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Erie Land with Gas Well
For Sale
$134,000

7509 E LAKE Road, Erie, PA 16511

Land, Erie, PA

Property Size500 SF
Lot Size1.72 Acres
Price / SF$268
Days on Market514

Property Features for 7509 E LAKE Road

General Information

Property type Land
Property subtype Other
Zoning description R-1
Lot features Cleared, Mineral Rights, Wooded
Elementary school district Harborcreek
Middle school district Harborcreek
High school district Harborcreek
Directions East Lake Road between Bartlett Rd and Highmeyer Rd. Driveway is between bushes near sign.
Subdivision 15 - Harborcrk/Wesleyvill/Law Pk
Standard status Active
APN 27-025-031.0-033.00
Size 500 SF
Lot size 1.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1074
Expense value 2000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Water source Public
Listing Agency: RE/MAX Real Estate Group East · RE/MAX International
Listed By: Hannah Mindek-Allessie · License #RS319194
Added: Jun 2, 2025 Changed: Aug 19 Last Checked: Oct 28 at 9:06AM
MLS# 184140

Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1.72-acre lot, located in Erie, PA, is ready for residential development. The property features a gas well and is situated approximately 2 miles from Shades Beach and Shorewood Beach. The location provides convenient access to schools, shopping, restaurants, beaches, and wineries. Mature trees and trails are present throughout the wooded area, which backs up to a county-owned park with trails leading to Scott Run and Eightmile Creek. A garage is currently standing on the property. The buyer is responsible for septic system installation.

Key Highlights

  • Prime location: Minutes from schools, shopping, restaurants, beaches, and wineries.
  • Proximity to beaches: Only 2 miles from Shades Beach and Shorewood Beach.
  • Gas well on property.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Food Market Hotel & Motel Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 16511, PA

11,347
Population
4,861
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
1,533
Density / Sq Mi
$71,644
Median Household Income
$41,998
Median Earnings
$871
Median Rent
$162,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Residential lot with gas well near beaches and amenities.
Where is this land located?
The property is located at 7509 E LAKE Road Erie, PA.
What is the asking price?
The asking price for this property is $134,000.
What are key features of this property?
This property features: Prime location: Minutes from schools, shopping, restaurants, beaches, and wineries.; Proximity to beaches: Only 2 miles from Shades Beach and Shorewood Beach.; Gas well on property.
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