8350 Oliver Rd, Erie, PA 16509
This exceptional 8.14-acre industrial development site presents a compelling investment opportunity in Erie, Pennsylvania. Located at 8350 Oliver Road, this level lot boasts 570 feet of frontage, offering excellent visibility and accessibility. The property is zoned for industrial use within Summit Township and benefits from readily available public water and sewer services. Its strategic location provides convenient access to major transportation arteries, situated just 1.2 miles from Interstate 90 (Exit 24) and 3.8 miles from Interstate 79, ensuring seamless connectivity for logistics and distribution. The site's proximity to the J. Robert Baldwin Business Park further enhances its appeal. Strong demographics support this location, with approximately 15,518 residents within a 3-mile radius and approximately 70,286 residents within a 5-mile radius. The property's APN is 40-017-073.0-023.02. Priced at $610,500, or $75,000 per acre, this land offers significant potential for industrial development and represents a rare opportunity in a thriving market. Additional information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.