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    2381 Zimmerly Rd Erie, PA 16506

    For Lease
    $28,334

    Prime Erie, PA commercial/industrial land, build-to-suit option.

    Lot size:
    156,816 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.6-acre parcel in Erie, Pennsylvania (175,547 square feet), zoned M-U, presents a unique opportunity for commercial or industrial development. Located at 2381 Zimmerly Road, this site boasts a highly visible location at a fully signalized intersection directly across from the Humane Society and conveniently situated just west of I-79, ensuring excellent accessibility and high traffic visibility. The property is essentially "shovel ready," with water and sewer lines recently extended to the site, and all other utilities already in place. A significant portion of the land, approximately 2.7 acres, is developable, offering flexibility for various building projects. Concept drawings are available to illustrate potential development scenarios, including the possibility of constructing multiple buildings. The owner is open to build-to-suit options for qualified tenants, making this an attractive proposition for businesses seeking a customized solution. This property is also available for sale (MLS #180617), providing additional acquisition flexibility. The single-tenant zoning and convenient location make this a highly desirable site for businesses seeking a strategic presence in Erie, Pennsylvania. The zip code is 16506.

    Property Features for 2381 Zimmerly Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    156,816 SF
    Total Rate
    28334

    Unit(s) available at that property

    Space
    Size
    156,816 SF
    Rate per SF
    $28,334

    HighLights

    • 3.6‑acre (175,547 SF) commercial/industrial parcel in Erie, PA (16506).
    • Located at 2381 Zimmerly Road, at a signalized intersection with high visibility near I‑79.
    • Shovel‑ready site with utilities in place, including recently extended water and sewer.
    • 2.7 acres developable; concept drawings available; build‑to‑suit options considered.
    • M‑U zoning; available for sale (MLS #180617).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.110518
    Latitude
    42.06754

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    FAQs

    What type of property is this?
    Land - Prime Erie, PA commercial/industrial land, build-to-suit option.
    Where is this land located?
    The property is located at 2381 Zimmerly Rd Erie, PA.
    What is the lease rate?
    The lease rate is $28,334.
    What are key features of this property?
    This property features: 3.6-acre (175,547 SF) commercial/industrial parcel in Erie, PA (16506).; Located at 2381 Zimmerly Road, at a signalized intersection with high visibility near I-79.; Shovel-ready site with utilities in place, including recently extended water and sewer.
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    2381 Zimmerly Rd Erie, PA 16506
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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
    2381 Zimmerly Rd Erie, PA 16506
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