Listing Agency: Baldwin Brothers Inc

Listed By: Drew Baldwin · License #RB011268A

Source: Crexi

Added: Aug 3, 2023 Changed: Aug 10 Last Checked: Aug 9 at 8:39AM

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Investment Insights

Based on property information with market context.

This industrial development site encompasses approximately 5.2 acres. The level site features 216 feet of frontage on Oliver Road. It is located near the J. Robert Baldwin Business Park, approximately 1.2 miles from Interstate 90 at exit 24, and 3.8 miles from Interstate 79.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency HVAC Service Garden Center Parking Lot & Garage Auto Parts Store Bakery

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

347

Businesses Nearby

Explore this area Business Placement

Demographics for 16509, PA

28,005

Population

12,900

Households

2.2

Avg Household Size

44

Median Age

37%

College-Educated

95%

High-School Grad

38.2 sq mi

ZIP Area

733

Density / Sq Mi

$68,880

Median Household Income

$41,143

Median Earnings

$1,074

Median Rent

$207,500

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - 5.2 acre industrial development site near I-90 and I-79.

Where is this industrial land located?

The property is located at 8340 Oliver Rd Erie, PA.

What is the asking price?

The asking price for this property is $338,000.