Manufacturing Facility with Heavy-Equipment
For Sale
$850,000
4912 W RIDGE Road, Erie, PA 16506
CommercialSale, Erie, PA
Property Size9,000 SF
Lot Size4.25 Acres
Price / SF$93.09
Days on Market46
Property Features for 4912 W RIDGE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
M-2
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Parking
10
Lot features
Flat, Irregular Lot
Elementary school district
Millcreek
Middle school district
Millcreek
High school district
Millcreek
Directions
Turn onto W 23rd. from Asbury Rd. Property is on the left hand side driving towards Wegmans. Right next to GeorgeKo. Alternative access via W Ridge Rd
Subdivision
5 - Millcreek N of W26
Standard status
Active
APN
33-042-230.1-003.00
Size
9,131 SF
Lot size
4.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6780
Expense value
35000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
1
Building materials
AluminumSiding, VinylSiding
Roof type
Metal
Architectural style
Other
Listing Agency:
Agresti Real Estate
(814) 459-9400
Listed By:
Isaac Yurkewicz · License #RS333371
(814) 460-7538
Added: Sep 2
Changed: Oct 17
Last Checked: Oct 17 at 11:06PM
MLS# 192903
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9,131-square-foot manufacturing facility occupies 4.25 acres at 4912 W Ridge Road in Erie. Built in 1950, the building was originally configured for tool and die work and includes a 6-inch concrete slab, 20- to 25-foot ceiling heights, ventilation, and a dry sprinkler system. Three 100-foot overhead bus bars support the movement of heavy equipment, while 3-phase electric service accommodates industrial operations. The property also includes three bathrooms, a metal roof, aluminum and vinyl siding, natural gas forced-air heating, public water, and public sewer.
MU-2 zoning allows a broad range of commercial, service, office, residential, and mixed-use applications. The site is positioned in Millcreek Township near established businesses and ongoing development, with access and visibility along W Ridge Road. The facility can support manufacturing, fabrication, machining, warehousing, or other industrial uses identified for the property.
MU-2 zoning allows a broad range of commercial, service, office, residential, and mixed-use applications. The site is positioned in Millcreek Township near established businesses and ongoing development, with access and visibility along W Ridge Road. The facility can support manufacturing, fabrication, machining, warehousing, or other industrial uses identified for the property.
Key Highlights
- 9,131‑square‑foot manufacturing building on 4.25 acres
- 3‑phase electric service for industrial operations
- Three 100‑foot overhead bus bars for heavy equipment movement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,574
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,480
$1.4M
Cap Rate 7%
$979,629
$979.6K
Cap Rate 9%
$761,933
$761.9K
Market Conditions
NOI Build-Up for 9,131 SF
Gross rent
$86.6K $9.48/SF
− Vacancy
−$5.9K −$0.64/SF
EGI
$80.7K $8.84/SF
− OpEx
−$12.1K −$1.33/SF
NOI
$68.6K $7.51/SF
Area
Erie County, PA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,480
Cap Rate 7%
$979,629
Cap Rate 9%
$761,933
Alternative Uses
Best Use
Warehouse
$979.6K
$857.2K – $1.14M
NOI $68,574 @ 7.0% cap · market cap 8.07%
Second Best
Industrial
$806.8K
$705.9K – $941.2K
NOI $56,473 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M
NOI $158,573 @ 7.0% cap · market cap 18.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
25 ft
Clear height
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 16506, PA
23,918
Population
10,309
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
13.6 sq mi
ZIP Area
1,759
Density / Sq Mi
$84,021
Median Household Income
$47,823
Median Earnings
$1,176
Median Rent
$224,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility with manufacturing infrastructure, public utilities, and MU-2 zoning supporting varied commercial applications.
Where is this manufacturing property located?
The property is located at 4912 W RIDGE Road Erie, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 9,131‑square‑foot manufacturing building on 4.25 acres; 3‑phase electric service for industrial operations; Three 100‑foot overhead bus bars for heavy equipment movement
