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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Manufacturing properties
8835 Walmer Dr Mc Kean, PA 16426-1142
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0344408
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Construction
WOOD
Total area
35,600 SF
Lot
4.5 ac (196,020 SF)
Zoning code
I1
APN
31-010-026.0-006.02
UPID
US73-0344408
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
-
Great Lakes Automation Services, Inc/AMi Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$965k
Owner & transaction history
K M B Leasing Company · 2 yrs held
K M B Leasing Company
since 2023
Last sale
$862,500
7 recorded transactions
Zoning & alternative use
I1 · Mc Kean, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+20.2%
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 Mc Kean submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Kean 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
$925,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,095,000
Current use
WAREHOUSE, STORAGE
$1,315,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $863k (Dec 4 2023)
Last sale anchor
$863k
Dec 4 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
$27 / 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
$17,075
Tax year 2023
Assessed value
$845,900
Assessed 2024
Previous assessed
$797,900
+6.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$123,000
Assessed improvement
$722,900
Land market value
$123,000
Improvement market value
$722,900
Total market value
$845,900
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
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Stories
4
Total area
35,600 SF
Lot
4.5 ac (196,020 SF)
Zoning code
I1
APN
31-010-026.0-006.02
UPID
US73-0344408
Jurisdiction
ERIE
Zoning & alternative use
I1 · Mc Kean, PAZoning I1 · permitted uses
I1 · Mc Kean, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1995
Construction
WOOD
Heating
NONE
Stories
4
Lot
4.5 ac
Current owner
From public records · entity-resolved
K M B Leasing Company
Entity
Mailing address
8835 WALMER DR, MC KEAN, PA 16426-1142
Mailing matches property
Yes
Owner-occupied
Yes
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
Dec 4, 2023
—
K M B Leasing Company
K M B Leasing Company
Intrafamily Transfer
related
—
Nov 20, 2023
—
K M B Leasing Company
—
Deed
related
$486,310 · Marquette Savings Bank
Oct 6, 2020
—
K M B Leasing Company
—
Deed
related
$801,244 · Marquette Savings Bank
Oct 20, 2017
—
Kmb Leasing Company
—
Deed
related
$400,000 · Marquette Savings Bank
May 12, 2017
—
Kmb Leasing Co
—
Trustees Deed
related
$750,000 · Marquette Svgs Bk
Oct 19, 2010
—
Kmb Leasing Co
Eidco INC
Quit Claim Deed
related
$360,000 · Pennsylvania Ind'l Dev Auth
Jun 30, 2009
$862,500
K M B Leasing Company
Sobleski Carlson Leasing LP
Special Warranty Deed
$450,000 · First National Bank Of Pennsylvania
Jan 26, 2004
—
Soboleski-carlson Leasing
Soboleski-carlson Leasing
Quit Claim Deed
related
—
—
—
Frank T Soboleski
—
Deed Of Trust
related
$426,272 · Pnc Bank
—
—
Soboleski-carlson Leasing
—
Deed Of Trust
related
$430,231 · 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.
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