Craig D Eisenfelder LLC
—
Deed Of Trust
related
$249,500 · Cnb Bk
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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