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    2381 Zimmerly Rd Erie, PA 16506

    For Sale
    $849,000

    3.6-acre commercial/industrial lot, shovel-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.6-acre parcel in Erie, Pennsylvania, presents a unique opportunity for commercial or industrial development. Located at 2381 Zimmerly Road, Erie County, PA 16506, this property boasts a highly desirable location at a fully signalized intersection directly across from the Humane Society and just west of I-79, ensuring excellent visibility and accessibility. The lot is zoned M-U, offering flexibility for various development projects. Importantly, the site is "shovel ready," with water and sewer lines recently extended, and all other utilities already in place. Of the total 3.6 acres, 2.7 acres are developable, allowing for the construction of multiple buildings. Concept drawings are available to illustrate potential development scenarios. The owners are open to building-to-suit options for qualified buyers, demonstrating a commitment to facilitating a seamless development process. This prime location, coupled with its infrastructure readiness and flexible zoning, makes this property an exceptional investment opportunity. For lease options, please inquire about MLS #180618.

    Property Features for 2381 Zimmerly Rd

    General Information

    Property type
    Land
    Lot Size
    156,816 SF
    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 - 3.6-acre commercial/industrial lot, shovel-ready.
    Where is this land located?
    The property is located at 2381 Zimmerly Rd Erie, PA.
    What is the asking price?
    The asking price for this property is $849,000.
    Request Owner's contact information
    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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