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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Warehouses
8000 Middle Rd Fairview, PA 16415-1854
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2014281
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
STEEL FRAME
Total area
14,100 SF
Lot
5.29 ac (230,607 SF)
Zoning code
I1
APN
21-048-064.0-006.01
UPID
US73-2014281
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
-
Lignitech General Contractor
-
Bonnell's Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$595k
Owner & transaction history
J & E Peach LLC · 3 yrs held
J & E Peach LLC
since 2023
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
I1 · Fairview, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$665,000
+27.9%
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
$670,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$520,000
Current use
COMMERCIAL (GENERAL)
$665,000
Change: +28% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$435,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $625k (Apr 25 2023)
Last sale anchor
$625k
Apr 25 2023
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
$42 / 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
$14,694
Tax year 2023
Assessed value
$550,000
Assessed 2024
Previous assessed
$550,000
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$100,000
Assessed improvement
$450,000
Land market value
$100,000
Improvement market value
$450,000
Total market value
$550,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
14,100 SF
Lot
5.29 ac (230,607 SF)
Zoning code
I1
APN
21-048-064.0-006.01
UPID
US73-2014281
Jurisdiction
ERIE
Zoning & alternative use
I1 · Fairview, PA
Zoning I1 · permitted uses
I1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$665,000
INDUSTRIAL (GENERAL)
Est. value
$435,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
5.29 ac
Current owner
From public records · entity-resolved
J & E Peach LLC
Entity
Mailing address
6969 EDINBORO RD, ERIE, PA 16509-4444
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
$625,000
J & E Peach LLC
Scott M Bonnell
Deed
—
Dec 28, 2018
—
Scott M Bonnell
—
Grant Deed
related
$2,709,016 · Citizens Bk/pa
Jun 26, 2017
—
Scott M Bonnell
—
Trustees Deed
related
$430,000 · Citizens Bk/pa
May 1, 2012
$143,000
Scott M Bonnell
West Ridge Realty LP
Grant Deed
$143,000 · West Ridge Realty LP
Sep 9, 2011
$550,000
Scott M Bonnell
West Ridge Realty LP
Grant Deed
$499,418 · West Ridge Realty LP
—
—
Scott M Bonnell
—
Deed Of Trust
related
$500,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$850,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$275,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Loan Modification
related
$530,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$315,000 · Citizens Bk/pa
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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