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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Manufacturing properties
9 Pennsylvania Ave Corry, PA 16407-1603
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-1087119
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1920
Construction
WOOD
Total area
45,969 SF
Lot
2.85 ac (124,233 SF)
Zoning code
I1
APN
06-022-096.0-013.00
UPID
US73-1087119
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
-
Hensa Stmp Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$500k
Blend (final)
Blend
$715k
Owner & transaction history
Hensa Nations Re LLC · 7 yrs held
Hensa Nations Re LLC
since 2018
7 recorded transactions
Zoning & alternative use
I1 · Corry, PA
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 Corry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corry 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
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$16 / 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
$12,352
Tax year 2023
Assessed value
$383,200
Assessed 2024
Previous assessed
$383,200
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$119,400
Assessed improvement
$263,800
Land market value
$119,400
Improvement market value
$263,800
Total market value
$383,200
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
NONE
Buildings
2
Stories
3
Total area
45,969 SF
Lot
2.85 ac (124,233 SF)
Zoning code
I1
APN
06-022-096.0-013.00
UPID
US73-1087119
Jurisdiction
ERIE
Zoning & alternative use
I1 · Corry, PAZoning I1 · permitted uses
I1 · Corry, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map | City of Corry
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
NONE
Stories
3
Buildings
2
Lot
2.85 ac
Current owner
From public records · entity-resolved
Hensa Nations Re LLC
Entity
Mailing address
904 CENTENNIAL AVE, SEWICKLEY, PA 15143-1771
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2018
$900,600
Hensa Nations Re LLC
Richard E Chase
Special Warranty Deed
—
Dec 11, 2001
—
Edwin R Foley
Chase,richard E & Shirley A
Grant Deed
related
—
—
—
Chase Manufacturing
—
Deed Of Trust
related
$100,000 · Pnc Bank
—
—
Chase Manufacturing
—
Deed Of Trust
related
$325,000 · Northwest Savings Bank
—
—
Richard E Chase
—
Deed Of Trust
related
$40,000 · Northwest Savings Bank
—
—
Chase Manufacturing Co
—
Deed Of Trust
related
$700,000 · Northwest Savings Bank
—
—
Cashe Manufacturing
—
Deed Of Trust
related
$110,000 · Northwest Savings Bank
—
—
Chase Manufacturing Co
—
Deed Of Trust
related
$650,000 · Northwest Savings Bank
—
—
Chase Manufacturing
—
Deed Of Trust
related
$125,000 · Northwest Savings 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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