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    Wager Rd Erie, PA 16509

    Sponsored
    For Sale
    $225,000

    Prime Erie location, high visibility, raw land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.49-acre commercial lot presents a unique investment opportunity in Erie, Pennsylvania. Strategically located at 0 Wager Road, this raw land parcel offers significant potential for development. Its prime location boasts exceptional visibility from Interstate 90, thanks to the prominent pylon signage opportunities. The property is situated directly adjacent to a Wendy's restaurant, ensuring high traffic and excellent exposure for any future commercial venture. The asking price for this expansive lot is $225,000. Given its size, location, and visibility, this property represents a compelling investment for developers seeking a high-impact site in a thriving area. The land is currently in its raw state, providing a blank canvas for customized development plans. The property's address is 0 Wager Rd, Erie, PA 16509, within Erie County. The lot's coordinates are 42.0956157 latitude and -80.0072546 longitude. This is a rare opportunity to acquire a significant commercial parcel in a desirable location with excellent visibility and high traffic counts. Don't miss out on this chance to build your next successful commercial project.

    Property Features for 0 Wager Rd

    General Information

    Property type
    Land
    Lot Size
    108,464 SF

    HighLights

    • 2.49‑acre commercial lot in Erie, PA.
    • High visibility from I‑90 due to pylon signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0072546
    Latitude
    42.0956157

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    FAQs

    What type of property is this?
    Land - Prime Erie location, high visibility, raw land.
    Where is this land located?
    The property is located at Wager Rd Erie, PA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 2.49-acre commercial lot in Erie, PA.; High visibility from I-90 due to pylon signage opportunities.;
    Request Owner's contact information
    Wager Rd Erie, PA 16509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wager Rd Erie, PA 16509
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