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Property profile & analytics
OFF-MARKET
Estimated value
$3,260,000
Warehouses
8150 Rdg Rd Fairview, PA 16415-1805
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1604946
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
FRAME
Total area
169,392 SF
Lot
34.73 ac (1,512,839 SF)
Zoning code
L
APN
21-067-102.0-012.00
UPID
US73-1604946
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
-
PHB Machining Division Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$3.26M
Owner & transaction history
Magnum I · 5 yrs held
Magnum I
since 2021
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
L · 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
$3,065,000
ML approach
$3,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,200,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$3.26M
Range $2.93M – $3.59M · ±10% · vs last sale $3.32M (Jun 30 2021)
Last sale anchor
$3.32M
Jun 30 2021
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
$19 / 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
$76,536
Tax year 2023
Assessed value
$2,864,800
Assessed 2024
Previous assessed
$2,864,800
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$415,000
Assessed improvement
$2,449,800
Land market value
$415,000
Improvement market value
$2,449,800
Total market value
$2,864,800
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
1963
Construction
FRAME
Heating
NONE
Stories
5
Total area
169,392 SF
Lot
34.73 ac (1,512,839 SF)
Zoning code
L
APN
21-067-102.0-012.00
UPID
US73-1604946
Jurisdiction
ERIE
Zoning & alternative use
L · Fairview, PA
Zoning L · permitted uses
L · 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
INDUSTRIAL (GENERAL)
Est. value
$5.2M
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
1963
Construction
FRAME
Heating
NONE
Stories
5
Lot
34.73 ac
Current owner
From public records · entity-resolved
Magnum I
Individual
Mailing address
7900 W RDG RD, FAIRVIEW, PA 16415-1807
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
—
Magnum I
—
Deed
related
$1,538,044 · Key Bank NA
Jun 30, 2021
$3,323,168
Magnum I
Martha M Hilbert
Special Warranty Deed
—
Jun 30, 2021
—
Magnum 1
Magnum 1
Intrafamily Transfer
related
—
Nov 13, 2018
—
Martha M Hilbert
—
Deed
related
$2,480,000 · Keybank USA
—
—
Martha M Hilbert
—
Deed Of Trust
related
$634,666 · First Niagara Funding INC
—
—
Martha M Hilbert
—
Loan Modification
related
$2,480,000 · Keybank USA
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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